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INTRODUCTION
In today's competitive economy, entrepreneurial development has gained a
significant importance all over the world because it leads to the path of economic
development. Generally in our society, the business concerns are normally
conducted by men by a nominal human resource ratio. If women entrepreneurs are
encouraged in the field, a lot greater ratio of workforce would be engaged in different
jobs.
Another important aspect of this study would be to highlight the concept of
economic independence of our women and how can they help in bringing economic
prosperity.
DEFINITION OF WOMEN ENTERPRENEURSHIP
"A women entrepreneur can be defined as a confident, innovative and creative
woman capable of achieving self economic independence, individually or in
collaboration, generates employment opportunities for others through initiating,
establishing and running the enterprise by keeping pace in personal family and
social life." (Kamal Singh)
Chapter 2
RESEARCH METHODOLOGY
TYPE OF RESEARCH
The type of this research is descriptive. The major purpose of descriptive research,
as the term implies, is to describe characteristics of population or phenomenon.
Descriptive research seeks to determine the answers to what, who, when, where,
and how question. Descriptive research often helps segment and target population.
Accuracy is of paramount importance in descriptive research. Although errors cannot
be completely eliminated, good researchers strives for descriptive precision.
Descriptive studies are based on some previous understanding of the nature of the
research problem.
RESEARCH DESIGN
A research design is a master plan specifies the method and procedures for
collecting and analyzing the needed information. It includes sources of information,
the research method or technique, the sampling methodology, and schedule and the
cost of research. All the details are mentioned below.
TARGET POPULATION
Target population is the complete group of specific population elements relevant to
the research project. Our research project is "Women Entrepreneurships" so most
relevant elements or objects that possess the information sought by the research are
women and those institutes that promote women entrepreneurships.
The following information clearly specify the elements (people) come under target
population
Specifically fresh degree holders and graduates who are finding jobs and
households women.
SAMPLING UNIT
The sampling unit is a single element or a group of elements subject to selection in
the sample. The elements (people) who are eligible for this research must have few
of the following characteristics:
Adult and mature men and women age ranging from 24 to 40.
Household women who are willing and able to start their own business.
SAMPLING TECHNIQUE
I will go for judgmental sampling technique. Judgmental sampling is a non probability
sampling technique in which an experienced individual selects the sample based
upon some appropriate characteristics of sample members. I choose judgmental
sampling technique because all the characteristics of sample member are known
and specified in this research project.
The main advantages of judgmental sampling id that it is useful for certain types of
forecasting and sample guaranteed to meet a specific objective. The main
disadvantages of judgmental sampling is bias due to experts beliefs may make
sample unrepresentative and project data is beyond sample is inappropriate.
SAMPLE SIZE
Sample size refers to the number of elements to be included in the study. The
sample size of this research is 50.
The sample size can be categories as under
Sub Category
Marital Status
Qualification
Occupation
Male
16
Single
31
Graduates
22
Student Salaried
15
24
Female
34
Married
19
Masters
Below Graduation
26
2
Business Owners
House Hold
6
4
Total
50
50
50
50
RESEARCH TOOL
Self administrative questionnaires are used as research tool for the collection of
data. Self administrative questionnaires are those questionnaires that are filled in by
the respondents. In personal interview the interviewer ask question from
questionnaires and records the answer of respondents. 16 questions are included in
questionnaire out of 16; 3 are open ended and 13 are closed ended.
Chapter 3
DATA ANALYSIS AND INTERPRETATION
Frequenc
Percentage
Probabilit
Strongly Agree
Agree
Dont Know
Disagree
Strongly Disagree
Total
y
21
26
2
1
0
50
s
42%
52%
4%
2%
0%
100%
y
0.42
0.52
0.04
0.02
0.00
1.00
Out of 50 respondents, 42% are strongly agreed, 52% agree, 4% dont know, 2%
disagree, and 0% strongly disagree that women have the potential of being a
successful entrepreneur. The opinion of the respondents shows positives results
because collectively 94% people agree that women have potential of being a
successful entrepreneurs.
Collectively the ratio of disagree and strongly disagree is only 2% so it proves that
women have potential and they can start and run the business smoothly. Lack of
confidence on one owns abilities are most common hurdle which most of women
face. The above shows that most of the respondents believe on women abilities as
successful entrepreneur.
