Factors of Women Entrepreneurs’ success in Small and Medium Enterprises (SMEs) in Bangladesh





Women entrepreneurs, Small and medium enterprises, success factors, motivational, networking, resource availability


Main objectives: The success of women entrepreneurship depends on different social and economic aspects. The success of women entrepreneurs in Bangladesh is also very challenging especially in the southern part of the country. This study aimed to investigate the key factors affecting the success of women entrepreneurs in SMEs in Faridpur city. Background problems: Lots of studies and discussions have been taken place regarding the role of women entrepreneurs across the world. As well as the success of women entrepreneurs in Bangladesh is also very challenging especially in the southern part of the country. Novelty: The study took into consideration the broad factors contributing to women entrepreneurship and applied such factors in particularly in the Faridpur district. Research Method: This study was conducted on 67 women entrepreneurs (N=67) of Faridpur city using a convenient sampling technique. The collected data were processed and then analyzed using SPSS. Structural equation modelling was applied to test hypotheses. Findings: The study revealed a bunch of factors that affect the success of women entrepreneurs among these psychological and motivational factors affect significantly and positively the success of women entrepreneurs in SMEs. Contribution: The survey results also show that women entrepreneurs face a range of challenges including financial, technological, lack of proper training, family and mentor supporting, competent staff, and networking for doing business in Bangladesh. Conclusions: The descriptive statistics, correlation, and regression analysis were carried out to identify the important determinants of the success of women entrepreneurs. The implications of this study are elaborated along with some recommendations.

Author Biographies

Nusrat Sharmin Lipy , University of Barishal

Mrs Lipy is currently working as an Assistant Professor of Department of Management Studies, Faculty of Business Studies at University of Barishal, Bangladesh. She has obtained her BBA and MBA degree from university of Dhaka. Her current research interests include Human Resources Management (HRM), Women Entrepreneurship, Corporate Social Responsibility (CSR), Information System (IS), Tourism Management etc.

Md. Mahmudul Hasan, University of Barishal

Mr. Hasan has obtained his BBA and MBA from university of Barishal.

Md. Habibur Rahman, Noakhali Science and Technology University

Mr. Rahman has completed his BBA and MBA from University of Dhaka from department of Management. Now, he is serving as assistant professor of Management Information systems department at Noakhali Science and Technology University. His research area is mainly Business management, Digital Marketing, Business analytics etc. He has 9 publications and is working on different research project.


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How to Cite

Lipy, N. S. ., Md. Mahmudul Hasan, & Rahman, M. H. (2021). Factors of Women Entrepreneurs’ success in Small and Medium Enterprises (SMEs) in Bangladesh. International Fellowship Journal of Interdisciplinary Research, 1(2), 127–138. https://doi.org/10.5281/zenodo.4728227