Critical Factors for the Development of Women Entrepreneurship in Retail Business of Bangladesh

Critical Factors for the Development of Women Entrepreneurship in Retail Business of Bangladesh

Mohitul Ameen Ahmed Mustafi

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Nazrul Islam

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Amitava Bose Bapi

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Abid Aziz

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Khwaja Yunus Ali University

Mawlana Bhashani Science and Technology University

Critical Factors for the Development of Women Entrepreneurship in Retail Business of Bangladesh

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Abstract

Development of women entrepreneurship in the SME sector has a crucial importance in a developing country like Bangladesh where women constitute half of the total population. The majority of them are underprivileged, under nourished, illiterate and poor. Hence, the development of women entrepreneurship has tremendous potentials for transforming the society through socioeconomic empowerment of the women. This potential is remained untapped in Bangladesh because of lower number of women entrepreneurs in business and economic activities. According to the Bangladesh Economic Review 2009, around six percent of the country’s $90 billion economy comes from SMEs, which is also the largest sector in terms of employment generation. But the women entrepreneurs are less than ten percent of the total entrepreneurs of the country. However, in the recent years, women entrepreneurship in small retail businesses of the country has been increasing which is a good sign for the positive growth of the economy.

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No external funding was declared for this work.

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The authors declare no conflict of interest.

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How to Cite This Article

Mohitul Ameen Ahmed Mustafi. 2021. \u201cCritical Factors for the Development of Women Entrepreneurship in Retail Business of Bangladesh\u201d. Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 21 (GJMBR Volume 21 Issue A11).

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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-A Classification JEL Code: L26

Submission ReceivedSeptember 6, 2021
Peer Review Double Blind
Handling Editor
Accepted September 30, 2021
Published October 15, 2021

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November 13, 2021

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