The role of women entrepreneurship antecedents in supporting social and economic well-being

  • 110 Views
  • 8 Downloads

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License

One way to support sustainable development is to put concern on women empowerment. The role of women in a society is essential, yet often treated unfairly. This study focuses on looking at the aspects that can determine the success of entrepreneurship as a form of women entrepreneurship. Additionally, the effect of women entrepreneurship on social and economic well-being is also investigated. The study took a quantitative approach and employed a survey method on a total of 406 members of Setia Bhakti Wanita cooperative in Indonesia. STATA 14 statistical software was used to analyze the data. The results of this study indicate that access to micro-loans has the highest impact on women entrepreneurship (path coefficient 0.43), followed by social environment support (path coefficient 0.32), and entrepreneurial education (path coefficient 0.13). Furthermore, women entrepreneurs have a more favorable impact on economic well-being (path coefficient 0.93), as evidenced by better access to health service, than social well-being (path coefficient 0.89) that is shown from better social relationship with the nearest community. This study offers solid evidence-based recommendations for women’s empowerment in Indonesia using proper entrepreneur organization channels.

Acknowledgment
The authors thank to Faculty of Economics and Business, Airlangga University, Indonesia and the Setia Bhakti Women Cooperative East Java Indonesia.

view full abstract hide full abstract
    • Figure 1. Research model
    • Figure 2. Structural equation modeling result
    • Table 1. Confirmatory factor analysis results
    • Table 2. Goodness of fit
    • Table 3. Regression weight structural equation modeling
    • Conceptualization
      Rina Dewi
    • Methodology
      Rina Dewi
    • Project administration
      Rina Dewi
    • Validation
      Rina Dewi
    • Writing – original draft
      Rina Dewi
    • Data curation
      Anis Eliyana
    • Formal Analysis
      Anis Eliyana
    • Writing – review & editing
      Anis Eliyana, Aisha Anwar
    • Investigation
      Aisha Anwar
    • Supervision
      Aisha Anwar
    • Visualization
      Aisha Anwar