Factors Affecting Women Entrepreneurs’ Success: A Study of Small- And Medium-Sized Enterprises in an Emerging Market.
Abstract
Purpose – The purpose of this study is to investigate the important determinants impacting the success of women entrepreneurs in small and medium-sized enterprises (SMEs) in emerging economies. This study provides a better understanding of the particular obstacles and possibilities that women entrepreneurs encounter in these situations by identifying both internal and external factors that influence their entrepreneurial path. Design/methodology/approach – The research adopts a mixed-method approach, combining qualitative interviews with women entrepreneurs across several emerging market economies and quantitative data analysis. Structural Equation Modeling (SEM) is used to analyze the relationships between key variables, providing An in-depth knowledge of the factors influencing the success of women-led SMEs. The study analyzes data from a diverse range of industries to identify common patterns and variations based on geographical and cultural contexts. Findings – The study finds that access to finance, social networks, education, and mentorship are significant determinants of success for women entrepreneurs. Additionally, societal perceptions, gender biases, and policy frameworks in emerging markets play a crucial role in shaping the opportunities available to women-led SMEs. Women entrepreneurs in these markets also report navigating unique personal and professional challenges, balancing familial responsibilities with business growth. Practical implications – The findings provide valuable insights for policymakers, development agencies, and financial institutions aiming to support women entrepreneurs in emerging markets. By addressing the gender-specific barriers and enhancing access to resources, targeted interventions can help women entrepreneurs maximize their business potential and contribute to the economic development of emerging markets. Originality/value – This study contributes to the growing body of literature on women entrepreneurship in emerging markets by focusing on SMEs, an area often under-researched. It highlights the importance of contextual factors, offering practical recommendations for stakeholders to create a more a supportive atmosphere for the success of women businesses.
Keywords
Women Entrepreneurs, Emerging Markets, Small And Medium-Sized Enterprises, Success Factors, Gender Equality, Business Growth, Financial Access, Structural Equation Modeling.
Citations
IRE Journals:
Jaimika Dighe, Dr. Amin Vohra, Prof. Dr. Ajay Trivedi "Factors Affecting Women Entrepreneurs’ Success: A Study of Small- And Medium-Sized Enterprises in an Emerging Market." Iconic Research And Engineering Journals Volume 9 Issue 4 2025 Page 1091-1103
IEEE:
Jaimika Dighe, Dr. Amin Vohra, Prof. Dr. Ajay Trivedi
"Factors Affecting Women Entrepreneurs’ Success: A Study of Small- And Medium-Sized Enterprises in an Emerging Market." Iconic Research And Engineering Journals, 9(4)
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