Women Entrepreneurship By Howard H. Stevenson And David E. Gumpert

Introduction:

All of the sudden entrepreneurship is in the ride. The perception goes common that if the nation’s businesses, irrespective of the size can become more entrepreneurial then it will yield better productivity and compete more effectively and efficiently in today’s fastest growing world marketplace, Howard H. Stevenson and David E. Gumpert.

Globally, it is felt that entrepreneurship emerged as a progressive and developmental idea for the world of business, Scott (1986). Hence it is in the consideration that entrepreneurship is the vital ingredient not for the current era of globalization only, but also for the future potential performers for creating diverse opportunities, Mita (2002). Entrepreneurs are identified as creator, innovator

There is common perception that women are weaker gender both physically and emotionally and then consequently open dimensions for development of women as business professionals is an area that still quite untapped and demand attention, Wennekers (1999).

The concept of women entrepreneurship is attached with the women empowerment and emancipation. Women entrepreneurs are those who has the ownership of the 50% of the business, actively indulged themselves in the management of business and the business is in operation for more than one year and utilize their knowledge, skills, aptitude and resources to constitute or develop new business ventures or opportunities, Moore and Buttner (1997). There is an estimation that over 200 million women are employed across all industry sector over the world where half of them are employed in developing countries, Gem Report

The factors which motivate the women to become entrepreneur by necessity possess the aim to improve the living standard of their children, effort to lessen the economic burden of their family, because of death or sickness of their husband and to manage and adjust the household and business life successfully on their own