Authors : Tan Pei Kian, Chong Xin Mi and Cedric Choong Ee Chun
Abstract: Since, early 1970s, there are more female involved in conventionally male dominated and task oriented occupation. The obligation of female has extended from families to society. They are motivated from employee to entrepreneur. Female are playing a role in driving the economy to move forward. They contribute in developing world economy through poverty elimination, encourage creativity and innovation and create job. However, there are always unseen and potential barriers that prevent female to start-up a business. In this study, there are four barriers have been identified which may have influence female in deciding to become an entrepreneur. The four barriers identified in this study consist of fear of failure, lack of resources, family concern and traditional society. To investigate the relationship of each barrier towards female entrepreneurial inclination, the study aims to office ladies as targeted respondents. The results collected shows that three of the hypotheses are supported. Fear of failure is found to be not a significant factor that influences the declination of women entrepreneurship. Lack of resources, family concern and traditional society are found as factors that influence women entrepreneurship declination. There are some major key findings obtained from this study. Overall, most women have the desire to become entrepreneur. Profit making is their trigger. However, majority respondents cannot find balance between their career and family. Most of them choose to give up family when there is conflict with their working.
Tan Pei Kian, Chong Xin Mi and Cedric Choong Ee Chun, 2016. An Exploratory Study on the Factors That Influence the Declination of Women Entrepreneurship. International Business Management, 10: 4098-4106.