Challenges faced by women entrepreneurs: Role of ownership

Abstract

This study aims to investigate the challenges faced by women entrepreneurs in India. In addition, this study also examines the influence of type of ownership on challenges faced by women entrepreneurs in India. Therefore, this study deployed the survey questionnaire method to collect the data. In addition, we deployed rank method and ANOVA to test the proposed relationship. The data was collected from 600 women entrepreneurs using a survey questionnaire. The results show six most prominent challenges faced by women entrepreneurs to start a new business as follows: (i) entrepreneurial skills, (ii) existence of conventional social framework, (iii) imbalance between personal and professional life, (iv) government support and subsidies, (v) personal factors, and (vi) financial challenges. In addition, we found strong influence of type of ownership on emerged challenges.