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Entrepreneurship and source of finance: The case of Indian women microentrepreneurs
Author(s) -
Kumari Priyanka,
Mor Surender
Publication year - 2021
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/jsc.2427
Subject(s) - entrepreneurship , women entrepreneurs , business , marital status , finance , entrepreneurial finance , service (business) , small business , economic growth , economics , marketing , sociology , population , demography
Abstract Enterprise characteristics like the firm's age, nature of business activities, and location of the firm are significantly associated with the funding of women microentrepreneurs, where the role of entrepreneurial traits like age, education, and marital status turned insignificant. The microenterprises having more years into operation engaged in manufacturing and service business activities and operating from home locations have shown more inclination toward self‐raised finance to meet their business finance requirements. There was found a dire need for opening up the trading business segment away from home locations, besides explicitly professionally addressing the need for finance in microbusinesses managed by women in the rural area.