MD4064 Research Proposal: Woman Entrepreneurship in India's Economy

This research proposal investigates the significant role of women entrepreneurship in the development of the Indian economy. It aims to explore the importance of women entrepreneurs, critically analyze factors contributing to their success, and identify the challenges they face. The proposal includes a literature review highlighting existing research on women entrepreneurship, focusing on its impact on economic growth, challenges faced by women, and government initiatives. The methodology section outlines the philosophical approach (interpretivism), research logic (inductive), and mixed-methods research approach (qualitative and quantitative). Data collection methods involve primary and secondary sources. The proposal also addresses potential challenges, ethical considerations, and provides a research timetable. The study seeks to answer research questions related to the role of women entrepreneurs in India's economic development and the major challenges they encounter. Desklib provides past papers and solved assignments for students.

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

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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

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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.

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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?

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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

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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.

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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

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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.

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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.

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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

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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