Evaluating the Effect of Female Entrepreneurial Experience on Start-Ups in Nigeria

Abstract

The study aimed to explore the effect of female entrepreneurial experience on startups in Nigeria. The data were acquired from the female entrepreneurs and a self-administered questionnaire was used as a collection of data. Linear regression was used to test the proposed hypotheses using the latest version of SPSS. The entrepreneurial success can occur with entrepreneurial experience. Economic and political instabilities disturb not only startup success but also the business of entrepreneurs. Due to the economic and political instability in Nigeria, female entrepreneurs believe that their startups are insecure. In developing countries like Nigeria, the earnings of startup owners are too less to maintain expenditures. These startups should have rewards and recognition programs to motivate and satisfy their employees. This research will help policymakers to make effective policies for women entrepreneurs.

Keywords: Female Entrepreneurship, Experience, Startups, Political Stability, Entrepreneurial Knowledge.

DOI: 10.7176/EJBM/13-6-10

Publication date:March 31^st 2021