Some entrepreneurs came into limelight recently with their big success stories. The small number of these big success stories in entrepreneurship gives a feeling that entrepreneurship is new in India. There could be nothing further than the truth.
Challenges Faced By Women Entrepreneurs In IndiaLatha setna
In the current business world, women entrepreneurs are playing a vital role and they have become important part of the economic development and social progress. Development Compared to other countries the development of women entrepreneurship is very low in India. The educated women have to go a long way to achieve equal rights and position because traditions are deep rooted in Indian society where the sociological set up has been a male dominated one. Despite all the social hurdles, Indian women entrepreneurs stand tall from the rest of the crowd and are applauded for their achievements in their respective field. This paper focuses on women entrepreneurs, reasons women become entrepreneurs, the challenges faced by women entrepreneurs and suggestions for the growth of women entrepreneurs.
Bangladesh has enormous young women and productive workforce that will get an opportunity to involve in Small
and Medium Enterprises (SMEs) sector. This paper aims to investigate the factors that affect women involvement as
entrepreneur in SMEs sector, economic development and its impact on poverty reduction in Bangladesh. The study
adopts the quantitative analysis of possible factors that may affect women involvement as entrepreneur in SMEs
sector, economic development and its impact on poverty reduction. By using Convenient Sampling Technique, the
data has been collected from 300 respondents. Data are analyzed using frequency, mean, standard deviation and
regression analysis. From the outcomes of descriptive statistics analysis, the study is found that business experience,
business plan, practical knowledge, security, interest & hobby, others business house profits, adequate capital,
business registration procedures, qualified leaders & trainers, and bank & financial institutions support are affected
women involvement as entrepreneur in SMEs sector. From the results of regression analysis, this research is found
that economical, psychological, knowledge & skills, family, and legal & administrative as the essential factors,
which significantly affect women involvement as entrepreneur in SMEs sector in Bangladesh. The research is
revealed that women entrepreneur, long-term business success and employment creation as the vital factors, which
notably affect economic development. The study is also revealed that economic development as the critical factor,
which considerably affects poverty reduction. This examination may contribute to these women entrepreneur issues.
The results of this investigation can be applied by government and non-government organization, public institutions,
rural development academy, policymakers and even researchers to inspire women involvement as entrepreneur in
SMEs sector. The researchers strongly expect that this investigation creates value to the literature because it uses a
conceptual framework to give explanation the factors that affect women involvement as entrepreneur in SMEs
sector, economic development and its impact on poverty reduction in Bangladesh.
Women constitute around half of the total world population. So is in India also. They are therefore regarded as the better half of the society. In traditional societies, they were confined to the four walls of houses performing household activities.
Challenges Faced By Women Entrepreneurs In IndiaLatha setna
In the current business world, women entrepreneurs are playing a vital role and they have become important part of the economic development and social progress. Development Compared to other countries the development of women entrepreneurship is very low in India. The educated women have to go a long way to achieve equal rights and position because traditions are deep rooted in Indian society where the sociological set up has been a male dominated one. Despite all the social hurdles, Indian women entrepreneurs stand tall from the rest of the crowd and are applauded for their achievements in their respective field. This paper focuses on women entrepreneurs, reasons women become entrepreneurs, the challenges faced by women entrepreneurs and suggestions for the growth of women entrepreneurs.
Bangladesh has enormous young women and productive workforce that will get an opportunity to involve in Small
and Medium Enterprises (SMEs) sector. This paper aims to investigate the factors that affect women involvement as
entrepreneur in SMEs sector, economic development and its impact on poverty reduction in Bangladesh. The study
adopts the quantitative analysis of possible factors that may affect women involvement as entrepreneur in SMEs
sector, economic development and its impact on poverty reduction. By using Convenient Sampling Technique, the
data has been collected from 300 respondents. Data are analyzed using frequency, mean, standard deviation and
regression analysis. From the outcomes of descriptive statistics analysis, the study is found that business experience,
business plan, practical knowledge, security, interest & hobby, others business house profits, adequate capital,
business registration procedures, qualified leaders & trainers, and bank & financial institutions support are affected
women involvement as entrepreneur in SMEs sector. From the results of regression analysis, this research is found
that economical, psychological, knowledge & skills, family, and legal & administrative as the essential factors,
which significantly affect women involvement as entrepreneur in SMEs sector in Bangladesh. The research is
revealed that women entrepreneur, long-term business success and employment creation as the vital factors, which
notably affect economic development. The study is also revealed that economic development as the critical factor,
which considerably affects poverty reduction. This examination may contribute to these women entrepreneur issues.
