The Changing Landscape of Women Entrepreneurship: Exploring Key Success Factors
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Published
Feb 17, 2024
S. V. Akilandeeswari
Vinita Shrivastava
Akram Pasha
Varsha Agarwal
Puspalata Mahapatra
Sanghamitra Behera
Abstract
Women entrepreneurship (WE) in India is gaining increasing attention and significance as a driver of
economic growth and social empowerment. This study provides a thorough examination of the multifaceted
factors that shape the landscape of women entrepreneurship in the Indian context.This study delves into the
multifaceted variables that influence WE with a focus on "financial capital (FC), social capital (SC), and
human capital (HC)." It emphasizes the foremost importance of these variables in determining the
entrepreneurial path of women and investigates the intricate relationships between them. To conduct this
research, a sample of 125 women entrepreneurs operating their enterprises in Karnataka State was taken. The
study treated FC, SC & HC as independent variables and WE success as the dependent variable. The findings
revealed that FC had the most substantial impact, followed by HC , and finally, social capital, on the success
of WE. By gaining insights from this study of these critical factors, the various stakeholders as policymakers,
managers, researchers, as well wannabe WE can gather valuable insights to cultivate a supportive ecosystem
for women's entrepreneurship, ultimately fostering economic growth and development.
How to Cite
S. V. Akilandeeswari, Vinita Shrivastava, Akram Pasha, Varsha Agarwal, Puspalata Mahapatra, & Sanghamitra Behera. (2024). The Changing Landscape of Women Entrepreneurship: Exploring Key Success Factors. SPAST Reports, 1(1). Retrieved from https://spast.org/ojspath/article/view/4786
Article Details
Keywords
Determinants, Women Entrepreneurs, India
References
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Small Business (ICSB), Washington, DC, pp. 1–20
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914–922
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Management, the Mattingley Publishing Co., Inc., 83.
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Namita Rajput, Gourab Das, Kumar Shivam, Chinmaya
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2023, 3686-3690, ISSN 2214-7853,
https://doi.org/10.1016/j.matpr.2021.07.362.
G. Gokulkumari, M. Ravichand, P. Nagpal and R. Vij,
"Analyze the political preference of a common man by
using data mining and machine learning," 2023
International Conference on Computer Communication
and Informatics (ICCCI), Coimbatore, India, 23-25
January 2023, pp. 1-5, doi:
10.1109/ICCCI56745.2023.10128472. (Scopus
Indexed)
P. William, A. Shrivastava, H. Chauhan, P. Nagpal.
"Framework for Intelligent Smart City Deployment via
Artificial Intelligence Software Networking," 2022 3rd
International Conference on Intelligent Engineering
and Management (ICIEM), 27- 29 August 2022, pp.
455-460, doi: 10.1109/ICIEM54221.2022.9853119.
Schumpeter, J. A. (2020) in Comments on a plan for the
study of Entrepreneurship. ed. J. A. Schumpeter
(Princeton, NJ: Princeton University Press), 406–428.
BK Kumari, VM Sundari, C Praseeda, P Nagpal, J EP, S
Awasthi (2023), Analytics-Based Performance
Influential Factors Prediction for Sustainable Growth of
Organization, Employee Psychological Engagement,
Work Satisfaction, Training and Development. Journal
for ReAttach Therapy and Developmental Diversities 6
(8s), 76-82.
influence women entrepreneurial success in Malaysia:
A conceptual framework. International Journal of
Research in Business Studies and Management, 1(4),
16–23.
Aliyu, R. M., Ahmad, T. S. B. T., Nordin, N. B., &
Abdullahi, I. M. (2019). Innovation as a Mediator on
the Assessment of Market Orientation, Training, Social
Network, Access to Finance and Women Business
Performance in North-Western Nigeria: A Proposed
framework. International Journal of Academic
Research in Business and Social Sciences, 9(1): 367–
378
Afza, T., & Amir Rashid, M. (2009). Marginalized women
social well-being through enterprise development: A
glimpse of remote women status in Pakistan. Journal of
Chinese Entrepreneurship, 1(3), 248–267.
Elenurm, T. &, Vaino, E. (2011). Interpretations of
entrepreneurial success factors by female entrepreneurs
and executives in a catchup economy. ICSB World
Conference Proceedings, International Council for
Small Business (ICSB), Washington, DC, pp. 1–20
Pandian, K., & Jesurajan, V. (2011). An empirical
investigation on the factors determining the success and
problems faced by women entrepreneurs in
Tiruchirapalli district – Tamilnadu. Interdisciplinary
Journal of Contemporary Research in Business, 3(3),
914–922
Mazidah M., Rashidah., Nor Hafizah S., Salmi Md. I., Intan
O. & Saridan A.B. (2016). A Study of Women
Entrepreneurs in Malaysia: Livelihood Strategies and
Challenges, 3rd KANITA Postgraduate International
Conference on Gender Studies, Centre for Research on
Women and Gender, Graduate School of Business,
Unversity Sains Malaysia, 16 – 17 November 2016, 380
– 388.
Decal, F. (2010), Challenges Faced By Women
Entrepreneurs, Journal of International Business, 5(1):
15-16.
