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Exploring the motives and success factors behind female entrepreneurs in India

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Abstract

Encouraging women as entrepreneurs in the recent scenario are the government initiative over the globe. Some women started these small enterprises to support their living and their families, however, the commitments are minor and significant numbers of projects are probably not increasing in the long run. Thus, the current study aims to explore the factors contributing in motive behind female entrepreneurship to participate in the economic development as an effective entrepreneur by leading a successful business based on their specifics characteristics. Using factor analysis with the data of 80 female entrepreneurs, the study concluded that there are nine indicators that contribute significantly to become a successful entrepreneur. Therefore, the current study suggests that there must be a ceaseless effort to move, stimulate and coordinate with women entrepreneur while developing the policies to promote women in business meanwhile, women itself need to attempt and update themselves inside the changing over occasions by methods for adjusting the pristine time benefits. Women ought to be taught and talented persistently to assemble the capacities and information in the greater part of the viable districts of business administration. This will encourage women to exceed expectations in choice-making process and expand a decent business.

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This research was not funded by any source (individual, group or organization).

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Correspondence to Muhammad Abrar ul Haq.

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Abrar ul Haq, M., Victor, S. & Akram, F. Exploring the motives and success factors behind female entrepreneurs in India. Qual Quant 55, 1105–1132 (2021). https://doi.org/10.1007/s11135-020-01046-x

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  • DOI: https://doi.org/10.1007/s11135-020-01046-x

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