The results of this investigation can be applied by government and non-government organization, public institutions,
rural development academy, policymakers and even researchers to inspire women involvement as entrepreneur in
SMEs sector. The researchers strongly expect that this investigation creates value to the literature because it uses a
conceptual framework to give explanation the factors that affect women involvement as entrepreneur in SMEs
sector, economic development and its impact on poverty reduction in Bangladesh.
Women constitute around half of the total world population. So is in India also. They are therefore regarded as the better half of the society. In traditional societies, they were confined to the four walls of houses performing household activities.
How Government Schemes Support Women Entrepreneurs in India?She At Work
Many ladies get success through women entrepreneur legal schemes in India and other campaigns designed by the government to support women entrepreneurship.
Opportunities and Challenges for Women Entrepreneurs in E-commerceNeeti Naag
This presentation deals with the opportunities and challenges faced by women entrepreneurs with special reference to e-commerce. The research paper is available on Indian Journal of Entrepreneurship, fourth edition.
Hurdles faced by women entrepreneurs and its solutionseTailing India
The Startup world is adding a new level-playing field and encouraging all to take the plunge. Unleashing the power of female entrepreneurship will have a dramatic effect on a country’s economy. Hence to bring forth a vision which lies ahead for many more contributions going to happen, we are proud to bring an entire week dedicated to the learning of Women Entrepreneurship. Named as “Women's Week Series”, it will be extremely useful for all the Women Entrepreneurs, Startup & Technology players and aspiring Women Business Women. Today is our 1st part of the Series where we highlight the main plights faced by Women while embracing Entrepreneurship
The role of women entrepreneurship in economic growth and problems and prospectsRANI REENA
women empowerment, women entrepreneurship, economic growth of India, problems facing by women entrepreneurs, government schemes for women entrepreneurs,The women consist of around 49.6% (Source: UN, World Population Prospects: The 2017 Revision. New York: United Nations) of global population. Women Entrepreneurship plays a very important role in the development of any nation. The Women entrepreneurship leads to the creation of capital as well led to the generation of many social benefits. However, entrepreneurship is not so popular and common in the developing nations like India. Women entrepreneurs create new jobs for themselves and others and by being different also provide society with different solutions to management, organization and business problems as well as to the exploitation of entrepreneurial opportunities Therefore, sometime will be spent on what needs to be done in order to attain improved and more reliable estimates on the impact of entrepreneurship and in particular women’s entrepreneurship, on economic development. However, they still represent a minority of all entrepreneurs. Through this study, we have tried to throw some lights on problems and opportunities for women in the area of entrepreneurship. One of the important dimensions of inclusive growth is women’s direct participation in nation’s progress.
Women today are forming the indispensable part of the society, we are talking about women empowerment, we are talking about breaking the glass ceiling, yet there are many issues that need to be addressed. Learn the insights about women entrepreneurs with a key focus in Indian ecosystem.
This Presentation will let you know about the Women Entrepreneurship in India over the last decade. This presentation will also let you know about the Factors, Causes, etc. regarding Women Entrepreneurship in India
Introduction, features of women entrepreneurship, why women become entrepreneurs, qualities, tips for women entrepreneurs, facilitating factors, opportunities, challenges, problems, remedial measures, steps taken by government, training programs, supporting agencies and about some famous women entrepreneurs
Igniting Young Minds – for Entrepreneurship - Opportunities/Scope of Entrepr...Resurgent India
The scope of Entrepreneurship development in India is tremendous. The rising unemployment rate in India has resulted in growing frustration among youth. In addition there is always problem of underemployment.
How Government Schemes Support Women Entrepreneurs in India?She At Work
Many ladies get success through women entrepreneur legal schemes in India and other campaigns designed by the government to support women entrepreneurship.
