Article
Economic Empowerment

Factors affecting Women Entrepreneurs in Bangladesh: A Sociological Study

Date: 07/07/2023
Author: Mohammed Aminur RAHAMAN, Hilal Ahmad DAR
Contributor: eb™ Research Team

The most significant players in Bangladesh's economy are entrepreneurs, yet little is understood about what drives them, how they form, and why they are successful. Studies on women are notably lacking. This study aims to identify the key impediments and variables affecting female business owners in Bangladesh. Studies found that insufficient capital, sales promotion, gender discrimination, illiteracy, a lack of technical help and training programs, a lack of managerial knowledge, are the main issues. Women still do not participate in traditional economic activities to a sufficient extent. The current study also noted that a variety of factors, including parenting responsibilities, access to a market and informational network, start-up capital, knowledge and skill sets, and financial flexibility, influence women's decisions to establish their own enterprises. The results shown from the previous studies found that while financial accessibility has a positive effect on women's entrepreneurial development, knowledge level has a constructive link with it. Making financial support available for knowledge creation is essential.