Compare the Characteristics of Male and Female Entrepreneurs as Explorative Study

21st Century Challenges Confronting Women Entrepreneurs in Southwest Nigeria

“…Women are believed to have a lower interest in entrepreneurship compared to men (Chinonye et al;. According to Shmailan (2016), the following are the differences between male and female entrepreneurs.…”

“…The word entrepreneur comes from the French word "entreprise," which means to "undertake" (Cunningham, & Lischeron, 1991). The word entrepreneur was first used by Cantillion in the early 1700s to describe someone who takes a risk by purchasing certain things at one price and by selling another unknown price (Shmailan, 2016). Stam & Spigel (2017) asserted that Entrepreneurship is a course of action by which a person generates prospects for innovation leading to more and unique contributions to society.…”

“…Global Entrepreneurship Monitor (GEM) estimates that worldwide, more than 187million women are engaged in activities classed as entrepreneurship (Bosma, Wennekers, & Amorós, 2012). Every day entrepreneurs generate economic growth, create new jobs, form new businesses, increase exports, reduce imports, and foster creativity and innovation (Shmailan, 2016). Entrepreneurs are opportunists who must always be aware of the ever-changing environment around them (Bolton & Thompson, 2000).…”

Influence of women entrepreneurs characteristics on personal well-being in Arumeru District in Tanzania

“…However, the definitions show that, an entrepreneur is an individual, a man or a woman, who has a business idea and implement it by setting a business. Or anyone who starts and manages a business; or the owner, manager of business venture and one who is willing to take risks of owning business firms (Busenitz and Barney, 1997;Mongula, 2004;Eroğlu and Piçak, 2011;Isaga, 2012;Shmailan, 2016;Kapinga and Montero, 2017). In the context of this article, the concept is taken to mean any woman entrepreneur who own and Kabote 317 run a micro-business that offers employment up to 4 employees (United Republic of Tanzania, 2003;Isaga, 2012).…”

“…Women entrepreneurs in Tanzania and in sub-Saharan Africa normally deal with micro enterprises or micro-businesses related to food vending, hair making, tailoring and shops in retail and wholesale, among others (Gichuki et al, 2014). Literature including Spevacek (2010), Shmailan (2016) and Kapinga and Montero (2017) conclude that women entrepreneurs tend to have common characteristics that determine growth and performance of their business. These characteristics include participation in entrepreneurial activities, and creation of new products and services.…”