Leveraging Economy through MSMEs: Recent Trends and Challenges of Women’s Entrepreneurship in South India
Journal Title: Journal of Entrepreneurship, Management and Innovation - Year 2016, Vol 12, Issue 4
Abstract
The new millennium is seen as an epoch of entrepreneurship with entrepreneurs perceiving novel opportunities, organizing resources, undertaking risks to pursue their goals in establishing innovative ventures for scaling new horizons. Women entrepreneurs have the potency to confront numerous challenges, such as creating equity, equilibrium, ensuring sustainable and inclusive socio economic development in divergent economies, by seizing tremendous business opportunities in the contemporary commercial world. Kerala, the southern State of India, is experiencing an economic renovation through technological transformation and, in particular, through the growth of women oriented Micro, Small and Medium Enterprises (MSMEs). The study aims to; identify the growth trends of women’s entrepreneurship in the micro enterprises of Kerala; examine whether women’s entrepreneurial activities significantly vary across the form of women owned enterprises, type of organization and nature of activity; and also explore the prospects and challenges faced by women entrepreneurs through micro entrepreneurial activities. Research methodology involves the application of descriptive quantitative analysis on the secondary data primarily collected from the database of Directorate of Industries and District Industries Centre for a period of 7 years extending from 2007-08 to 2013-14. Findings reveal that MSMEs spawn better income distribution, by operating in heterogeneous areas of the economy with limited capital and creating more employment opportunities, thereby reducing poverty and inequalities. The trend analysis reflects an escalation in the number of enterprises, investments, profits and employment opportunities generated especially through micro enterprises of women. They play a crucial role in the economy in terms of creating self employment and generating employment opportunities for others. A paradigm shift is seen in the role of women’s entrepreneurship in terms of innovation, attitudes, leadership qualities, competitiveness, entrepreneurial skill and absorbing new entrants to the job market, empowering marginalized women.
Authors and Affiliations
Nisha K. M, Mohd Asif Khan
Keywords
Related Articles
- EP ID EP237649
- DOI 10.7341/20161246
- Views 111
- Downloads 0
The Impact of Trust on Entrepreneurship in Poland
In the global rankings of generalized trust, Poland occupies a lowly positon. Only 1/3 of Poles have a strong trust in strangers and roughly the same number believe that trust in business generally pays of. At the same t...
The KM Times They Are A-Changin’
This paper traces the changes in the development of the field of knowledge management (KM) over time, through a review of the representative literature and the author’s own research. The paper starts by going back to the...
The Themes of Entrepreneurship Discourse: A Data Analytics Approach
Scholars are devoting heightened attention to the language of entrepreneurship and to its influence on the cognition, behaviors, and outcomes of entrepreneurs and their stakeholders. However, the primary themes that cons...
Building a Model of Successful Collaborative Learning for Company Innovativeness
The aim of the paper is to develop a model of successful collaborative learning for company innovativeness. First of all, the paper explores the issue of inter-firm learning, focusing its attention on collaborative learn...
Patent Licensing in Selected European Countries
The issue of the commercialization of patents, as an exemplification of the industrial property, is mostly considered at the microeconomic level. Patent commercialization belongs to the innovation management process, whi...