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Status of women entrepreneurship
Present of women entrepreneurship
The role of entrepreneurs in societies
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Entrepreneurship is an innovative and dynamic process, whereby, a new enterprise is created. Entrepreneur is a catalytic agent of change, which generates employment opportunities for others.
The emergence of entrepreneurs in a society depends to a great extent on the economic, social, religious, cultural and psychological factor prevailing in the society.
Entrepreneurship amongst women is a recent phenomenon. When an enterprise is established and controlled by a woman, it not only boosts economic growth, but also has many desirable outcomes.
First prime minister of India Jawahar Lal Nehru has remarked "when a woman moves forward, the family moves, the village moves and the nation moves." It is estimated that presently women entrepreneurs
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Rural women frequently have primary responsibility for agricultural production, in addition to domestic responsibilities and childcare.
Women Entrepreneurship in India
India is a land of enterprises, where almost 70% of the population is still self-employed and some place this estimate as high as 80 percent. The concept of “Women entrepreneurship” is becoming a global phenomenon and in India it became prominent in the later half of the eighties.
An entrepreneur is a person who is able to scan the environment, marshal resources and implement actions to bring into existence a commercial venture, which can initiate and establish large, medium or small enterprises.
The concept of women entrepreneurship is multi disciplinary in nature embodying economic, psychological, social, cultural and political as well as environmental
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The emergence of women entrepreneurs and their contribution to the national economy is quite visible in India. Women’s entrepreneurship has been recognized during the last decade as an important untapped source of economic growth. According to statistics 2010, women in India the proportion of female workers to total population in percentage is 16.65 in rural areas and 9.42 in urban areas this shows overall less contribution of women in work but more percentage of women workers in rural areas, specially in entrepreneurship.
Entrepreneurship development among rural women helps to enhance their personal capabilities and increase decision making status in the family and society as a whole.
They were engaged in starting individual or collective income generation programme with the help of self-help group.
This will not only generate income for them but also improve the decision-making capabilities that led to overall
The world is filled with many ambitious people looking to make a product to help the world and make a living for themselves and their families. These people are known as entrepreneurs. An entrepreneur is someone who organizes and operates a business or businesses while running the risk of losing everything to make money. One might ask why there is a risk ...
An entrepreneur is a person who is a special talent for searching out and taking advantage of new business opportunities, as well as developing new products in a new way of doing
Evidence from Eastern Europe and Central Asia (2008), Shwetlena Sabarwal and Katherine Terrell showed that the number of women who own enterprises is less than the number of male-owned enterprises (p.3). However, they indicated that there was the difference in performances between men and women. They wrote that in the US in 2002, female owners earned less profits than male owners. They generated four fifth of profits compared to men. However, in Australia and Africa, women business owners generated the similar amount of profits of men business owners (p.4). Therefore, they explained that female-owned enterprises do not under-perform whereas male-owned enterprises do. Moreover, they also explained why some businesswomen perform less well than businessmen. That is because women just concentrated in personal services sector that tend to have lower sales revenue on average and they are less likely than men to operate business in high-technology sectors in the US (p. 5-6). In the contrast, Christopher D. Merrett and John J. Gruidl (2000) wrote in the article Small Business Ownership in Illinois: The Effect of Gender and Location on Entrepreneurial Success (2000), “Forty percent of all firms in the United States are owned and operated by women. They are breaking record and barriers as they start new businesses. However, female entrepreneurs have less prior work experience than their male competitors” (p. 425-426). It is clear
Entrepreneurship is associated merely towards the perspective of risks taking and innovation. Several individuals do not have these guts to opt for a new business and they prefer doing a generalized job to feed their families. The perspective of entrepreneurship offers growth and employment to different sectors. Entrepreneurship in Pakistan evolved dramatically as people carried owns their businesses from the Indian region and they continued them in Pakistan. However, in the earlier days entrepreneurship was mainly concerned with the perspective of governmental interest. In the early days, the policies mainly focused on the elite class so that they can have all the privilege to continue their business in different regions of Pakistan (Rana, 2012). This biasness depicted the real ideology of entrepreneurship in this region while it halted the performance of several individuals who wanted to start their own business. In the earlier days, these incentives resulted in
Satwinder Singh, R. S. (2011). Motivation to become an entrepreneur: a study of Nigerian women's decisions. African Journal of Economic and Management Studies, 19.
