Syllabus Gender bias and women entrepreneurs Women Entrepreneurs The Government of India has defined a woman entrepreneur as - “an enterprise owned and controlled by a woman having minimal financial interest of 51% of the capital and giving atleast 51% of the employment generated in the enterprise to women.” Problems Faced by Women Entrepreneurs Family Ties Male dominated society Lack of education Social barriers Shortage of raw materials Problem of finance Tough Competition High Cost of production Low risk bearing capacity Limited mobility Lack of entrepreneurial aptitude Limited managerial and marketing ability Legal Formalities Exploitation by middle men Lack of self confidence Lack of technical know-how Advantages of Women Entrepreneurs – Len Williams Emotional Intelligence Multitask Orientation Self – branding attitude Patience Motivation How to Develop Women Entrepreneurs Better educational facilities and schemes Adequate training programmes on management skills Vocational training Making provision of marketing and sales assistance from government part. Financial institutions should provide more working capital assistance Infrastructure District Industries Centres and Single Widow Agencies Programmes for encouraging entrepreneurship Involvement of Non Governmental Organisations Entrepreneurs V. Intrapreneurs Entrepreneurs are people that notice opportunities and take the initiative to mobilize resources to make new goods and services. Intrapreneurs also notice opportunities and take initiative to mobilize resources, however they work in large companies and contribute to the innovation of the firm.
Intrapreneurs often become entrepreneurs.
Entrepreneurship: Corporate INTRA-preneurs
Intrapreneur = someone in an existing organization who turns new
ideas into profitable realities.
Not every employee has the ability to become a successful intrapreneur.
It takes well-developed strategic action, teamwork and communication abilities.