“You can tell the condition of a nation by looking at the status of its women” - Jawaharlal Nehru
The term entrepreneur was originally loanword from French and was first defined by the Irish French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to help and launch a new venture or enterprise and accept full responsibility for the outcome. Jean-Baptiste say, a French economist, is believed to have coined the word “Entrepreneur” in the 19th century. He defined an entrepreneur as one who undertakes an enterprise, especially a contractor, acting as intermediately between capital and labour.
We have assessed the importance of women’s entrepreneurship as well as society. Women entrepreneur networks are major sources of knowledge about women’s entrepreneurship and they are increasingly recognized as a valuable tool for its development and promotion. The present condition of our country shows the reasons for women becoming entrepreneurs. Innovative thinking, new challenges and opportunities for self fulfillment, employment generation, freedom to take own decision and are independent, Government policies and procedures. Family occupation need for additional income bright future of their wards success stories of friends and relatives. Role model to other, support of family members, education and qualification self identity and social status. As we still do not know enough of the entrepreneurial process and women we have argued the better knowledge about the economic importance of women’s entrepreneurship and their particular strengths, weaknesses and opportunities is central. As low rates of women’s entrepreneurship are both related to the status of women and the status of entrepreneurship, we have suggested that increasing the abilities of women to participate in the labour force and generally to improve the position of women in society and generally increase the possibility to engage in entrepreneurship is central. However, more targeted initiatives are also needed to support women entrepreneurs and would be entrepreurs.
Cite this article:
Sunita Jain . Challenges Faced by Women Entrepreneurs in India. Research J. Humanities and Social Sciences 2015; 6(3): 213-217 . doi: 10.5958/2321-5828.2015.00027.3