The Women Entrepreneurs Failure Factors in the Case of Gojjam Zones

Getaneh Yenealem Ayene

doi:10.7176/jcsd/61-02

Abstract

This study was designed to assess the Women Entrepreneurs Failure Factors in the Case of Gojjam Zones. In particular the study investigated how Individual reason, Competition, General environment and corporate policy affect women entrepreneurs in small businesses. Therefore to understand and analyze business failure factors a case of Women Entrepreneurs in the case of Gojjam Zones, the researchers have adopted a quantitative research approach. The researcher collects data through questioner. Information from the participants was analyzed by using statistical package for social sciences. For this study the target populations are business companies operating in Gojjam Zones for the last five years (from 2006-2010 as of Ethiopian Calendar). Do you to data unavailability we failed to know exactly the number of women owned/managed business in the two zones/West Gojjam & East Gojjam/, the Sample Size of this study is determined using Infinite Population (where the population is greater than 50,000) sample size determination formula of Godden, (2004). Based on the formula A sample of 384 women entrepreneurs was chosen for the study. Both tables and frequency distributions were utilized to draw valid conclusions. From the study that individual characteristics/Motivations, managerial skills, knowledge & experience, and fear of failure/ of a woman were statistically significant at 5% level of significance. And hence immediate environment factors are significant at 5% level of significance and thus these variables have an effect on women entrepreneurs’ business failure. But availability of infrastructure and government incentives were found to be statistically insignificant. Finally depicts existence of marketing strategy, financing strategy incentives to motivate employees, and cooperation among partners are statically significant at 5% level of significance thus they have an effect on business failure. However, withdrawal of a partner is not a significant variable. Keywords: Ethiopian, Entrepreneurs, failure factors, Women, business DOI: 10.7176/JCSD/61-02 Publication date: September 30 th 2020

Highlights

Background of the StudyEntrepreneurship is more and more recognized as a very important driver of economic process, productivity, innovation and employment, and it's wide accepted as a key side of economic dynamism. remodeling concepts into economic opportunities is that the decisive issue of entrepreneurship
The role of entrepreneurship associated an entrepreneurial culture in economic and social development has modified over years and it's become more and more apparent that entrepreneurship so contributes to economic development. the many numbers of enterprises were closely-held by men (ILO, 2006)
Objectives of the Study The main objective of this study is to identify Women Entrepreneurs failure factors in the case of Gojjam Zones This study has the following specific objectives

Summary

Introduction

Background of the StudyEntrepreneurship is more and more recognized as a very important driver of economic process, productivity, innovation and employment, and it's wide accepted as a key side of economic dynamism. remodeling concepts into economic opportunities is that the decisive issue of entrepreneurship. According to World Bank development indicators report as cited in Kipnis,2013 girls in African nation represent regarding half the population, initiatives that support women’s economic authorisation area unit vital to the country’s economic development. In 2000, African nation took steps towards supporting women’s economic activities by reforming its family law, eliminating a husband’s ability to deny permission for his woman to figure outside the house, and requiring each spouses to agree in administering family property. These changes have shifted women’s economic activities toward occupations involving higher skills, longer work hours, and additional choices to figure outside the house. Girls represent forty seven p.c of the force, and 81percent of girls participate within the labor, compared to ninety p.c of men. the bulk of girls add the informal sector, representing sixty p.c of informal enterprise homeowners

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