Frequenc
Percentage
Probabilit
Strongly Agree
Agree
Dont Know
Disagree
Strongly Disagree
Total
y
9
26
2
11
2
50
s
18%
52%
4%
22%
4%
100%
y
0.18
0.52
0.04
0.22
0.04
1.00
Out of 50 respondents, 18% are strongly agreed, 52% agree, 4% dont know, 22%
disagree, and 4% strongly disagree that Mens (EGO / esteem) self respect is the
main hurdle in the path of women entrepreneurships. The opinion of the respondents
shows mens negative role in women entrepreneurships collectively 70% people
agree that men are main hurdle because men restrict women to perform economic
activities as they perceive women only as dependent member of the family.
In above result the ratios of disagree is also not ignorable out of 100%, 22%
disagree and 4 strongly disagree so collectively 26% respondents believes that
mens self respect is not main hurdle for women to be successful entrepreneurs.
These results show that men are not only the hurdle there are other factors/forces
too and all mans are not hurdle might be possible few who are not aware about the
importance of women entrepreneurship.
Some people perceive that most of the women start new business to keep
themselves busy; some suggest that they have excess resources to utilize or invest
in businesses; some believes that women want to expose their abilities in shape of
successful entrepreneur. Most of women want to be independent and earn for
themselves only. Many people believe that the most common reason for women to
become entrepreneur is to support their families. Because now days expenses are
increasing very rapidly so women comes forward to support and share expenses.
The following question is design to collect the opinion of respondents regarding
women objectives to become entrepreneur.
Q.3: Women entrepreneurship is the result of
Career development
Status
Economic independence
To support family
The result of this question is summarized as follow
Objectives Of Women Entrepreneurship
Responses
Frequenc
Percentage
Probabilit
Career Development
Status
Economic Independence
To Support Family
Total
y
12
5
13
20
50
s
24%
10%
26%
40%
100%
y
0.24
0.10
0.26
0.40
1.00
businesses to achieve and maintain status in the society, 26% believes that women
want to be economically independent they earn for themselves and 40% believe that
women come forward as an entrepreneur to support their families.
40% respondents believe that the main reason of women to become entrepreneur is
to support their families; this opinion of the respondent gets highest percentage
among all other option. The major reason of this opinion can be increasing inflation
not only in India in all over the world. 26% respondents shows economic
independents as the major reason for women to become entrepreneur because most
of women want to be independent and they dont want to relay on other in any
sense. 24% women start business for their career development. After completing
education women want to utilize their skills, abilities and expertise to prove them as
successful entrepreneur. Only 10% respondents believe that women want to achieve
and maintain status these sort of women either have sufficient resources to keep
them busy along with status or want fame.
Frequenc
Percentage
Probabilit
Strongly Agree
Agree
Dont Know
Disagree
Strongly Disagree
Total
y
34
16
0
0
0
50
s
68%
32%
0%
0%
0%
100%
y
0.68
0.32
0.00
0.00
0.00
1.00
Out of 50 respondents; 68% strongly agree, 32% agree, 0% dont know, 0% disagree
and 0% strongly disagree. These result show that there is highly need of
governmental support. Collectively 100% respondents agree that there should be
supportive action from government side. 0% disagree show all the respondents
agree. 0% respondents dont its mean there is no respondent who dont know about
the necessity of governmental support.
The governmental support can be in any shape like by providing financial support /
small loans on easy terms and conditions, increasing literacy rate so women learn
and exercise their skill and abilities and arranging different workshops and training
programs for the awareness of women about businesses.
Frequenc
Percentage
Probabilit
Strongly Agree
Agree
Dont Know
Disagree
Strongly Disagree
Total
y
5
24
7
14
0
50
s
10%
48%
14%
28%
0%
100%
y
0.10
0.48
0.14
0.28
0.00
1.00
out of 50 respondents; 10% respondents strongly agree, 48% agree, 14 dont know,
28% disagree and 0% strongly disagree that women entrepreneurship become a
cause of family disturbances, as women spend more time in business.
Collectively 58% respondents agree that women entrepreneurship is cause of family
disturbance because mostly people perceive that women is responsible for the care
of their children, husband and others so definitely when women busy in their own
businesses there is possibility that they would not perform all families duties. 28%
respondents disagree that women
disturbances because business women are not bound like employees they are the
owner and they can made schedule according to their convenience.
