Motivational Factors Instrumental in the Emergence of Women Entrepreneurship

Abstract

Entrepreneurial Development makes a powerful impact on the development of the country. The economic, legal, social, political and technological factors which influence the motivational factors thus leading to successful entrepreneurship. The present investigation was carried out in Mumbai and suburbs to understand the motivational factors instrumental in the emergence of women entrepreneurship. Total 160 respondents were interviewed with the help of semi structured questionnaire. Descriptive analysis revealed some very important motivation factors. It is observed that utilization of technical and professional skill has been the top most motivational factor for starting the business, followed by income and sense of achievement. It is also observed that most of the entrepreneurs have taken to present fine of business since other have been doing well in similar lines.