A STUDY OF FACTORS AFFECTING FEMALE ENTREPRENEURIAL INTENSION

Abstract

Entrepreneurship plays a very important role in achieving development goals for a country. This study investigates the factors that affect female entrepreneurs' intentions. Accordingly, the primary objective of this study was to identify the factors that affect female entrepreneurs' intentions. For this purpose, 40 female entrepreneurs from the Balangoda divisional secretariat were sampled. The sample was selected using the simple random sampling method, and data were collected through a questionnaire and interview method. A multiple regression test was conducted to study the relationship between the intentions of female entrepreneurs and the factors considered. It was identified that Economic Factors, Social & Cultural Factors, Motivation, and Security have a positive effect on the intentions of female entrepreneurs. Thus, it is important to focus on these identified factors to uplift women as entrepreneurs, providing them with the opportunity to develop their entrepreneurial abilities. To achieve this, conducting training and awareness programs is essential. Through these initiatives, women will have the opportunity to flourish as entrepreneurs.