Opportunities and Challenges for Women Entrepreneurs in E-commerceNeeti Naag
This presentation deals with the opportunities and challenges faced by women entrepreneurs with special reference to e-commerce. The research paper is available on Indian Journal of Entrepreneurship, fourth edition.
Hurdles faced by women entrepreneurs and its solutionseTailing India
The Startup world is adding a new level-playing field and encouraging all to take the plunge. Unleashing the power of female entrepreneurship will have a dramatic effect on a country’s economy. Hence to bring forth a vision which lies ahead for many more contributions going to happen, we are proud to bring an entire week dedicated to the learning of Women Entrepreneurship. Named as “Women's Week Series”, it will be extremely useful for all the Women Entrepreneurs, Startup & Technology players and aspiring Women Business Women. Today is our 1st part of the Series where we highlight the main plights faced by Women while embracing Entrepreneurship
The role of women entrepreneurship in economic growth and problems and prospectsRANI REENA
women empowerment, women entrepreneurship, economic growth of India, problems facing by women entrepreneurs, government schemes for women entrepreneurs,The women consist of around 49.6% (Source: UN, World Population Prospects: The 2017 Revision. New York: United Nations) of global population. Women Entrepreneurship plays a very important role in the development of any nation. The Women entrepreneurship leads to the creation of capital as well led to the generation of many social benefits. However, entrepreneurship is not so popular and common in the developing nations like India. Women entrepreneurs create new jobs for themselves and others and by being different also provide society with different solutions to management, organization and business problems as well as to the exploitation of entrepreneurial opportunities Therefore, sometime will be spent on what needs to be done in order to attain improved and more reliable estimates on the impact of entrepreneurship and in particular women’s entrepreneurship, on economic development. However, they still represent a minority of all entrepreneurs. Through this study, we have tried to throw some lights on problems and opportunities for women in the area of entrepreneurship. One of the important dimensions of inclusive growth is women’s direct participation in nation’s progress.
Women today are forming the indispensable part of the society, we are talking about women empowerment, we are talking about breaking the glass ceiling, yet there are many issues that need to be addressed. Learn the insights about women entrepreneurs with a key focus in Indian ecosystem.
This Presentation will let you know about the Women Entrepreneurship in India over the last decade. This presentation will also let you know about the Factors, Causes, etc. regarding Women Entrepreneurship in India
Introduction, features of women entrepreneurship, why women become entrepreneurs, qualities, tips for women entrepreneurs, facilitating factors, opportunities, challenges, problems, remedial measures, steps taken by government, training programs, supporting agencies and about some famous women entrepreneurs
Igniting Young Minds – for Entrepreneurship - Opportunities/Scope of Entrepr...Resurgent India
The scope of Entrepreneurship development in India is tremendous. The rising unemployment rate in India has resulted in growing frustration among youth. In addition there is always problem of underemployment.
Igniting Young Minds – for Entrepreneurship - Entrepreneurship - Overview - P...Resurgent India
Entrepreneurship is not only an important driver of economic growth, productivity, innovation and employment. . It is also a key player in the “cycle of life” of businesses, giving rise to new firms to take the place of those whose influence and relevance are waning.
Prospects and Threats of Women Entrepreneur in SME Sectors in Urban Area Bang...IOSRJBM
The aim of this paper is to explore the challenges faced by the women entrepreneur in Sylhet city as well as also exploring their prospects. Women also play a vital role for the growth of the economy especially in small and medium sector. The SME sector has higher growth rate than the industrial sector. It contributes big role for developing entrepreneurship and labor absorption. It also plays a vital role in economy and social development. it's contribute significantly for entrepreneurship development, employment generation and utilize the potentiality. Women in Bangladesh are still remaining vulnerable to poverty and social deprivation. Although the situation is now changing. A woman has to invest a lot of time for household work and child rearing but they are investing the extra time to business sector to support their family and also utilizing their hidden potentiality. A structure questionnaire has been used to collect data by survey and the target population is women entrepreneur in Sylhet city. This city has been choosing because a huge amount of remittance comes from abroad. In this study also try to find out the motivational factors that induce them to be entrepreneur. finally put some suggestion to minimize the challenges.
Women entrepreneur may be defined as a woman or group of women who initiate, organize, and run a business enterprise. In terms of Schumpeter concept of innovative entrepreneurs, women who innovate, imitate or adopt a business activity are called “Women Entrepreneurs”.
