Women Entrepreneurship in Bangladesh: Influential Factors of Women Participation in SMEs Area

Entrepreneurship is the dynamic process of generating, planning and building something original with value by bestowing the essential moment in time and attempt, assuming the associated psychical, output, innovation and employment, social risks, fiscal and getting the resulting rewards of commercial and personal satisfaction and freedom. The paper has been undertaken with an objective to examine the women entrepreneurship in Bangladesh: influential factors of women participation in SMEs area. Several factors are forceful tool to influence women participation in SMEs area. The paper examines financial, technological, psychological, hard work, business plan, knowledge & skills, family, socio-cultural, security, training programs, administrative, taxation, regulatory, geographical, political condition that affect women participation in SMEs area. The data is collected from 270 women entrepreneur by survey method through a structured questionnaire with five-point Likert scales & multiple items. Convenience sampling technique is applied. Data are analyzed using frequency analysis, factors analysis, and regression analysis. Thus, the factor analysis may be considered an approximate technique for analyzing the data. Using varimax rotation, reducing the 15 variables, the study has acquired 5 uncorrelated factors having Eigen value greater than 1. Those factors like training programs factors, financial factors, technological factors, knowledge & skills factors, family factors. From the outcomes of regression analysis, the research is found that training programs factors, financial factors, technological factors, and family factors as the vigorous features, which effect on women participation in SMEs area. The consequences of this study may be used by government and non-government area, rural development academy, policymakers and even investigators to stimulate women participation in SMEs area in Bangladesh.