The important role of woman entrepreneurship in development of Indian economy

This research proposal focuses on the important role of woman entrepreneurship in the development of Indian economy. It explores the challenges faced by women entrepreneurs and the factors responsible for their success. The research methodology includes both qualitative and quantitative data collection methods. The sample size for the research is 50 women entrepreneurs who are running their own business in India. The findings of the research will provide valuable insights to the policymakers, researchers, and entrepreneurs to promote women entrepreneurship in India.

Running head: Research 1
Research Proposal
The important role of woman entrepreneurship in development of Indian
economy

Research 2
Contents
1. Introduction.............................................................................................................................................3
1.1 Research Background........................................................................................................................3
1.2 Aims and Objective...........................................................................................................................4
1.3 Research questions............................................................................................................................4
2. Literature Review....................................................................................................................................5
3. Methodology:........................................................................................................................................10
3.1 Philosophical approach....................................................................................................................10
3.2 Research logic.................................................................................................................................10
3.3Research Method..............................................................................................................................11
3.4 Collection of the Data......................................................................................................................12
3.5 Data Analysis...................................................................................................................................13
3.6 Challenges and Limitations.............................................................................................................14
3.7 Ethical matters.................................................................................................................................14
4. Research timetable.................................................................................................................................14
5. Conclusion.............................................................................................................................................17
References.................................................................................................................................................18

Research 3

Research 4
1. Introduction
1.1 Research Background
The research is made on the topic ‘The important role of woman entrepreneurship in
development of Indian economy’. The research focuses on the vital areas which influence the
role of women entrepreneurship in development of Indian economy. Entrepreneurship is
attaining importance in modern era which is a global phenomenon. As per Chavan and Murkute,
(2016), Entrepreneurship development is beneficiary for the developed countries. On the other
hand, the role of entrepreneur has changed in developing countries such as India in recent past.
It is the process of encouraging self-employment. It has been found that entrepreneurship is not a
male privilege. It has been evidenced by Brahmbhatt, (n.d.), that women entrepreneurship has
attained momentum in the last three decades with amplify in the number of women endeavour
and their substantive involvement to the development of the economy in the country.
As per Pal, (2016), women entrepreneur has to face various challenges in the industry such as
lack of wealth, socio-cultural barriers, lack of support from family and lack of capital. It has been
found that 15.1 percent of women corporate in transportation and warehousing industry, 13.5
percent of women corporate in Mining and oil and gas removal, 10 percent of women corporate
in Administrative support and waste management remediation service (Pal, 2016). Women have
to face several challenges because people around her feel that the women should be obliged
towards her duties of handling her families. However, government of India has implemented
various positive steps to bring improvement in the policies which encourage to women
entrepreneurship in India.

Research 5
The research will be considering to several sources of information and by taking a specific
method of the research. The proper timeline frame is given in the research to define the findings
of the research.
1.2 Aims and Objective
The major aim of the research is to recognize the important role of woman entrepreneurship in
development of Indian economy. This also narrates the liable factors which increase the
productivity of the employee in an adequate manner.
The main objectives of the research are:
 To explore the importance of women entrepreneurs in India.
 To critically analyse the aspects accountable for the achievement of the Women
Enterpreneur.
 To find out confronts faced by women entrepreneurs.
1.3 Research questions
Q1. What role is played by the women entrepreneurs in the economic development of India?
Q2. What are the major factors which cause challenges for women entrepreneurship?

Research 6
2. Literature Review
Pal, (2016), evaluated and compared the diverse research completed on the entrepreneurship
considering women entrepreneurship. It outlines the several studies in different way that the
women entrepreneurs are comparatively educated usually but perhaps not in the administration
skills. It has been analyzed by JayaKumar and Kannan, (2014), that many challenges are faced
by women while handling the responsibilities of business which being the cause of overlapping
of responsibilities of family and business, less risk bearing capacity, illiteracy among rural
women with the enhancing interest of government in women entrepreneurship made it as an
chance for women. It is highlighted by Sharma, (2013), the development methods for women
entrepreneurship which are adequate training programs, educational facilities and making special
target groups for female entrepreneurs.
It has been analyzed that the role of women entrepreneurs in the growth of the Indian economy is
huge and they contribute in the enlargement of a country through two ways. Initially they
contribute in the development of economy by improving in per capita income, capital formation,
innovation and developing the employment. After that their contribution is huge in social
development such as improvement in living standard, balanced regional growth and innovation
(Malyadri, 2014). Field, Jayachandran and Pande, (2010), also endeavoured to connect women
entrepreneur and economic growth and it has been found that economic growth of India is
influenced by women entrepreneur significantly such as increase saving that outcome
enhancement in working capital, enhance business volume and enlarge in purchasing power.
According to Behara and Niranjan, (2012), women entrepreneurs have to face various challenges
in India in the development of economy as they have to choose between family and career, lack

