Challenges and success factors of female entrepreneurs: evidence from a developing country

Entrepreneurship is claimed as an important element to stimulate growth and development of most countries. It is also posited that female entrepreneurs took part and played a vital role in the economic development and helped to stabilize the economy particularly during the economic recession periods...

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Main Authors: Mustapha, Mazlina, Subramaniam, Punitha
Format: Article
Language:English
Published: Econjournals 2016
Online Access:http://psasir.upm.edu.my/id/eprint/55243/1/Challenges%20and%20success%20factors%20of%20female%20entrepreneurs.pdf
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author Mustapha, Mazlina
Subramaniam, Punitha
author_facet Mustapha, Mazlina
Subramaniam, Punitha
author_sort Mustapha, Mazlina
collection UPM
description Entrepreneurship is claimed as an important element to stimulate growth and development of most countries. It is also posited that female entrepreneurs took part and played a vital role in the economic development and helped to stabilize the economy particularly during the economic recession periods. Thus, this paper attempts to explore the success factors of women entrepreneurs in Malaysia, one of the developing countries in Asia. In addition, it also examines the challenges faced by these women in conducting their businesses. Interviews were conducted with ten successful female entrepreneurs. The interview results appear to indicate that support from family members is important and contribute to the sustainability of their businesses. In addition, their internal motivation and creativity help them to attract the customers and compete in the market. This study provides information to the regulators and government agencies about the training, support and financial resources needed by this group of entrepreneurs.
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spelling upm.eprints-552432018-08-15T00:49:14Z http://psasir.upm.edu.my/id/eprint/55243/ Challenges and success factors of female entrepreneurs: evidence from a developing country Mustapha, Mazlina Subramaniam, Punitha Entrepreneurship is claimed as an important element to stimulate growth and development of most countries. It is also posited that female entrepreneurs took part and played a vital role in the economic development and helped to stabilize the economy particularly during the economic recession periods. Thus, this paper attempts to explore the success factors of women entrepreneurs in Malaysia, one of the developing countries in Asia. In addition, it also examines the challenges faced by these women in conducting their businesses. Interviews were conducted with ten successful female entrepreneurs. The interview results appear to indicate that support from family members is important and contribute to the sustainability of their businesses. In addition, their internal motivation and creativity help them to attract the customers and compete in the market. This study provides information to the regulators and government agencies about the training, support and financial resources needed by this group of entrepreneurs. Econjournals 2016 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/55243/1/Challenges%20and%20success%20factors%20of%20female%20entrepreneurs.pdf Mustapha, Mazlina and Subramaniam, Punitha (2016) Challenges and success factors of female entrepreneurs: evidence from a developing country. International Review of Management and Marketing, 6 (4). pp. 224-231. ISSN 2146-4405
spellingShingle Mustapha, Mazlina
Subramaniam, Punitha
Challenges and success factors of female entrepreneurs: evidence from a developing country
title Challenges and success factors of female entrepreneurs: evidence from a developing country
title_full Challenges and success factors of female entrepreneurs: evidence from a developing country
title_fullStr Challenges and success factors of female entrepreneurs: evidence from a developing country
title_full_unstemmed Challenges and success factors of female entrepreneurs: evidence from a developing country
title_short Challenges and success factors of female entrepreneurs: evidence from a developing country
title_sort challenges and success factors of female entrepreneurs evidence from a developing country
url http://psasir.upm.edu.my/id/eprint/55243/1/Challenges%20and%20success%20factors%20of%20female%20entrepreneurs.pdf
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