Proceedings of the First International Conference on Computing, Communication and Control System, I3CAC 2021, 7-8 June 2021, Bharath University, Chennai, India

Research Article

Women Entrepreneurship In Nigeria Drivers, Barriers And Coping Strategies

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  • @INPROCEEDINGS{10.4108/eai.7-6-2021.2308607,
        author={Chijioke  NWACHUKWU and Olatunji  FADEYI and Njoku  PAUL and Hieu Minh VU},
        title={Women Entrepreneurship In Nigeria Drivers, Barriers And Coping Strategies},
        proceedings={Proceedings of the First International Conference on Computing, Communication and Control System, I3CAC 2021, 7-8 June 2021, Bharath University, Chennai, India},
        publisher={EAI},
        proceedings_a={I3CAC},
        year={2021},
        month={6},
        keywords={entrepreneurship education financial constraints gender discrimination women entrepreneurs work-family conflict},
        doi={10.4108/eai.7-6-2021.2308607}
    }
    
  • Chijioke NWACHUKWU
    Olatunji FADEYI
    Njoku PAUL
    Hieu Minh VU
    Year: 2021
    Women Entrepreneurship In Nigeria Drivers, Barriers And Coping Strategies
    I3CAC
    EAI
    DOI: 10.4108/eai.7-6-2021.2308607
Chijioke NWACHUKWU1,*, Olatunji FADEYI2, Njoku PAUL3, Hieu Minh VU4
  • 1: Horizons University Paris and Department of Financial Technologies, South Ural State University Chelyabinsk, Russia
  • 2: College of Insurance and Financial Management Lagos Nigeria
  • 3: Lead City University Ibadan Nigeria
  • 4: (Corresponding author) Faculty of Business Administration, Van Lang University, Vietnam
*Contact email: cesogwa@yahoo.com

Abstract

Entrepreneurship is often considered a male-gendered concept and carries masculine connotations. However, the importance of women entrepreneurs and their contribution to the economy has recently been realized. Over the years women are seen in Nigeria business ecosystem as an unequal gender coupled with the cultural heritage of Nigeria where each woman is expected to be submissive. Women entrepreneurs struggle with gender discrimination, financial constraints, work-family conflict, lack of infrastructural support, unfavourable business and political environments, lack of entrepreneurship education, and personality-related barriers. These obstacles negatively impact the profitability, growth and survival of women-owned businesses. Our paper provides insights into the drivers, barriers and strategies women entrepreneurs adapt to survive and grow their businesses. To achieve this goal, an unstructured questionnaire was employed to elicit information from participants. This study informs entrepreneurs, policymakers and the research community of the survival strategies adopted by women entrepreneurs in Nigeria to deal with the challenges they are facing.