The responsibilities of women toward their families are higher than men. Because
men only responsible to fulfill economic need but women requires spending proper
time with their families, cares and fulfill all the needs of children, husbands and
others. The following question is design to collect the opinion of respondents
regarding women abilities of work life balance or you can say women can maintain
balance between their work and life.
Q.6: Can women maintain a balance between personal and professional life?
Yes
No
Don't know
The result of this question is summarized as follow
Can Women Maintain Balance Between Professional And Personal Life
Responses
Frequenc
Percentage
Probabilit
Yes
No
Dont Know
Total
y
39
10
1
50
s
78%
20%
2%
100%
y
0.78
0.20
0.02
1.00
Out of 50; respondents 78% respondents agrees and 20% disagree and 2% dont
know that women have potential to maintain balance between professional and
personal life. The ratio of agree respondents are higher so its shows that women can
manage their families, business and also develop herself.
type of system is rigid and deep-rooted as it draws legitimacy from the perpetuation
of a traditional mind-set, established rituals and a firm belief system.
India is an Hindu country and in the history of Islam many successful women
entrepreneur were found. Islam always promotes women in all fields but the culture
of India does not follow Islam fully. The norms, values of Indiai culture is same as
many countries in Asia these norms, values, and rules of culture restrict women to
perform any economic activity. But these thoughts change with the passage of time.
The following question is design to collect the opinion of respondents regarding
influence of society and culture on women entrepreneurship.
Q.7: Would our society/ business community ever accept women as successful
entrepreneurs?
Strongly Agree
Agree
Dont know
Disagree
Strongly Disagree
Frequenc
Percentage
Probabilit
Strongly Agree
Agree
Dont Know
Disagree
Strongly Disagree
Total
y
4
21
12
10
3
50
s
8%
42%
24%
20%
6%
100%
y
0.08
0.42
0.24
0.20
0.06
1.00
Frequenc
Percentage
Probabilit
Strongly Agree
Agree
Dont Know
Disagree
Strongly Disagree
Total
y
22
19
0
8
1
50
s
44%
38%
0%
16%
2%
100%
y
0.44
0.38
0.00
0.16
0.02
1.00
Out of 50 respondents 44% respondents are strongly agree, 38% agree, 0%dont
know, 16% disagree and 2% strongly disagree that women support their families
financially like men.
Collectively 88% respondents agree that women have potential to support their
families financially like men. Business earning is mostly higher than earning from
employment so definitely business women can fulfill the need of their families like
men. On the other hand 18% respondents disagree that women can support their
families like men the reason can be that men earn from different sources and
especially in our society only few business fields is open for women so definitely men
haves more business opportunities.
4.9
IMPORTANCE
OF
PROFESSIONAL
EDUCATION
IN
THE
Q.9: Do you think that professional education is necessary for women entrepreneur
to have better results in respective field?
Strongly Agree
Agree
Dont know
Disagree
Strongly Disagree
The result of this question is summarized as follow
Necessity Of Professional Education For Women Entrepreneur
Responses
Frequenc
Percentage
Probabilit
Strongly Agree
Agree
Dont Know
Disagree
Strongly Disagree
Total
y
36
14
0
0
0
50
s
72%
28%
0%
0%
0%
100%
y
0.72
0.28
0.00
0.00
0.00
1.00
Out of 50 respondents 72% respondents are strongly agree, 28% agree, 0%dont
know, 0% disagree and 0% strongly disagree that professional education is
necessary for women entrepreneur to have better results in respective field.
Collectively 100% respondents agree that professional education is necessary for
women entrepreneur. It shows that women must have to start those businesses in
which they have expertise and these expertises are the result of professional
education. On the other hand 0% respondents disagree, and 0% dont know that
professional education is necessary for women entrepreneur to have better result in
respective field, this show that all the respondents are agree and aware about the
importance of professional education of better result.
Q.10: Would you suggest that extensive vocational / technical training for women
entrepreneur extended by the Government.
Yes
No
Don't know
The result of this question is summarized as follow
Necessity of Training Program for Women Entrepreneur Extended By
Government
Responses
Frequenc
Percentage
Probabilit
Yes
No
Dont Know
Total
y
46
1
3
50
s
92%
2%
6%
100%
y
0.92
0.02
0.06
1.00
other Asian countries women faces difficulties from external environment among
these difficulties legal issues and problem are discuss in this research. The following
question is design to collect the opinion of respondents regarding women abilities to
handle legal problems.