There has been a large amount of attention paid to the subject of entrepreneurship in the last few years; mainly because most people have chosen to go from working for somebody else, to be their own bosses and work for their dreams. Nevertheless, many still wonder what is entrepreneurship and what is that sets entrepreneurs apart from other regular business owners. At first, it seems both concepts do not differ much from each other since they both start up and run businesses and assume risks to pursue opportunities; however, there are certain traits that difference them.
India is home to a one of the highest number of startups in the world. Despite being home to many budding entrepreneurs, there are very few women entrepreneurs. The startup ecosystem is dominated by men. Though the number of women is significantly lesser, there are a few women who are successful and are a great inspiration to other budding entrepreneurs.
Entrepreneur are employees who work in business in an entrepreneurial capacity, creating innovative new products and processes for organization. “Entrepreneurs are “dreamers who do”, those who take hands-on responsibility for creating innovation of any kind within an organization.” -Gifford Pinchot The entrepreneur is an essential ingredient in every innovation. -Dr. William Souder, 2003
Entrepreneurship incorporates unconstrained imagination and a readiness to settle on choices without strong information. The entrepreneur may be driven by a need to make something new or assemble something unmistakable. As new ventures have low achievement rates, the business person should have impressive tirelessness. Because of this, the entrepreneur may have the best risk of achievement by concentrating on a business sector corner either too little or too new to have been commanded by built up organizations.
Entrepreneurship - a special kind of activity. Its constant conditions are limited resources, competition and uncertainty of the situation. The main tools of the entrepreneur are: thrift, cooperation and innovation. Consequently, enterprise is the independent economic entity, with rights of a legal entity, which is based on the use of labor collective property produces and sells products, works, and provides services.
Nowadays, entrepreneurship becomes most popular career, where our government encourages our graduated student to involve in business so that unemployment will not happen in our country. Policymakers, academics, and researcher agree that entrepreneurship is a vital route to economic advancement for both developed and developing economics (Zelealem et al., 2004). Entrepreneurship has many types for example small business and others. Today small business, particularly the new ones, is the main vehicle for entrepreneurship, contributing not just to employment, social and political stability, but also to innovation and competitive power (Thurik & Wennekers, 2004).
Entrepreneurship is an important aspect of social, economic and community life. It can be viewed as a critical factor to economic growth as well as a way of addressing unemployment (Nolan, 2003).Entrepreneurs are people who are persistently focused on identifying opportunities, they seek to create something worthwhile while taking into account foreseeable risk and rewards associated with the efforts (Nolan, 2003). Furthermore, entrepreneurs are frequently understood to be individuals who discover market needs and establish new business to meet those identified opportunities. The following assignment will firstly discuss the types of entrepreneurship, secondly it will discuss the reasons people become entrepreneurs, and thirdly it will discuss the importance of entrepreneurship.
The first definition on entrepreneur was simply someone who invented something. Eventually, it turned into someone who owned a business. But the best definition, the one used most often today, is someone who organizes, manages, and assumes the risks for a business or enterprise. This shows that not only does a person "invent" something, but that they see the opportunity and build a business around it. An entrepreneur has a vision and builds around this vision.
An entrepreneur is someone with the capacity to lead a business to success and is willing to take the risks in order to accomplish their goals. (Dollonger, 2002). Starting a new business is an example of entrepreneurship. Entrepreneurs are very important in order for any business to succeed, however, only some entrepreneurs will succeed in life. Here are some of the characteristics of successful entrepreneurs.
But overall economic development of any society in not possible without social and economic development of women. Entrepreneurship is an important driver of economic growth, productivity, innovation and employment. Women entrepreneurs can be defined as the women who organizes, undertakes risks, initiate and operate a business enterprise. As per the Government of India, a women entrepreneur is the one who owns and controls an enterprise having a minimum financial interest of 51 percent of the capital and giving at least 51 percent of the employment generated in the enterprise to