Factors Influencing Women Entrepreneurs’Business Success in Somalia

Nimco Salah Guled, Burcin Kaplan

Abstract


Globalization has dramatically changed the role of opposite genders in world business. Today women entrepreneurship is increasing significantly in all over the world. However, it is widely recognized that women entrepreneurship is not only important for economic growth but also vital to improve the living standard of societies. Despite of these facts, women’s contribution in entrepreneurship is lower than men’s in nearly all societies and various factors are effecting on their success. Thus, the purpose of this study is to elaborate the factors such as financial capital, fund support, socio economic influence, market & network and government influence on the success of women entrepreneurs business in Somalia. Nonetheless to identify these factors impact, researcher chose quantitative research base study with primary data. Women entrepreneurs from SME (Small & Medium Enterprises) in Somalia were selected as target sample and total of 100 sample size was chosen. Questionnaire was used as instrumentation of data collection. Additionally, convenience sampling was carried out to select target respondents for collect the data. Moreover, Bivariate and reliability analysis was carried out with the help of SPSS (statistical Package for social sciences) for data analysis. Main findings reveals that government support, market& network, fund support and market & network factors are significantly impact on women entrepreneur in Somalia. Moreover no significant impact was found for the socio economic factors on women entrepreneur business success.


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References


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DOI: https://doi.org/10.5296/rbm.v5i1.12341

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