Women Entrepreneurs: A Study of Indonesian Female Evidence and Perception for Becoming Entrepreneurs

Abstract

This study delineates the picture of the nature of women entrepreneurs in Indonesia. This study is important for policy makers and scholars because it offers classical and contemporary evidence of women entrepreneurs which contributes significantly to the success of Small and Medium-sized Enterprises (SMEs) in Indonesia. This research sheds light on the issues of women’s entrepreneurial activities and perceptions: their willingness to take the risk of entrepreneur, participation in enhancing local economy, self-efficacy, perceived opportunity, role model and fear of failure. Besides providing interesting facts about the perspectives of women entrepreneurs, this study also helps us to gain insight into the potential of women entrepreneurs in Indonesia. The dataset from Global Entrepreneurship Monitoring (GEM) Indonesia has been employed to outline a number of societal issues. Data were collected from 5,620 respondents from each province and also from rural and urban areas in Indonesia. To give a better view of women’s entrepreneurial circumstances, the data were explored using the descriptive analysis method equipped with pictures and facts. The results of the study will allow policy makers to understand how the Indonesian women entrepreneurs are functioning. Policy makers at the national and local levels are suggested to notice the situation of women entrepreneurs by making an injunction related to empowering women in small and medium-sized enterprises.

Keywords

• women entrepreneurs
• small and medium-sized enterprises
• global entrepreneurship monitor
• risk
• local economy