Empowering Ambitions: The Role of Public Policy in Nurturing Female Entrepreneurial Aspirations
Keywords:
Public policy programs, Female entrepreneurs, Motivation, Indian entrepreneurs, Policy support, Mentorship, Entrepreneurial MotivationAbstract
The objective of the present study is to investigate the influence of public policy programs on the motivation of female entrepreneurs. By examining how different types of policy interventions impact entrepreneurial motivation, the research aims to provide insights for policymakers and support organizations seeking to enhance female entrepreneurship. The study adopts a quantitative approach. A survey was conducted with a sample of 195 Indian female entrepreneurs who have participated in various public policy programs over the past two years (2022-24). The study employed a structured questionnaire to gather data based on the Entrepreneurial Motivation Inventory. Data analysis was performed using Smart PLS 4 software. The findings suggest that public policy programs tailored to the needs of female entrepreneurs can significantly boost motivation and, by extension, support business growth and persistence. Policymakers are encouraged to design and implement programs that focus on financial support and mentorship to maximize their impact on female entrepreneurs. The study contributes to a better understanding of how policy support can foster a more dynamic and inclusive entrepreneurial ecosystem in India.
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