A study to assess the impact of entrepreneurship on women empowerment

Abstract

Entrepreneurship is an area where few women wish to venture. In spite of being looked upon as a risky venture of late a lot number of women entrepreneurs are witnessed. The study focuses on identifying the factors empowering women entrepreneurs, association between the profile variables and empowering factors, association between the empowering factors and perceived difference in sole proprietorship and partnership form of entrepreneurship. For the purpose of the study data was collected from 200 respondents in Salem district by using convenience sampling. 100 respondents from sole proprietors and 100 respondents are in partnership business. The data was collected with the use of structured questionnaire. The tools used for analysis arc Factor analysis, ANOVA, correlation, multiple regression and independent t test. The factors identified are financial independence, social recognition, attitude, self-improvement and leadership quality. Leadership Quality and Financial Independence are the most empowering factor in sole proprietorship. The most empowering factor among the partnership form of business is Financial Independence and Attitude.