Role of Entrepreneur's in economic development and role of women entrepreneur's.Jaikumar Pandit
What is Entrepreneur??
• Entrepreneur is a person who takes initiative or one who come up with an idea that helps to create new jobs, encourage society and disperse wealth because of new products or services that are introduced into the market. This gives great impact to each and every individual as some ways or the other, we all get correlated.
For example, with the introduction of Uber rides it gave great impacts on an auto rickshaw and local buses whereas millions of people got job car driver to make that Uber ride possible.
Problems and Prospects of Woman Entrepreneurship – A Review of LiteratureIOSRJBM
Any nation, to grow today in the world of intense competition, requires entrepreneurs at the core of the economic development. Entrepreneurial activities and entrepreneurship has been dominated by males since ages. However, in the era of information technology, the women have become more aware and better educational facilities have enabled them to venture into this male dominated space. The women today have emerged as a key player in economic development of the nations. However this transformation of society is far from over and the women entrepreneurs not only face difficulties while starting up an enterprise but also during the running phase. Globally, they have become a key player in sustaining both social development and economic growth. However, in a country like India where almost 50% of population is made up of women, the number of enterprises run by women entrepreneurs is only 7.36% or out of 361.76 Lakh enterprises in the MSME sector, only 26.61 Lakh have women at the top. There are a number of socio-economic hurdles faced by the women while they attempt to venture into setting up and running their own enterprises. Hence, the paper discusses the status of the Women Entrepreneurs and their importance. Also, an attempt is made to identify the challenges faced by these women entrepreneurs, by reviewing various literatures and provide some suggestion for overcoming these obstacles
Microfinance and Entrepreneurship DevelopmentIJLT EMAS
The roots of Microfinance were seen in the 19th century but these little roots took the shape of trees in the 20th century. These trees were grown by a very famous personality named Prof. Mohammed Yunus. He won noble prize for this work. He was very much moved emotionally by seeing the financially poor condition of his countrymen and that emotional outlet was in form of Microfinance under Grameen Model for the development and poverty alleviation and uplifting the standard of living of his countrymen. Seeing this tree grow many nations all over the world thought of joining hands and to make theses scattered trees grow into a dense forest. And their efforts really started bearing fruits on these trees. In the same time NABARD (National Bank for agricultural and Rural Development) took the initiative to bring the same changes in the rural areas of India. And as the time moved further the gloomy faces of people started changing into the smiling faces as slowly and steadily money started rolling into their hands and they started to move out of the clutches of money lenders. “Microfinance in India works under 4 major models a) Self Help Group b) Grameen Model c) Joint Liability Group d) Co-operative society”- [1]
Microfinance Institutions are in great favor of lending money to female category of the society because they feel the female fraternity is very much sensitive towards their family so they work hard order to repay the loan amount well in time. Microfinance works at the very root level so the major economic disturbances like the issue of 2007 and 2011 does not have the impact on economic life of the citizen of nation. Microfinance has the major role to play in the flagship programme of government of India started by Sh. Narendera Modi for example skill India, Start-up India, Make In India.
And a place to link the major 4M’s of a business to give a start to some kind of Manufacturing and Selling is known an Enterprise and the person who links all these 4M’s in such a manner that maximum return can be generated through operational activity of an Enterprise is known as an Entrepreneur. The process of developing and making a positive growth in enterprise, entrepreneur and ultimately the society is known as Entrepreneurship. And when there is an increment in entrepreneurial skills and knowledge through some structured training is known as Entrepreneurship Development. “The best example of Entrepreneurial Success is Dhirubhai ambani-founder of Reliance Group and also according to the report of NSSO out of every 1000 Indians 250 are self employed ”[2]
India Leadership Conclave 2018 - Introspection White PaperIndian Affairs
Rated by Experts & widely acclaimed by thought leaders, India Leadership Conclave Annual Affair is just not a leadership forum, it symbolizes the hopes & aspirations of the billion people reflected by the speakers at the forum. This year’s theme & style is an exception to the rule, it is more interactive & analytical than a stereotype presentation. I hope to present to you something a new, fresh yet different!India attracted global attention as the economy notched up rapid growth. Global firms headed to the country betting on the long-term potential of the economy, favourable demographics and the huge market. The economy staged a smart recovery from the impact of the 2008-09 global financial crisis, reverting to its high growth path. But as the government started to wind up the fiscal stimulus, growth took a hit. Developments on the political front dealt a crippling blow as several scandals hit the headlines, including the 2G spectrum scam. Besides, as decision making came to a standstill, industrial growth plunged. Overall, growth slowed to a decade low of 5% in 2012-13 and is expected to be on similar lines in the current financial year. The sharp slowdown, along with other emerging markets, has prompted some analysts to say that India is falling off the radar of investors due to its unpredictable policies particularly on the tax front. But others say it would be wrong to ignore the potential of the Indian economy. Growth is expected to rebound in the next two years and the country is expected to reap the benefits of the demographic dividend.