Q.11: Do you think that women can handle all the legal business procedure (court
procedures)?
Yes
No
Don't know
The result of this question is summarized as follow
Frequenc
Percentage
Probabilit
Yes
No
Dont Know
Total
y
29
18
3
50
s
58%
36%
6%
100%
y
0.58
0.36
0.06
1.00
Out of 50 respondents; 58% respondents agree, 36% disagree and 6% dont know
that women can handle all the legal business procedure (court procedures).
58% respondents agree that women can handle all legal problems because when
women entrepreneur come in market in front of men so definitely they have potential
to tackle all these issues. While on other hand 36% respondents believes that
women are unable to handle legal issues like men. The reason can be that women
avoid court procedures and most of the time takes help from their family gents
member.
Frequenc
Percentage
Probabilit
Yes
No
Dont Know
Total
y
44
2
4
50
s
88%
4%
8%
100%
y
0.88
0.04
0.08
1.00
Financing activities
______
Marketing activities
______
Management activities
______
______
Excellent
Good
Fair
Poor
Total
s
Financing
F
14
%
28
P
0.28
F
24
%
48
Pr
0.48
F
10
%
20
Pr
0.2
F
2
%
4
Pr
0.04
F
50
%
100
Pr
1
Activities
Marketing
11
22
0.22
21
42
0.42
14
28
0.28
0.08
50
100
Activities
Managem
21
42
0.42
18
36
0.36
10
20
0.2
0.02
50
100
19
38
0.38
20
40
0.4
12
0.12
10
0.1
50
100
ent
Activities
HRM
Activities
(Source: own research study)
In HRM activities respondents rate women performance 38% excellent, 40% good,
12% fair and 10% poor. This result shows that women are good in HRM activities
mean they are able to manage their work force and efficiently utilize their skills to run
business successfully. The rate of poor is highest in HRM activities among all
activities.
Fr
4
6
2
8
1
5
1
1
23
7
3
2
1
4
1
1
1
2
23 respondents agree that women can do all kind of businesses. 8 suggest beauty
salon, 7 suggested fashion related, 6 suggest those business which are near to their
homes or city and other suggested business are show in above graph.
Most of the respondents about 23 believes that women can do all kind of businesses
which show that majority to respondent believes on women capabilities as
entrepreneurs.
bind a woman and create hurdles in her path of progress. This is very much the story
of the majority of women in our country, even though promises are being made by
the rulers to improve the condition of women in general. The following question is
designed to ask respondents about the hurdles in the path of women entrepreneurs.
This was an open ended question.
Q.15: From your point of view what are the main hurdles in the way of women to be
successful entrepreneurs?
Frequenc
y
10
26
5
2
15
6
2
2
1
1
2
The respondents were allowed to write more than one hurdle, 10 respondents
believe that men ego/esteem is the main hurdle in path of successful entrepreneurs,
26 respondents blame society as main hurdle, 5 respondents mention lack of finance
as main hurdle, 2 respondents believes that time is main hurdle because families
requires more time from women than men, 15 respondents criticize lack of family
support as main hurdle, 6 respondents believes that lack of knowledge and business
awareness are the main hurdle and other respondents opinion are show in above
graph.
Society as main hurdle is pointed out by most of respondents so we can say that our
society norms, values and lack of finance are main hurdles in the path of women
entrepreneurs.
Frequenc
y
Awareness of men
Institutes provides loans on easy terms and conditions (SMEDA)
Government provides fund, tax relief and arrange training program
7
2
11
14
7
3
3
2
4
1
The respondents were allowed to write more than one suggestion. The suggestion of
respondents is show in above graph. Most of the respondents suggest that improve
education system and increase literacy rate can be the best possible suggestion for
all the hurdles in the path of women entrepreneurs. Because when people (men and
society) are literate they understand the importance of women entrepreneurship and
might be possible that society and men thought change with awareness of
importance of women entrepreneurship.
Governmental support in any shape like by providing training, funds, tax relief and
other would also be the best possible suggestion to remove all these hurdles.
Chapter
FINDING AND RECOMMENDATION
This
shows
positive
behavior
of
people
toward
women
entrepreneurship. More than 70% people agree that men are main hurdle because
men restrict women to perform economic activities as they perceive women only as
dependent member of the family. Career development and family support are main
objectives of women.
