Impact of education and training on performance of women entrepreneurs

Abstract

Purpose – The purpose of the paper is to find the relationship between education and training and performance of women entrepreneurs (WEs). The present study found that entrepreneurial education stimulates women to take up entrepreneurship as a career option. Design/methodology/approach – Also the findings of the study show that WEs lack the time for upgrading their skills and also need training for developing their skills. The methodology includes empirical study, collection of data and analysis with the help of SPSS, correlation method to find the relationship between education and training of WEs. Findings – Getting appropriate education helps them with finding sources of innovative ideas and converting these ideas into enterprises. The study also revealed that due to constraints in the time availability and resources, WEs find it hard to train themselves and equip themselves with the recent developments in technology and the market. Research limitations/implications – Moreover, the study findings suggest that providing them with professional training and skill development programme would help the women students to launch their businesses. The data colleted is only from India. Practical implications – The paper also discusses the managerial implications and research implications of such a study. The study shows that there is a significant relationship between providing entrepreneurial platform and education to the women to start up their ventures. Social implications – The study findings suggest that there is a lack of societal support for women entrepreneurship. Entrepreneurship is still expected to be a male-dominated field, and it may be difficult to gain the society's support for WEs. The women entrepreneurship can also provide a tool for social upliftment for below poverty line people. Originality/value – Moreover, the study findings suggest that providing them with professional training and skill development programme would help the women students to launch their businesses. The paper also discusses the managerial implications and research implications of such a study.

How Innovation Encourages Self Efficacy to Support Business Start Up Success?

“…The spirit of the training participants is the evidence that innovation is capable to increase the self-efficacy of the participants and also giving impact to the community outside the training area. This is also in accordance with the research finding of Rauth (2014), that a suitable education assists them in finding an innovative idea and changing the idea in a company. The training gives an impact in the selling of banana trunk chips, now the banana trunk chips are well known in Jombang regency and have become the specific snacks and a tourist must buy food.…”

“…He pointed out that training on business is able to increase the micro business performance and has other positive results such as, increasing motivation, success, and businessman perception. Rauth (2014) research result presented that the existence of suitable education/training, assisted the participants in obtaining innovative ideas and converting them in the business/company. It takes three months for the development product of banana trunk chips that was conducted in the first phase training.…”

21st Century Challenges Confronting Women Entrepreneurs in Southwest Nigeria

“…Ambassador's Small Grants Program et al (Motilewa, Onakoya, & Oke, 2015). Women entrepreneurs need appropriate education, entrepreneurial knowledge, business training such as skill development, time management, et al, for their business to grow (Broto, 2014). It is beneficial to have formal education to boost entrepreneurship and business performance (Islam & Amin, 2016;Iversen, Malchow-moller & Sorensen, 2016).…”

Environmental effects on women-LED SMEs in Asia: from institutional perspective

“…It puts together several facets that deal with practices, knowledge, and skills of women that needed for business in developing economies in the Asia such as the lack of education opportunities, lack of chances for obtaining formal work experience, lack of networking opportunities, and lack of training in the business or external world. Bhardwaj (2014), studying the case of Indian women entrepreneurs, indicates that having access to appropriate education enables them ? nding sources of innovative ideas and thus converting these ideas into practice in their enterprises.…”