Factors Affecting the Women Entrepreneurship Development in Small and Medium Enterprises (SME) in Bangladesh- An Evaluative Study

Abstract

Women entrepreneurs contribute significantly to the development of the economy of Bangladesh. The paper aims to analyze the factors affecting the women entrepreneurship development in small and medium enterprises (SME). A thirty one item questionnaire with Likert type scale was used for collecting data in this study. During data collection, convenience-sampling technique was used. Data for the study were collected from hundred respondents, who were the manager or owner of different organizations, were asked to rate themselves on the printed survey materials. Collected data were analyzed using the sophisticated statistical technique “Factor Analysis” nine Principal Component Analysis. The study revealed that six factors affect the women entrepreneurship development in SME based on factor loadings and named as government and administrative factor, financial support factor, strategic management factor, political and legal factor, infrastructural factor and entrepreneurship education factor.

Keywords: Factor analysis, Women entrepreneurship development