Naslov (eng)

Using Structural Equation Modeling in the Analysis of the Relationship Between Internal and External Factors and Women Entrepreneurs’ Success

Autor

Stanković, Sunčica
Vujičić, Slađana
Radović Marković, Mirjana

Opis (eng)

Abstract: In modern business conditions, entrepreneurship, as a significant driver of economic growth and development, is also an important facilitator of women's empowerment in developed and developing countries. Taking into account the significant contribution of female entrepreneurship to economic development and, on the other hand, its contribution to the empowerment of women, the paper examines the factors that influence the success of female entrepreneurs in the Republic of Serbia. The effects of many factors on the success of women entrepreneurs have been the subject of numerous studies, but this study focused on internal and external factors, which are still largely unexplored, particularly in the Republic of Serbia. In this sense, the aim of this work is to determine whether internal and external factors have direct, positive, and significant effects on women entrepreneurs' success. The specific research aims are: 1) determining whether internal factors have a positive effect on women entrepreneurs’ success and 2) determining whether external factors have a positive effect on women entrepreneurs’ success. The causal relationships between observed variables were assessed using the Structural Equation Modeling method. The obtained results showed that both internal and external factors are significant determinants of women entrepreneurs' success. The results emphasize the need to motivate women to start their own businesses by organizing various educational courses and workshops and women's support programs by the government.

Jezik

engleski

Datum

2023

Licenca

Ovo delo je licencirano pod uslovima licence
Creative Commons CC BY 4.0 - Creative Commons Autorstvo 4.0 International License.

http://creativecommons.org/licenses/by/4.0/legalcode

Predmet

KEYWORDS:women’s entrepreneurship, need for achievement, self-confidence, risk-taking, economic factors, sociocultural factors, Republic of Serbia, SEM

Deo kolekcije (1)

o:1600

Radovi profesora i saradnika Fakulteta za ekonomiju i inženjerski menadžment