7/27/2019 Women Entrepreneurs in India vs. China.

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Women Entrepreneurs in India vs. China.

Concept of women entrepreneurship: - Entrepreneurship plays an important role in the growth of any society.Development of entrepreneurship culture and qualitative business development services are the major requirements for industrialgrowth. Entrepreneurship emerges from an individuals creative spirit and translates into long -term business ownership,employment creation, capital formation and economic security.

Entrepreneurial skills are essential for industrialization and for alleviation of mass unemployment and poverty.As technologyspeeds up lives, women are an emerging economic force, which cannot be neglected by the policy makers. The worlds modern

democratic economy depends on the participation of both genders

Evolution of Women Entrepreneurship: - Although women form a very large proportion of the self- employedgroup, their work is often not recognized as work. The prevailing household strategy catalyses the devaluation of womens productive activities as secondary and subordinate to mens work. Womens contributions vary according to the structure, needs,customs and attitudes of society. Women entered entrepreneurial activities because of poor economic conditions, high

unemployment rates and divorce catapult.

Importance of Women Entrepreneurs in Society:- Women perform an important role in building the realbackbone of a nations economy. There is considerable entrepreneurial talent among women. Many womens domestic skills suchas people and time management and household budgeting are directly transferable in the business context. Women have theability to balance different tasks and priorities and tend to find satisfaction and success in and from building relationships withcustomers and employees, in having control of their own destiny, and in doing something that they consider worthwhile. Theyhave the potential and the will to establish and manage enterprises of their own. These qualities and strengths of women are tobe tapped for productive channels.

But simultaneous creation and development of small business among women is a difficult task. According to Brady Anderson J.,Even though womens contributions to business are one of the major engines of global economic growth, too often, women donot have access to basic business education, commercial credit and marketing opportunities. Maintenance of proper quantitativebalance among various economic activities is one of the principal functions of the economic system, which should operate to giveequal freedom of choice to men and women.

Women Entrepreneurship in India Women Entrepreneurship in China:- Women perform an importantrole in building the real backbone of a nations economy. There is considerable entrepreneurial talent among women. M any

womens domestic skills such as people and time management and household budgeting are directly transferable in the businesscontext. Women have the ability to balance different tasks and priorities and tend to find satisfaction and success in and frombuilding relationships with customers and employees, in having control of their own destiny, and in doing something that theyconsider worthwhile. They have the potential and the will to establish and manage enterprises of their own. These qualities andstrengths of women are to be tapped for productive channels. But simultaneous creation and development of small businessamong women is a difficult task. According to Brady Anderson J., Even though womens contributions to business are one of the

major engines of global economic growth, too often, women do not have access to basic business education, commercial creditand marketing opportunities. Maintenance of proper quantitative balance among various economic activities is one of theprincipal functions of the economic system, which should operate to give equal freedom of choice to men and women.

Characteristics of Women Entrepreneurs:-Women entrepreneurs tend to be highly motivated & selfdirected, they also exhibit a high internal locus of control & achievement. Researchers contend that women business owners

possess certain specific characteristics that promote their creativity and generate new ideas and ways of doing things.

Categories of Women Entrepreneurs:-

Women in organized & unorganized sectors. Women in Traditional & Modern Industries. Women in Urban & Rural areas Women in large scale & small scale Industries.

Problem for Women Entrepreneurs:-Lack of Working Capital, . Motivational FactorThe family structure is generallymale dominated, The financial institutions are skeptical about the entrepreneurial abilities of women, Women's family obligationsalso bar them from becoming successful entrepreneurs in both developed and developing nationsThe male - female competitionis another factor, which develop hurdles to women entrepreneurs in the business management process

Status Of women Entrepreneurs in South East Asia+Questionnaire based study( if considerednecessary)