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Women Entrepreneurship







Entrepreneurship practiced by women. Women entrepreneurship has been initiated and founded by a woman who moves it with its innovative ideas and who is actively involved in its management.




Overview

In this era of economic liberalization and globalization Women entrepreneurship is gaining importance in India. The current policies and institutional assistance for developing entrepreneurship skills, providing education and training has been a great motivator for women to take up entrepreneurship. Although women in India constitute only one third of the economic enterprise still there have been numerous evidences of successful women entrepreneurs who have brought fame to India. In the recent era lot of unemployed women have taken up entrepreneurship based on their skills and training and even the employed ones’ are leaving the workforce with the intent of taking up entrepreneurship. The demographic appearance and economic growth of the country have changed because of the increased presence of women as entrepreneurs. Despite of the motivating economic achievement that India has attained because of more women taking up entrepreneurship still there exists issues that need to be recognized.





Factors responsible for Women Entrepreneurship


The factors that lead women to take up entrepreneurship can be majorly classified as PUSH and PULL Factors. Push as the word itself signifies speaks of necessities. Where women feel that their family income is insufficient, they are into the role of the sole bread earner, they are not able to find a suitable employment for themselves. These are generally factors which keep more importance for women than for men. Pull clearly signifies being drawn towards something which is attractive.

The Pull Factors would include – Financial Independence which is the prime end result of profits generated out of business to a great extent pull many women towards entrepreneurship. Idea to make use of the existing skills and education and simultaneously keeping one self engage can be one of the reason for women to get attracted towards entrepreneurship. Providing employment to others and helping others in the society to gain economic empowerment can be one pull factor that can eventually lead to economic up gradation in the society. In Indian society women have always been looking forward to attain higher social status and an opportunity to become an entrepreneur is great booster towards the fulfillment of their goal of attaining higher social status for themselves through their own efforts.

To name a few Push Factors would include- Death of the primary bread earner of the family which consequently generates a need to earn lively hood for the women in the family. Another reason could be separation from husband. Many women feel a need to generate a source of income for themselves and their dependents after getting separated from their life partner. Similar to this are the issues related with the health of the primary bread earner of the family. If the husband or the male member of the family suffers from health problems it generates a natural need for the women to take up a role of earning to fulfill the basic needs of her family and meet necessary expenses.








Entrepreneurship Advantages for Women






empowering women has always been a matter of concern. But because of the recent development of “Women Entrepreneurship” India is able to meet the challenge of women empowerment. Entrepreneurship is advantageous for women in lot of way and mostly these advantages are in the form of professional, personal and social capabilities that women build over a period of time. They improve their economic position and standard of living, develop a sense of achievement, enhance their awareness and increase their self-confidence by many folds. They show increased participation in social and professional settings which develops leadership skills in them. They develop skills to solve women and community related problems and never the less improve their decision making skills with reference to profession, family and community. All these are signs of women empowerment which are frequently evident in societies that promote women entrepreneurship.



Women's Entrepreneurship Development


Women run successful enterprises, yet persistent gendered inequalities continue to create major disparities in opportunities to start and grow a business. In general, their businesses tend to be smaller than those run by men, are concentrated in sectors with limited potential for value addition and are over-represented in the informal economy. These challenges are compounded by women’s care responsibilities, which create additional pressure on women entrepreneurs’ time, workload and wellbeing, as well as by unfavourable institutional environments that can result in uneven access to land and decision-making roles, and inadequate social protection coverage.

seeks to redress existing gender imbalances in enterprise development through approaches aimed specifically at women, while simultaneously working with constituents to ensure that enterprise initiatives consider gender dynamics and inequalities in their formulation and roll-out. The programme applies a set of tested tools and approaches to support and create the conditions to enable budding and existing women entrepreneurs to start, manage and grow their business.