Malaysian government is currently pushing and encouraging for women involvement in entrepreneurship, which will ultimately stimulate the country's economy. Furthermore, concerns regarding the survival and sustainability of business and women entrepreneurs have been brought up by the leadership, despite governmental recognition. The journey towards business success among these women entrepreneurs, especially those from developing countries, may be further complicated by the lack of competencies. Thus, the present study is aiming to propose a model for women business success aligning with the role of social capital and entrepreneurial competencies. It has utilised 6 dimensions of entrepreneurial competencies, which are: strategic competencies, commitment competencies, organizing competencies, relationship competencies, commitment competencies, opportunity competencies and conceptual competencies. In developing countries, social capital is a topic of interest that has yielded positive effect on business performance. It is resources that can be accessed by entrepreneurs via personal network, allowing them to identify opportunities, mobilize resources and ensure the legitimacy of their operations. For this study, social capital have been used as a moderating effect. Structural Equation Modeling (SEM) has been employed as the main statistical technique in this study.

The Malaysian government's objective of wanting to establish rapid growth of women entrepreneurs is a high priority, while the long-term sustainability and survival of business are also given similar importance. Malaysian government actively promotes women's involvement in entrepreneurship with the aim of stimulating the country's economy. However, many women entrepreneurs, especially in developing countries, lack competencies. Thus, the present study aims to propose a model for women business success that aligns with entrepreneurial competencies It has utilised 6 dimensions of entrepreneurial competencies, which are: strategic competencies, commitment competencies, organizing competencies, relationship competencies, commitment competencies, opportunity competencies and conceptual competencies. Structural Equation Modeling (SEM) has been employed as the main statistical technique in this study. Overall, the study has found that only four of the independent variables (i.e. elements of entrepreneurial competencies), namely relationship, opportunity, organizing and commitment competencies have significant relationships with women's business success. The remaining 2 domains, strategic competencies and conceptual competencies have revealed to be not significant. The findings are likely to be useful to SMEs, as they have highlighted the necessity of focusing on training to yield increased effectiveness. The model from this study will also further contribute towards the development of literature review related to the favourable outcome for women entrepreneurs.