Research 7
of financial assistance, socio cultural barriers and low level of education. It has been focused on
issues of women entrepreneurs in rural areas and these issues are analyzed by Pharm and
Sritharan (2013), through weighted ranking method. The first rank was given to require of firm
leadership and the respondents given the second rank for lack of financial support. The third rank
was given to lack of systematic working and planning.
Rathee and Yadav, (2017), stated that perception of the society is changing towards women and
due to pressure of government women have initiated to involve in the economic growth. There
are more than 55% enterprises are functioning in rural areas which 45% around share in urban
areas. It has been found that approx 3 million businesses are operating in India those are
completely and partially managed by female entrepreneurs (Goyal and Parkash, 2011).
Figure 1: Classification of women owned enterprises
Source: (Rathee and Yadav, 2017).
The above mentioned table depicts that there is a major contribution of women in micro category
businesses which is approximately 98% chased by small and medium level businesses.

Research 8
Figure 2: Percentage Distribution of Enterprises by Gender of Owner in Rural and Urban
Areas
Source: (Rathee and Yadav, 2017).
The above mentioned table shows that the percentage of women-managed enterprises is vaguely
superior in rural areas in comparison of urban areas. There are various step have been initiated
by government for women entrepreneurship in rural areas in India that is Udyogini, The
Federation of Indian Women Entrepreneurs (FIWE), WADI Program, Ministry of small scale
industries and ministry of agro and rural industries and Start-up Accelerator Chamber of
Commerce-INDIA. It has been analyzed that recently government has launched schemes such as
ASPIRE which is launched in 2015 for promoting entrepreneur in agro industry. Revamped Coir
UdyamiYojana (CUY) & Coir Vikas Yojana (CVY) scheme offers 40% in the form of Govt.
Subsidy and 5% in the form of contribution for creating of coir units with cover approx .10.00₹
lakh as a project cost (Rathee and Yadav, 2017). Along with that in present era, government has
functioned approx 27 schemes for women by various departments and ministries.
It is not possible to imagine the entire world without women that is why women entrepreneurial
development is required support due to entrepreneurial development because it is not possible
without the participation of women in it. Thus, it is required to have the healthy environment to
been enabling women to contribute in entrepreneurial activities (Datta and Gailey, 2012). It has

Research 9
been analyzed that government of India has initiated to conduct programs such as training and
development cum employment so that women can run the enterprise effectively. There are some
examples of successful women entrepreneur in India such as Indu Jain, Kiran Mazumdar Shaw,
Indra Nooyi, Vandana Luthra, Ekta Kapoor and Suchi Mukherjee who can be effortlessly
phrased as role models for every Indian Female.
Hypothesis
H01: The activity of women entrepreneurial cannot decrease unemployment and poverty.
H02: The activity of women entrepreneurial has huge importance in the development of
economy of India.
Conceptual framework
The main aim of this research is to focus on evaluating the importance of women entrepreneur in
economic development.

Research 10
In the above conceptual framework it has been analyzed that women entrepreneur can get equal
position if they get proper training and development program, motivation techniques, support
from family and social equality.

Research 11
3. Methodology:
Methodology is an essential part of the research which provides detail understanding about the
methods, techniques and tools to conduct the research in appropriate manner.
3.1 Philosophical approach
Research philosophy develops the effective understanding and knowledge about the way in
which data about a phenomenon should be accumulated. The selection of effective study assist
researcher to recognize the process of information accumulating, evaluating and utilization of the
research process. The research philosophy can be categorized into three kinds such as positivism,
interpretivism and realism philosophy. The philosophy of positivism refers which accurate
knowledge is based on the measurements and observation. It allows researchers to reveal the
truth or fact by analysing statistical data and information (Mathew and Panchanatham, 2011).
Philosophy of realism is dependent on the reality which is remained in the environment. On the
other hand interpritivism philosophy helps the researchers to make the better understanding
about the issues of the research by gathering perceptions and sights of the participants. The
interpritivism philosophy is being taken to conduct the research because it helps researcher to
make valid conclusion regarding the role of women entrepreneur in the development of
economic. In contrast, the use of positivism and realism philosophy is not taken as there is no
need to use highly structured methodology such as evaluation of the research based on the
generalization (Taylor, Bogdan and DeVault, 2015).
3.2 Research logic
It is integral for the research to select the appropriate research design and method to accomplish
the research. In research logic, it is referred the two wide methods of reasoning as the deductive