The report was the culmination of exploratory interviews with India's Business Leaders on the new goalposts for Leadership in a rapidly changing world. The study conducted on behalf of International Business Leaders Forum, examined the thought process and ambitions of India's exemplar business leaders and their organisations on sustainability, inclusive business, and social development.
As per PTU's Syllabus B.Com, Unit No. 1: Introduction to Entrepreneur, Entrepreneurship and Enterprise .Importance and relevance of the entrepreneur - Factors influencing entrepreneurship - Pros and Cons of being an entrepreneur - Challenges of women Entrepreneurs - Types of Entrepreneurs - Characteristics of a successful entrepreneur. - Entrepreneurial competencies – Factors affecting entrepreneurial growth – Role of entrepreneur in economic Development.
Future of Work – Preparing for Disruptions: Indian context
How India is gearing up in Preparations and towards supporting the Workforce??
Introduction :
Changing nature of work has created disruptions, discontinuities as well as opportunities.
This is not seen in some selected countries but across the world, be it a developed country, or a developing country.
Like any other country, India has its own unique set of challenges in preparing and supporting its workforce from a governance point of view.
Take the case of India, thanks to globalization and IT revolution, India became the back office of the world , with “Bangalored”, a euphemism , which signifies job loss elsewhere in the developed economy entering the oxford Dictionary
Governments in pursuit of economic growth love to invest in physical capital
far less interested in investing in human capital, which is the sum total of a population’s health, skills, knowledge, experience, and habits. That’s a mistake many countries made, the case for India was slightly different thanks to “ Nehruvian socialism” in the post-independence era.
In the recent years this has only been further augmented with opening up of the economy further and leveraging of automation/ innovation across sectors. Today India is at the forefront in terms of technical education and English speaking population with the right skills for the global demand in new forms of employment.
While all this is true in terms of progress, for the size of India with a Billion plus population, it is equally disheartening to find that the informal sector has only increased if not lesser with more than 75% of the population still in the informal side with no benefits and protection.
Governments have an important role to play in fostering human capital acquisition.
Fortunately for India since independence significant progress has been made on 3 fronts:
1. Formal Jobs
2. Education access
3. Health care
Today’s governments across the world have a more definite role to play in the area of social inclusion and life long learning facilitation for it’s work force and population as a whole.
with the help of world wide social organisations, Governments, and societies at large. All need to work in tandem, in order to Benefit from the torrential opportunities, thanks to new technologies and disruptive innovations, unseen in the history of mankind, Can lead to prosperity and health for most if not all
this gives a edp in india
all the details regarding the growth of entrerpreneurship devolopment is available in this project.............................................................................................................................................................................................................................................................
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Beyond The Hype Of Entrepreneurship In India
1. Beyond The Hype Of
Entrepreneurship In India
P Vijay Kumar,P Vijay Kumar,
Writes for SME Resource Center of Small andWrites for SME Resource Center of Small and
Medium Entity Promotion in HyderabadMedium Entity Promotion in Hyderabad
1 out of 12
2. Some entrepreneurs came into limelight recently with their big success
stories. The small number of these big success stories in entrepreneurship
gives a feeling that entrepreneurship is new in India. There could be nothing
further than the truth.
