Title: A study of success factors of micro-entrepreneurial women of emerging economies

Authors: Amandeep Dhaliwal

Addresses: Faculty of Management Studies, Manav Rachna International Institute of Research and Studies, Faridabad, India

Abstract: Governments worldwide are focusing on the development of women microenterprises as they contribute to employment generation, social upliftment and economic development of a nation. Despite their efforts, women-owned businesses do not perform well and have high failure/closure rates. This study, therefore, firstly identifies the factors, which influence the success of women owned microenterprises in emerging economies, and then measures the impact and importance of each of these factors using SEM-PLS (structural equation modelling) technique. The results of the study reveal that in the case of women micro-entrepreneurs' personal factors and social factors such as family support, access to capital, marital status, need for work-life balance, access to mentors and professional support networks have a high impact on the success. Surprisingly, past work experience and personal motives were found to have no impact. This study would guide policy makers, practitioners, and women entrepreneurs in focusing on the important aspects of success.

Keywords: women entrepreneurs; success factors; microenterprises; structural equation modelling; PLS-SEM; India.

DOI: 10.1504/IJPSPM.2024.142339

International Journal of Public Sector Performance Management, 2024 Vol.14 No.3/4, pp.309 - 337

Received: 16 Mar 2020
Accepted: 11 Oct 2020
Published online: 25 Oct 2024 *

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