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challenges and opportunities for women entrepreneurship in india
1.
2. Challenges and Opportunities for
Women Entrepreneurship in
India under Globalization
BY
AYYANAR.P (II MBA )
&
KARPAGAM COLLEGE OF
ENGINEERING,
COIMBATORE
3. Introduction
ď In spite of forming 50 per cent of the
total population of the world women
do not own even 1 per cent of the
worldâs property.
ď The specific role of women in
the economic effort has not yet
been clearly defined but the need
for âintegration of women into
developmentâ is being particularly felt
by women themselves.
4. ContâŚ
⢠With the increase in the number of women
getting educated, there is considerable
awareness among women to be self-employed
and gradually the role of women is changing in
the society.
⢠Women make the second largest target group for
identification of potential entrepreneurs being
slightly less than 50% of the total population.
⢠The challenges and opportunities provided to
the women of digital era are growing rapidly
that the job seekers are turning into job creators.
5. Women
Entrepreneurs in India
⢠Women entrepreneurs in India The Government of
India has defined women entrepreneurs based on
women participation in equity and employment of a
business enterprise.
⢠Accordingly, a woman entrepreneur is defined as an
enterprise owned and controlled by a woman having a
minimum financial interest of 51% of the capital and
giving at least 51% of the employment generated in
the enterprise to a woman.
6. Status of Women Entrepreneurs In
India
⢠Nature has made a division of labour
entrusting upon men and women different
responsibilities for the betterment of the
process of evolution.
⢠The women, the mother, has been the symbol
of continuity of culture, tradition and
religion, being the binding force of the family
system.
7. Women entrepreneurs can be
divided into three categories :
First Category :
Established in big cities .
Having higher level technical & professional
qualifications
Non traditional Items
Sound financial positions.
CountâŚ.
8. Second Category :
Established in cities and towns
Having sufficient education
Both traditional and non traditional items
Undertaking women services-kindergarten,
crèches, beauty parlors , health clinic etc
Third Category:
Illiterate women
Financially week
Involved in family business such as
Agriculture, Horticulture, Animal Husbandry,
Dairy, Fisheries, Agro Forestry, Handloom,
Power loom etc.
9. A Risk and Reward Framework for
Womenâs Entrepreneurship
⢠This section reviews previous research
undertaken on womenâs entrepreneurship. We
depart from the previous work from
DuchĂŠnautâs report to the OECD (1997), but
also different conferences held by the OECD
on the subject (e.g. OECD, 2000).
The section will demonstrate how
and why womenâs entrepreneurship is a
distinct feature of entrepreneurship.
10. Obstacles to womenâs
entrepreneurship
ďśIn the previous section, we discussed the
position of women and womenâs
entrepreneurship in particular from the
perspective of different framework conditions.
11. Problems faced by women entrepreneurs
are briefly analyzed below:
⢠Start up finance
⢠Working capital
management
⢠Marketing skills
⢠Access to technology
⢠Regulatory requirements
⢠Management skills
⢠Lack of confidence.
12. Role of women as an Entrepreneur's
⢠Imaginative
⢠Attribute to work hard
⢠Persistence
⢠Ability and desire to take risk
⢠Profit earning capacity
13. Status of Women Entrepreneur
⢠Status of women have been changing since 21st
century as a result of growing industrialization
and urbanization.
⢠More and more women are going for higher
education, technical and professional education.
⢠Women have shifted from kitchen, handicraft to
nontraditional higher levels of activities.
⢠Financial institutions like banks have also set up
special cells to assist women entrepreneurs.
14. Conclusion
⢠women entrepreneur are those women who
think of a business enterprise, initiate it
organize and combine the factors of
production, operate the enterprise, undertake
risk and handle economic uncertainties
involved in running a business enterprise.
15. How to Develop Women
Entrepreneurs?
⢠Consider women as specific target group for
all developmental programs .
⢠Adequate training programme on management
skills to be provided to women community.
⢠Encourage women's participation in decision-
making.
⢠Training on professional competence and
leadership skill to be extended to women
entrepreneurs.