Women Entrepreneurship in Chennai, India – Factors Trigger and Prevent

International Journal of Management, Innovation & Entrepreneurial Research Vol 1 (1), April 2015 pg 29-43

15 Pages Posted: 1 Apr 2015

See all articles by Firdouse Rahman Khan

Firdouse Rahman Khan

Sohar University - Faculty of Business

Date Written: March 25, 2015

Abstract

Last four decades of the twentieth Century has seen faster growth in the women entrepreneurship underpinning the profound success of the globalized Indian economy. The women entrepreneurs encounter numerous challenges in various areas of production, marketing, finance and other business operations. The objective of this research study is to analyze the various factors affecting the women entrepreneurship development in the Small and Medium Enterprises (SMEs) of the industrial estates of Chennai. The study is focused on 107 women entrepreneurs of the SMEs who were selected on the basis of random sampling and were contacted through a well-defined questionnaire. The primary data collected was compiled and thoroughly analyzed to arrive at conclusions. A critical analysis was carried out using null hypothesis, chi-square tests and ranking tests.

The study reveals that the factors like education, previous experience and employment, and religion play a crucial role in motivating most of today’s women run SMEs. Further, this paper critically analyzes the discouraging factors impeding the women entrepreneurial development in the SMEs across the industrial estates of Chennai, state capital of Tamil Nadu (India).

Our empirical results reveal that the financial impediments discourage the behavior of the women entrepreneurs to the highest degree and preventing their operations causing enormous anguish as governmental financial programs (good on paper) are seldom executed on the ground. Hence, Government ought to help the women entrepreneurs through financial assistance especially during the moratorium period of the units, facilitating the acceleration process.

Government assistance and adequate financial support as detailed in the Effective Forces Model could only repulse the frictional forces acting against the women entrepreneurs and lead them towards successful entrepreneurship. This research study gives further scope to the researchers to get to the bottom of the ice berg to find out the other factors which could promote women entrepreneurship.

Keywords: Small and Medium Enterprises; Women entrepreneurship; motivating factors; discouraging factors; factors related to women entrepreneurial development

Suggested Citation

Khan, Firdouse, Women Entrepreneurship in Chennai, India – Factors Trigger and Prevent (March 25, 2015). International Journal of Management, Innovation & Entrepreneurial Research Vol 1 (1), April 2015 pg 29-43, Available at SSRN: https://ssrn.com/abstract=2587083

Firdouse Khan (Contact Author)

Sohar University - Faculty of Business ( email )

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