Assessing the Impediments to Female Entrepreneurship: A Research Perspective

Abstract

The aim of this research is to explore the difficulties that women entrepreneurs face when it comes to achieving success in their businesses. In this study, we propose a framework and examine the key factors—namely, "Social and family support," "Emotional intelligence," "Stereotyping," and "Knowledge"—that were major challenges faced by women entrepreneurs. The data were collected by distributing questionnaires with a Likert scale ranging from 1 to 5 to a sample of 150 women entrepreneurs. A convenient sampling technique had been for this purpose. Based on findings, it is strongly recommend that the government should create policies aimed at promoting women's entrepreneurship through effective and practical training programs. This study can be particularly beneficial for women entrepreneurs who wish to improve themselves. They can achieve this by investing in their own knowledge through participation in academic programs and industry-specific networking conferences. Furthermore, authorities responsible for entrepreneurial development can use the insights from this study to design and implement human resource development programs that empower women entrepreneurs to achieve greater success. For future researchers, we suggest expanding the sample size and focusing on specific types of small and medium-sized enterprises within specific sectors or industries. Additionally, utilizing a mixed-method approach for data collection can lead to more comprehensive and meaningful conclusions.