2 out of 12
3. The reality check – Is entrepreneurship new?
From the independence period, self-employment existed as #1 employer in
India. A sheer need to survive forced many into self-employment and
subsistence entrepreneurship, which means a hand-to-mouth business
earning less than required for basic existence. Almost every type of major
employment from farming, LIC agencies, grocery stores, fruit vendor, auto
rickshaw, electrician, plumber, carpenter, hair cutter, and beauty saloon is
self-employment. Low per capita income countries typically tend to have
many self-employed people, whereas thriving economies have more people
working as employees.
3 out of 12
4. Beyond the Hype – Why is entrepreneurship so high in
India since independence?
Entrepreneurship is very high in India for many social, political and economic
reasons. Also, most agrarian economies have high self-employment and a
significant non-professional workforce in low paying jobs. The creation of a
viable middle class requires at least an industrial economy.
4 out of 12
5. Very few government jobs
After independence, a limited number of public sector companies existed as
government of India was still in the process of building PSUs. As a result, there
were very few government jobs, which existed in India after independence. In
addition, there were few private sector companies that existed in India after
independence. This scarcity of jobs for educated persons led to forced self-
employment.
5 out of 12
6. No meaningful jobs in traditional businesses
There were no meaningful jobs for educated persons in traditional businesses
in the post independence period. Traditional businesses do not operate in a
professional manner and the environment in such businesses is typically not
conducive to educated people.
6 out of 12
7. Farming mindset fueled entrepreneurship aspirations
A farmer has a tendency to be one’s own boss. A farmer does not work for
others. In many parts of India, the rural hired hand is called “salaried” and the
term “salaried” has a negative connotation; it means someone who is not
enterprising, unskilled person from a not so great family background. A typical
farmer’s mentality is to take pride in being independent and self-employed.
For generations, this mindset continued and fueled entrepreneurship
aspirations.
7 out of 12
8. Private sector prior to 1991 reforms was not actively
encouraged
Private sector in India before the 1990’s faced many bureaucratic hurdles,
thus it did not grow fast enough to create jobs for the people seeking
employment. During 1950-91 due to industrial licensing / socialistic agendas,
private sector was not actively encouraged and had stunted growth. The
government itself did not consider the private industry very kindly. People
could understand the mood of the government and did not want to join
private sector as everyday could be an uphill journey against the might of the
government bureaucracy / prevailing public opinion. This environment
affected growth of professional private businesses and led to insufficient job
creation in the private sector.
8 out of 12
9. Private sector prior to 1991 reforms was not actively
encouraged-Continued
If you see the movies of Amitabh Bachchan in 70’s and 80’s when he was
Bollywood superstar, the common theme was the lack of meaningful jobs in
educated India. The frustration of the educated Indian and the role of the
angry young man played by Amitabh Bachchan strongly connected with the
audience and made him a super star. The common scene in many movies of
this time was the educated person holding a degree and roaming from office
to office for a job till his boots get holes in them.
9 out of 12
10. Inability to work in organizations
In the earlier generations people were mostly into self-employment, which
mostly didn’t required any interpersonal skills and awareness levels of
teamwork. The younger generation grew up seeing this generation. Even if the
younger people aspired to join PSUs and private sector jobs, they lacked the
interpersonal skills and awareness levels to get and keep the job in such
organizations. Their inability to get adjusted to work in teams made many
educated people unfit to work in organizations. This also led many people to
get into forced self-employment.
However, the real development in India is the growth of decent paying, good
profile jobs in professional private sector companies.
10 out of 12
11. Inability to work in organizations-Continued
Many multinational companies also entered the Indian market and tens of
lakhs of respectable jobs have been created. Contrary to what is the general
perception, the reality is that it is not the growth of entrepreneurship that we
are seeing today. The reality is the aggressiveness and the determination with
which Indians have let go off the self-employment mindset to join the
professional work force as employees.
In fact, this trend is such a strong trend that currently the professional
employees and corporate taxes (mostly from PSU’s and professional private
companies) account for more than 50% of the taxes collected by the Indian
government.
11 out of 12
12. About SMEPH
Smeph.net is a website about
Small and Medium Entity Promotion in Hyderabad that contains exclusive
articles, webinars, white papers & latest industrial updates to support and
guide professional SMEs run their businesses successfully. The
SME Resource Center has comprehensive collection of articles covering
expertise information for small and medium businesses.
Thank you for spending your precious time in reading this article!
12 out of 12