Phenomenological Study of Women Entrepreneurs and Their Impact on Socioeconomic Growth in Malaysia
Abstract
This study analyzes women entrepreneurship and socioeconomic growth in Malaysia. In this research, four factors and obstacles facing entrepreneurial growth were identified. To answer these four objectives, the research was conducted using a focus group method. A selected group of 10 female entrepreneurs were interviewed online focus group discussions. A structured questionnaire was also distributed to the 10 participating entrepreneurs which was analyzed using the NVIVO software package. The research results were tabulated based on four themes and subthemes. In conclusion, this research has established a socioeconomic model of women’s entrepreneurship in Malaysia. The causal relationship model configures variables as the main guide for stakeholders and entrepreneurial practitioners. This research is a phenomenological study of women’s entrepreneurship and its influence on their socioeconomic growth in Malaysia. The study provides implications for stakeholders in overcoming women’s entrepreneurship problems and obstacles to women’s business growth. Further research on women’s entrepreneurship in industrial and business sectors is recommended.
Keywords: women entrepreneurship, social economic growth
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