Research 12
and inductive approaches. These research approaches facilitate to rationalize the utilization of
specific method of data collection and method for research project. Deductive approach can be
more effective with the positivism philosophy and inductive approach is effective with the
interpretivism philosophy (Schwartz-Shea and Yanow, 2013). Hypothesis is considered under
deductive approach in which different theories are used while inductive approach represents the
flexibility and it is not required to establish the hypothesis related to the issue of the topic.
Inductive approach is used for this research project. This approach facilitates the researcher to
gather the prejudiced knowledge about the concern of the research. It is helpful for the research
as it amplifies the reliability and validity of the research results. Due to effectiveness of this
approach, the research is enabled to gather data and develop the explicit conclusion to define the
role of women entrepreneur in the Indian Economy (Ravitch and Carl, 2015).
3.3Research Method
There are various methods to carry on the research such as qualitative method and quantitative
method. This research has taken help of both methods of research in which qualitative and
quantitative methods have been taken in mixture so that appropriate conclusion can be drawn
from the analysis of subjective along with the quantitative data. Quantitative research includes
the numerical data in which the statistical calculation is being observed to draw the conclusion. It
can be done by conducting surveys and experiments. On the other hand, qualitative method is
effective in which understanding is attained on the fundamental of motivations, opinions and
causes (Klenke, 2015). It can be done by conducting interviews, observation and focus groups.
Both of the approaches are helpful to derive the significant conclusion in the context of research
topic (Boblin, Ireland, Kirkpatrick and Robertson, 2013). The researcher used both approaches to

Research 13
gather data regarding topic because by using both kind of research, the strength of each method
can make up for the weaknesses of the other (McNabb, 2015).
3.4 Collection of the Data
Data gathering is the noteworthy component of the entire research as it aids in accomplishing the
research with proof and provides a significant conclusion. The data is been gathered by using
primary and secondary sources. The primary sources data are new and gathered very first time.
To gather the primary data, it is required to collect the information from the survey, group
discussion, interview, questionnaire, action research and case study, etc. on the other hand,
secondary data is considered as the used data which has been taken in use by other researcher to
meet their needs. Secondary data is generally published in articles which can be collected in an
easy manner by researcher. Along with that it can be gathered by using various resources such as
governmental reports, articles, journals, magazines, books, websites and online sources (Cottrell
and McKenzie, 2011).
The research is used both primary and secondary data to gather the relevant information on the
topic of “The important role of woman entrepreneurship in development of Indian economy”.
The use of primary data collection source is appropriate as it helps to make straight interface
with the people for better understanding about their views regarding the research concern. While,
the utilization of collection method of secondary data is appropriate to develop theoretical
understandings regarding the research issue. Various sources such as websites, articles, online
sources and journals are helpful to gather the secondary data (Marshall and Rossman, 2014).
Sampling strategy

Research 14
Sampling strategy is considered as the assortment of adequate contestants for the research study
to facilitate respond the questions for completing the research. Probability and non-probability
sampling are two kinds of method of sampling which facilitates researchers to choose the precise
examination from divergent population (Babbie, 2016). Probability sampling strategy is useful to
make the random sampling method which is used in the making of random selection of
participants. Random sampling method is an effective method that gives the equivalent
opportunity to get select in the research. Non-probability sampling strategy is the method that
does not give chance everyone to being selected. Random sampling technique is chosen for this
research (Nesto and Schutt, 2014).
3.5 Data Analysis
Data analysis methods are included the thematic/content analysis, statistical analysis,
conversational analysis and disclosure analysis which helps to analyse the collected data.
Statistical data is being used to gather the information in which MS-Excel software is utilized to
represent the data in graphs and tables to enhance the better understanding about the responses
and findings about the role of women entrepreneur in the economic development of India.
3.6 Challenges and Limitations
Research limitations affect the entire researcher and it cannot be controlled by researcher. It is
necessary for the research to mention the restraints so that the researcher can get know about the
limitations. The impact of limitations limits the development of the study whether it is controlled
by researcher or not (Wilson, 2016). Lack of time is one of the big limitations for this research.

Research 15
Entire population is not included due to short size of sample in the research. Lack of genuine
answer from the respondents is also the limitation for the research.
3.7 Ethical matters
This study includes ethical consideration which refers the ending of each task of research in valid
and ethical manner. It make ensured that the conducted research has been done with honesty and
genuinely. It represents that the reliability has been maintained and the users of research can trust
of the entire research. The confidentiality is maintained in an adequate manner and no
modification has been done with the data used in the research (Clifton, 2012). On the other hand,
the use of specific language is being taken for avoiding the similarity report to interpret the
collected data.
4. Research timetable
S.
No.
Actions were
taken in research
Time
duration
Justification of the steps
A preparation of the
research
1 week It is the primary stage where all the preparation is been
accomplished for remaining part of the research
process. It is considered as the roadmap for the entire
research.

