Mangalmay Journal of Management & Technology
  • Year: 2011
  • Volume: 5
  • Issue: 1

Women entrepreneur: A step forward

  • Author:
  • Rahul Goyal1, Rajiv Jain2
  • Total Page Count: 15
  • Page Number: 49 to 63

1Director, Mangalmay Institute of Management & Technology, Greater Noida. Mobile No.: 09873431341, e-mail ID: rahulgoyal1972@gmail.com

2Assistant Professor, Mangalmay Institute of Management & Technology, Greater Noida. Mobile No.: 09811739207, e-mail ID: rajiv_jain5@rediffmail.com

Online published on 13 February, 2013.

Abstract

In the era of Liberalization, Privatization and Globalization along with ongoing IT revolution, today's world is changing at a surprising pace. Political and Economic transformations appear to be taking place everywhere-as countries convert from command to demand economies, dictatorships move toward democratic system, and monarchies build new civil institutions. These changes have created economic opportunities for women who want to own and operate businesses.

Today, women entrepreneurs represent a group of women who have broken away from the beaten track and are exploring new avenues of economic participation. Among the reasons for women to run organized enterprises are their skill and knowledge, their talents, abilities and creativity in business and a compelling desire of wanting to do something positive. It is high time that countries should rise to the challenge and create more support systems for encouraging more entrepreneurship amongst women. At the same time, it is up to women to break away from stereotyped mindsets.

This paper focuses on the concept of woman entrepreneurs in India; their traits in business, the motivating factor & problems faced by them when they set up and make some suggestions for future prospects for development of Women Entrepreneurs.

Keywords

Entrepreneurship development, Women entrepreneurs