100% respondents agree that there should be supportive action from government
side. This supportive action can be in the form of training programs, fund on easy
terms and conditions and other relief. More than 50% respondents agree that women
entrepreneurship is cause of family disturbance because mostly people perceive that
women is responsible for the care of their children, husband and others so definitely
when women busy in their own businesses there is possibility that they would not
perform all families duties.
More than 80% respondents agree that women have potential to support their
families financially like men. 100% respondents agree that professional education is
necessary for women entrepreneur. This shows the highest necessity of education
for women. Women are excellent in management activities while good in other
activities. Most of people suggest that women can perform all kind of business.
Society is main hurdle for women entrepreneurship. Increase literacy rate and
improve education system is best possible solution.
5.2 Conclusion
The basic purpose of this study is to find out the opportunities, hurdles thats comes
in path of women entrepreneurs and suggestion for the removal of these hurdles.
After conducting this research many misconception clears because the opinion of
people change now. The opinion is collected from a sample of people. Both male
female are requested to represents their opinions. More than 80% respondents
accept women as entrepreneurs appreciate abilities of women and suggest that
women can perform all kind of business. These opinions introduce a new concept of
women. Society, men (ego/esteem) and low level of literacy found as most probable
hurdles in path of women entrepreneurs.
5.3 Recommendations
After conducting this research different hurdles were found. These hurdles can be
broadly classified as restriction and resources. Here restriction means that men
(ego/esteem), society thoughts and family responsibilities restrict women form
performance of any economic activities. The best solution found for all these
restrictions related hurdles are improved education system and increase literacy rate
because when people become literate so they can understand the importance of
women entrepreneurships. The second hurdle category is resources. Because of
lack of financial resources, personal expertise as human resources and awareness
of business most of women face failure in their business. The best solution found to
remove this hurdle is introduction of training program by the government for the
development of women entrepreneurship. Government and other institution should
provide small and medium loan on easy terms and conditions so that women can
start and run businesses.
QUESTIONNAIRE
Q.1: Do women have the potential of being a successful entrepreneur?
Strongly Agree
Agree
Dont know
Disagree
Strongly Disagree
Q.2: Mens (EGO / esteem) self respect is the main hurdle in the path of women
entrepreneurship? (Men don't want women to be independent)
Strongly Agree
Agree
Dont know
Disagree
Strongly Disagree
Q.3: Women entrepreneurship is the result of
Career development
Status
Economic independence
To support family
Q.4: Women entrepreneurship should be supported by the Government as an important
part in an economic growth?
Strongly Agree
Agree
Dont know
Disagree
Strongly Disagree
Q.5: Can women entrepreneurship become a cause of family disturbances, as women
spend more time in business?
Strongly Agree
Agree
Dont know
Disagree
Strongly Disagree
Q.6: Can women maintain a balance between personal and professional life?
Yes
No
Don't know
Q.7: Would our society/ business community ever accept women as successful
entrepreneurs?
Strongly Agree
Agree
Dont know
Disagree
Strongly Disagree
Q.8: Can women support their families financially like men?
Strongly Agree
Agree
Dont know
Disagree
Strongly Disagree
Q.9: Do you think that professional education is necessary for women entrepreneur to
have better results in respective field?
Strongly Agree
Agree
Dont know
Disagree
Strongly Disagree
Q.10: Would you suggest that extensive vocational / technical training for women
entrepreneur extended by the Government.
Yes
No
Don't know
Q.11: Do you think that women can handle all the legal business procedure (court
procedures)?
Yes
No
Don't know
Q.12: Is it necessary to give legal relief to women entrepreneur during their legal
business requirement and problems.
Yes
No
Don't know
Q.13: Rate women performance in following business activities (Excellent, Good, fair
and Poor)
Financing activities
______
Marketing activities
______
Management activities
______
Human resources management
______
Q.14: What kind of businesses would you suggest that women can easily operate or do
you think that they have the capabilities of to carry out all kinds of businesses?
___________________________________________________________________________
_____________________________________________________________________
Q.15: From your point of view what are the main hurdles in the way of women to be
successful entrepreneurs?
________________________________________________________________________
________________________________________________________________________
Q.16: What remedies would you suggest regarding the removal of these hurdles?
________________________________________________________________________
________________________________________________________________________
Name
(optional)
Gender
Age
Marital status
Qualification
Occupation
Designation
Institute
Date
Male
Female
Single
Married
(optional)
(if employed)