Research 16
B Implementation of
plans
1 week In this step, the roadmap is been executed which build
in the first step. It is the second step where the plans
are carried out for further research.
C Collection of data 2 weeks Data will be accumulated for taking the research in to
the next level so that it can be analyzed in an
appropriate manner. Primary and secondary data will
be used to gather the information about the research
topic.
D Data Investigation 3 weeks After gathering the data, it will be assorted and
analyzed then it will be obtainable in the form of
tables and graphs.
E Discussion 1 week The discussion will be done on the analyzed data so
that the results can be drawn in an adequate manner.
F Conclusion 2 weeks The conclusion will be done on the basis of data
analysing and discussion.
Gantt chart
Weeks

Research 17
S.
No.
Actions taken in research
Time
duration
1 2 3 4 5 6 7 8 9 10
A preparation of the research 1 week
B Implementation of plans 1 week
C Collection of the data 2 weeks
D Data investigation 3 weeks
E Discussion 1 week
F Conclusion 2 weeks

Research 18
5. Conclusion
It can be concluded that the role of women entrepreneur in India is emphasizing due to support
of Government. The above discussion discloses that though women entrepreneurs are attaining
appreciation recently, still there is a long way to move. It is hard to make transmission from
homemaker to women entrepreneur but there is various steps are initiated by government to
support women in India. Various research methods have been used to gather the information
about the topic. There are number of challenges has to face by women entrepreneur but these can
be reduced by applying training and coaching method.

Research 19
References
Babbie, E. R. (2016) The Basics of Social Research. USA: Cengage Learning.
Behara, S.R. and Niranjan, K. 2012. Rural Women Entrepreneurship in India. IJCEM
International Journal of Computational Engineering & Management, 15(6).
Boblin, S.L., Ireland, S., Kirkpatrick, H. and Robertson, K., 2013. Using Stake’s qualitative case
study approach to explore implementation of evidence-based practice. Qualitative health
research, 23(9), pp.1267-1275.
Chavan, V.M. and Murkute, P.A., 2016. Role of Women Entrepreneurship in Indian
Economy. International Journal of Science Technology and Management, ISSN, pp.2394-1537.
Clifton, S 2012, ‘Ethical Issues in Quantitative Research’, NatCen.
Datta, P.B. and Gailey, R., 2012. Empowering women through social entrepreneurship: Case
study of a women's cooperative in India. Entrepreneurship theory and Practice, 36(3), pp.569-
587.
Field, E., Jayachandran, S. and Pande, R., 2010. Do traditional institutions constrain female
entrepreneurship? A field experiment on business training in India. American Economic
Review, 100(2), pp.125-29.
Goyal, M. and Parkash, J., 2011. Women entrepreneurship in India-problems and
prospects. International journal of multidisciplinary research, 1(5), pp.195-207.

Research 20
JayaKumar, P. and Kannan, J.2014. Challenges and Opportunities for Rural Women
Entrepreneurs. Economic and Business Review, 2(1), 35-39.
Klenke, K., 2015. Qualitative Research in the Study of Leadership. UK: Emerald
Group Publishing.
Malyadri, G. (2014). Role of women entrepreneurs in economic development of India. Indian
journal of research, 3(3).
Marshall, C. and Rossman, G. B., 2014. Designing Qualitative Research. USA: SAGE
Publications.
Mathew, R.V. and Panchanatham, N., 2011. An exploratory study on the work-life balance of
women entrepreneurs in south india. Asian Academy of Management Journal, Vol. 16 (2), 77–
105.
McNabb, D. E., 2015. Research Methods for Political Science: Quantitative and
Qualitative Methods. UK: Routledge.
Nestor, P. G. and Schutt, R. K., 2014. Research Methods in Psychology: Investigating
Human Behavior. USA: SAGE Publications.
Pal, N., 2016. Women Entrepreneurship in India: Important for Economic Growth. International
Journal of Pure and Applied Researches; 2016 Vol. 4(1); pp. 55-64.
Rathee, V. and Yadav, R.,2017. Role of Women Entrepreneurs in Economic Empowerment of
Rural Areas. International Journal of Emerging Research in Management &Technology ISSN:
2278-9359 Vol-6(12); pp. 1-8.

Research 21
Ravitch, S. M. and Carl, N. M., 2015. Qualitative Research: Bridging the Conceptual,
Theoretical, and Methodological. USA: SAGE Publications.
Schwartz-Shea, P. and Yanow, D., 2013. Interpretive research design: Concepts and
processes. UK: Routledge.
Taylor, S.J., Bogdan, R. and DeVault, M., 2015. Introduction to qualitative research methods: A
guidebook and resource. John Wiley & Sons.
Wilson, J., 2014. Essentials of Business Research: A Guide to Doing Your Research
Project. USA: SAGE.