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Author(s): Christabel D. Brownson.

Volume/Issue: Volume 4 , Issue 1 (2021)

Abstract:

Globally, entrepreneurial activities offer tremendous opportunities across the world. However, despite the positives from entrepreneurial activities, the number of women entrepreneurs cannot be compared to their male folks. Findings from extant research has revealed that women are constraint by some factors in their efforts of becoming entrepreneurs yet the contributions of women as entrepreneurs are needed to better the economy. Although such studies have been carried out in various contexts; there still exists a gap in the context of AkwaIbomState. As such, the aim of this paper was to examine the factors affecting women entrepreneurs in AkwaIbom State, Nigeria which is a new context in this study. Using a purposive sampling method, 195 respondents were examined. Though extant literatures have severally posited that Economic and Socio-Cultural factors among other factors affect women entrepreneurs adversely, Findings from this study points in the opposite direction. Instead of Economic and Socio-Cultural factors being impediments for Women entrepreneurs in AkwaIbom State, the results indicate that to a large extent women entrepreneurs in AkwaIbom State face positive Economic and Socio-Cultural factors implying that the Context of the study could be a major determining factor in a research of this nature. The study recommends that more support be given to women entrepreneurs to continue to strive in their businesses as research findings shows that women entrepreneurs contribute greatly to the development of the world economy. This study thus contributes new knowledge to the entrepreneurship literature by bringing new contextual knowledge to the entrepreneurship field.

Keywords:

Entrepreneurship, Women Entrepreneurs, Entrepreneurs, Ventures

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