Abstract

The purpose of this study is to investigate the factors such as access to finance, legal constraints, and entrepreneurial skill on women's participation in business activities. The mediating effects of self-leadership were also established as an influence on women's participation in business activities. Moreover, the study examined the moderating effect of education among self-leadership and participation of women in entrepreneurial activities. The study selected a quantitative method and structured questionnaire for the data collection. The study found a significant relationship of the effect of access to finance, legal constraints, and entrepreneurial skill with women's participation in entrepreneurial activities. Moreover, the study found a significant mediating effect of self-leadership between factors and women's participation in entrepreneurial activities as well as a significant moderating effect of education between self-leadership and participation of women in entrepreneurial activities. The study suggests that the government and other institutions should take the initiative in women's entrepreneurship that affects women's self-leadership skills. The policymakers should pay attention to the financial concerns of women in business activities.

Highlights

  • It is recognized that women's entrepreneurship is a significant pointer for world economic development

  • The purpose of this study is to investigate the factors such as access to finance, legal constraints, and entrepreneurial skill on women's participation in business activities

  • This study uniquely contributes to the knowledge in women entrepreneurship and the rapid economic development of Pakistan (Sajjad et al 2020)

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Summary

Introduction

It is recognized that women's entrepreneurship is a significant pointer for world economic development. This study uniquely contributes to the knowledge in women entrepreneurship and the rapid economic development of Pakistan (Sajjad et al 2020). This study helps to understand the challenges that are enormous hurdles for women entrepreneurs and have a significant effect on economic growth(Khan et al 2020). In Pakistan, institutions have malicious behavior with women to give loans for business due to male-dominated culture (Zafar and Mustafa 2018). In this case, the effort of the government positively contributes to the intention of the small and medium enterprises (Rawashdeh and Al-namlah 2017). The study indicated that constitutions are required to protect women employees in Pakistan (Zafar and Mustafa 2018)

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