World Bank Group. (2020). Women, Business and the Law
2020. Retrieved from
https://openknowledge.worldbank.org/handle/10986/3
2617
Marlow, S., & McAdam, M. (2012). Gender and
entrepreneurship: Advancing debate and challenging
myths; exploring the mystery of the under-performing
female entrepreneur. International Journal of
Entrepreneurial Behavior & Research, 18(6), 653-670.
S. H. Abbas, S. Sanyal, P. Nagpal, J. Panduro-Ramirez, R.
Singh and S. Pundir. (2023). "An Investigation on a
Blockchain Technology in Smart Certification Model
for Higher Education," 10th International Conference
on Computing for Sustainable Global Development
(INDIACom), New Delhi, India from 15-17 March
2023, pp. 1277-1281.
Aldrich, H., & Martinez, M. A. (2017). Social capital and
women’s entrepreneurship: A differentiating solution.
Journal of Business Venturing Insights, 8, 1-5.
R. Bhattacharya, Kafila, S. H. Krishna, B. Haralayya, P.
Nagpal and Chitsimran, "Modified Grey Wolf
Optimizer with Sparse Autoencoder for Financial Crisis
Prediction in Small Marginal Firms," 2023 Second
International Conference on Electronics and Renewable
Systems (ICEARS), Tuticorin, India, from 2-4 March
2023, pp. 907-913, doi:
10.1109/ICEARS56392.2023.10085618.
Brixiová, Z., Kangoye, T., & Yogo, U. (2020). Social
capital and female entrepreneurship in Sub-Saharan
Africa. Journal of African Economies, 29(3), 255-283.
Anurag Shrivastava, S. J. Suji Prasad, Ajay Reddy Yeruva,
P. Mani, Pooja Nagpal & Abhay Chaturvedi (2023):
IoT Based RFID Attendance Monitoring System of
Students using Arduino ESP8266 & Adafruit.io on Defined Area, Cybernetics and Systems, DOI:
10.1080/01969722.2023.2166243
F. A. Syed, N. Bargavi, A. Sharma, A. Mishra, P. Nagpal
and A. Srivastava, "Recent Management Trends
Involved With the Internet of Things in Indian
Automotive Components Manufacturing Industries,"
2022 5th International Conference on Contemporary
Computing and Informatics (IC3I), Uttar Pradesh,
India, 14-16 December 2022, pp. 1035-1041, doi:
10.1109/IC3I56241.2022.10072565.
Honjo, Y. (2020). Human capital, social capital, and
women's entrepreneurial success in China. Small
Business Economics, 55(2), 437-459.
Pooja Nagpal., (2022). Organizational Commitment as an
Outcome of Employee Engagement: A Social
Exchange Perceptive using a SEM Model. International
Journal of Biology Pharmacy and Allied Science.
January, Special Issue, 2022, 11(1): 72-86.
https://doi.org/10.31032/IJBPAS/2022/11.1.1008.
Ardichvili, A., Cardozo, R., & Ray, S. (2021). Social capital
and women entrepreneurs in emerging economies: A
systematic review of the literature. International Journal
of Management Reviews, 23(1), 3-29.
Pooja Nagpal., Kiran Kumar., A.C. & Ravindra., H. V.
(2020). Does Training and Development Impacts –
Employee Engagement? Test Engineering and
Management, the Mattingley Publishing Co., Inc., 83.
19407 – 19411. ISSN: 0193-4120.
Namita Rajput, Gourab Das, Kumar Shivam, Chinmaya
Kumar, Pooja Nagpal. An inclusive systematic
investigation of human resource management practice
in harnessing human capital, Materials Today:
Proceedings, Volume 80, Part 3,
2023, 3686-3690, ISSN 2214-7853,
https://doi.org/10.1016/j.matpr.2021.07.362.
G. Gokulkumari, M. Ravichand, P. Nagpal and R. Vij,
"Analyze the political preference of a common man by
using data mining and machine learning," 2023
International Conference on Computer Communication
and Informatics (ICCCI), Coimbatore, India, 23-25
January 2023, pp. 1-5, doi:
10.1109/ICCCI56745.2023.10128472. (Scopus
Indexed)
P. William, A. Shrivastava, H. Chauhan, P. Nagpal.
"Framework for Intelligent Smart City Deployment via
Artificial Intelligence Software Networking," 2022 3rd
International Conference on Intelligent Engineering
and Management (ICIEM), 27- 29 August 2022, pp.
455-460, doi: 10.1109/ICIEM54221.2022.9853119.
Schumpeter, J. A. (2020) in Comments on a plan for the
study of Entrepreneurship. ed. J. A. Schumpeter
(Princeton, NJ: Princeton University Press), 406–428.
BK Kumari, VM Sundari, C Praseeda, P Nagpal, J EP, S
Awasthi (2023), Analytics-Based Performance
Influential Factors Prediction for Sustainable Growth of
Organization, Employee Psychological Engagement,
Work Satisfaction, Training and Development. Journal
for ReAttach Therapy and Developmental Diversities 6
(8s), 76-82.
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