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Determinants of Success Factors of Women Entrepreneurs in Bangladesh- A Study Based on Khulna Region

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  • Sandip Sarker
  • Mollika Palit

Abstract

Being about half of the total population in Bangladesh, women are still lagging behind. Encouraging them for entrepreneurship would not only lead to economic prosperity but would also improve their standard of living. With the growing importance of women entrepreneurs, there is practical value in being able to identify factors contributing to their success. The objective of this study is to identify those factors important for women entrepreneur success and also to identify whether there is any relationship between age, marital status, education level and the success factors. A structured questionnaire, containing 25 variables, has been used to collect data by survey and the target populations are women entrepreneur in Khulna city. Total sample size is 150. Statistical tools like Factor Analysis have been used to identify the success factors. The study has identified 8 key factors that are critical for women entrepreneur¡¯s success. Those are Access to technology, Interpersonal Skill, Business Feature, Training and Motivation, Social security and freedom, Assistance and easy regulation, Family support and quality assurance, Risk encountering. The findings of this study is instrumental for the women SME owners as well as researchers in the area of women entrepreneurs to study further with the new variables found from this research.

Suggested Citation

  • Sandip Sarker & Mollika Palit, 2014. "Determinants of Success Factors of Women Entrepreneurs in Bangladesh- A Study Based on Khulna Region," Business and Economic Research, Macrothink Institute, vol. 4(2), pages 237-250, December.
    • Handle: RePEc:mth:ber888:v:4:y:2014:i:2:p:237-250
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    References listed on IDEAS

    as
    1. Chowdhury Abdullah Al-Hossienie, 2011. "Socio-Economic Impact of Women Entrepreneurship in Sylhet City, Bangladesh," Bangladesh Development Research Working Paper Series (BDRWPS) BDRWPS No. 12, Bangladesh Development Research Center (BDRC).
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    Cited by:

    1. repec:mth:ijafr8:v:9:y:2019:i:1:p:257-278 is not listed on IDEAS
    2. Sukhjeet Kaur Matharu & Divya Juneja, 2023. "The Influence of Perceived Motivational Factors on Success of Women-Driven Ventures and Their Contribution in Economic Development," Vision, , vol. 27(5), pages 616-627, November.
    3. Hossan, Dalowar, 2020. "Factors Influencing Entrepreneurial Success Among The Rural Women Entrepreneurs In Bangladesh," OSF Preprints 4ajkf, Center for Open Science.
    4. Faria Islam Oridi & Md. Shawan Uddin & Md. Faisal-E-Alam & Taha Husain, 2022. "Prevailing factors of rural women entrepreneurship in Bangladesh: evidence from handicraft business," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 12(1), pages 305-318, December.
    5. Fakhar Shahzad & Adnan Abbas & Adnan Fateh & Raja Suzana Raja Kasim & Kashif Akram & Sheikh Farhan Ashraf, 2021. "Late-Night Use of Social Media and Cognitive Engagement of Female Entrepreneurs: A Stressor–Strain–Outcome Perspective," SAGE Open, , vol. 11(3), pages 21582440211, August.
    6. Dr. Ishrat Jahan, 2018. "Promises vs. Realities of Women in Development (WID: Microcredit and Women’s Enterprising Work in Rural Bangladesh," International Journal of World Policy and Development Studies, Academic Research Publishing Group, vol. 4(2), pages 6-19, 04-2018.
    7. Prisca I. Isiwu & Ifeanyi Onwuka, 2017. "Psychological Factors that Influences Entrepreneurial Intention Among Women in Nigeria: A Study Based in South East Nigeria," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 26(2), pages 176-195, September.

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    More about this item

    Keywords

    Women entrepreneurs; Success factor; Bangladesh.;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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