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A Theory for the Development of African Female Entrepreneurship

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African Female Entrepreneurship

Abstract

Women are inspired to become entrepreneurs through the example of friends, family, mentors and by their own self-efficacy and passion. To grow and develop, female entrepreneurs must continually acquire capabilities through further education, skills acquisition and networking. Building these capability sets requires specifically designed support. Improved access to funding is needed including innovative banking with assessment and lending criteria responding to how women do business. Entrepreneurial development and experience are accompanied by personal growth and a refined personal ethos. As well-being and success increase, their principles and values motivate women to increase their other-centric activities and focus. The ability to advance towards success, while extending outwards to impact community is a valuable resource and can be enhanced by capability boosting and gender-targeted support policies.

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Correspondence to Amanobea Boateng .

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Boateng, A. (2018). A Theory for the Development of African Female Entrepreneurship. In: African Female Entrepreneurship. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-65846-9_5

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