Entrepreneurship: not an easy path to top management for women

Factors influencing women's entrepreneurial success: A multi-analytical approach

Women entrepreneurs are significant contributors to the economic development of any country and their role becomes more vital in improving the economic condition of developing countries. This highlights the important role of women-owned small and medium enterprises (SMEs) and their entrepreneurial success. Therefore, the current study extends the entrepreneurship literature by examining the effects of factors like personality traits (PT), motivation and commitment (MC), availability of financial resources (AFR), and government support (GS) on entrepreneurial success (ES) of women-owned SMEs. Using a purposive sampling technique data from 255 women-owned SMEs were collected. A multi-analytical approach was employed to analyze the data. The Structural equation modeling (SEM) results indicated that PT, MC, AFR, and GS have a direct effect of ES whereas MC also mediated the link between PT and ES, and the results reveal that in presence of MC the effects of PT on ES become more significant. SEM results revealed that PT and AFR are the most important factors related to entrepreneurial success. On the contrary, ANN analysis revealed that "motivation and commitment" is the most influencing factor. These findings can guide business practitioners and policymakers in the envisioned strategy formulation to encourage women entrepreneurs who can contribute to their country's sustainable economic growth.

Mea Culpa! The Role of Guilt in the Work-Life Interface and Satisfaction of Women Entrepreneur

The purpose of this study is to analyze the role of mediator of Guilt (in both directions: Family Interference with Work (FIW) and Work Interference with Family (WIF)) in the relationship between Conflict, Job and Life Satisfaction, also investigating the role of Enrichment as moderator. Using PROCESS Macro, the hypothesized models are tested on a sample of 161 women entrepreneurs. Both the mediating role of guilt and the moderating role of enrichment were analyzed through models of mediation and moderate mediation. Results from the analysis support the hypothesized models. Guilt FIW and Guilt WIF mediate the relationship between work Conflict and Job satisfaction, as well the relationship between Conflict and Life satisfaction, and at the same time, Enrichment moderated the mediating processes by which the Conflict affects Job and Life satisfaction via Guilt FIW and Guilt WIF. This study is one of the few that takes into consideration both Conflict and Enrichment in a sample of women entrepreneurs and examines Guilt, which many times presents itself as an "invisible" factor in studies on the work-family interface.

What does it take to be a woman entrepreneur? Explorations from India

Purpose

This paper aims to provide relevant knowledge about entrepreneurship and women’s leadership in the Indian context. More specifically, it unleashes the veiled challenges as well as success stories of select women entrepreneurs of a developing country to bridge the gap between entrepreneurship theory and practice. It aims to provide directions to the policymakers, educationists, society and families in creating a conducive environment that is essential for the success of women entrepreneurs.

Design/methodology/approach

With a qualitative case study approach, data were collected from Tamil Nadu, a southern Indian state which has a maximum number of women entrepreneurs. Face-to-face interviews were conducted to explore the supportive as well as challenging dimensions of their entrepreneurial journey.

Findings

Content analysis of the interview transcripts indicated that successful entrepreneurs are opportunity-driven and they focus on innovation, service, generation of wealth and employment. Support from family, especially from fathers or husbands, is as important as the entrepreneurial drive, skills and abilities of an entrepreneur. Success for them is being happy, thriving work, having a happy family, having a great work-life balance and the satisfaction to have served society apart from being independent (economically/ financially). Among India’s societal and cultural realities, women have to conquer many hurdles (both implicit and explicit) in their way concerning the societal attitudes toward women stepping out of the home boundaries and traditional gender role expectations. The silver line is societal attitudes are changing, especially in urban India. There are enough support and encouragement from the family, which helps these women pursue their passion and eventually become a successful leader.

Social implications

The success stories of women will bring a wave of positive developmental change in India by fostering respect for women in a male-dominated society and flashing the importance of women’s entrepreneurship.

Originality/value

This paper provides a new examination of women entrepreneurs that significantly further the debate about the underrepresentation of women in leadership roles, especially in entrepreneurship in an emerging economy context like India. Apart from the deterrents, it aims to highlight the enablers and motivations to choose this unconventional profession.

Factors Determining the Competitive Strategic Positions of the SMEs in Asian Developing Nations: Case Study of SMEs in the Agricultural Sector in Sri Lanka

Economic globalization has rapidly intensified the competition among businesses. Therefore, it is pivotal that SMEs follow competitive strategic positions and adopt strategic methods in order to confront the various challenges in this era. This study assessed the factors that determine the competitive strategic position of SMEs in the developing nations of Asia by considering the agro-based SMEs in Sri Lanka as a case study. By using primary data of 463 SMEs, the study estimated a binary logistic regression model to deal with the research subject. The findings revealed seven significant strategic variables: innovation in product and marketing, business exhibition in the local setting, gender, strategic market location, sustainable business practices, marketing efficiency, and business reputation and superior services. Moreover, the study identified and commented on seven insignificant variables: specialization in production, experience in the business field, experience in attending business exhibitions at overseas setting, credit market accessibility, provision of high-quality products, research and development, and strategic firm location, which are relevant in developed countries. Therefore, the government and policymakers must initiate measures to establish a more favorable business environment for SMEs to gain competitive advantage from these variables in the near future to permit an ameliorated and strong SME sector in Sri Lanka.

Motivations of the Female Entrepreneurs to Start Online Businesses in the United Arab Emirates

The global dissemination of internet technology and advances in it are facilitating female entrepreneurs to participate in online entrepreneurial activities by utilizing new business frameworks to achieve economies of scope and scale as they start to compete with the traditional entrepreneurs in the market. This research draws on two fields of scholarly research; “online businesses” and “female entrepreneurship” and, to the best of our knowledge, this is the first study that endeavors to provide an overview of female entrepreneurship in online businesses in the UAE. This study, which is based on a qualitative survey of 20 online businesses, owned and smanaged by females’ in the UAE, investigates why females start their online businesses. The obvious picture emerging from this study is that with control over the number of hours they put in their online businesses and do not face the type of work to family conflict encountered by the female who own and manage traditional businesses outside of their homes. More precisely, the results of this study give indicative and exciting comprehensions into the challenges and impediments of female entrepreneurs in this fast-growing sector of the UAE economy. Of critical interest to researchers and policy makers, we investigate the challenges and impediments to success and the ways that female entrepreneurs in the UAE are successfully starting and expanding their online businesses.