Abstract:
In our present study we have raised the question, are women entrepreneurs synonymous with business
women? Our work mainly concentrates on the special report Women’s Entrepreneurship from GEM 2015
focusing on the Asian Countries, where we find Philippines has 48% (approx) (the highest) and India has 9%
(approx) of Adults Intending to Start a Business in Factor- and Efficiency-Driven Economies, by Region and
Gender. Again, out of the total percentage of Business ownership by women entrepreneurs, India has got a
negligible percentage and Thailand runs the highest. However, as per the reports, there is an interesting
correlation between the two factors-Business closure and Fear of Failure, where we see that in India, which
has a lower percentage of Business closure, the Fear of Failure is also low. But, in the area of business traits
we see 76% of female entrepreneurs are in the Consumers, Culture and Society Sector. The education
statistics show that India has got a lower percentage of education compared to the other Asian countries but
has got highest percentage in Percentage of Entrepreneurs with Innovative Products/Services, which
indicates that women have the potential to diversify their line of business but due to fear of the unknown they
cannot go beyond a recognized pattern, which is created by societal attitude. Does identification of Women
Entrepreneurship as a separate entity itself act as a hindrance towards the diverse growth of female
entrepreneurs? Entrepreneurship gender stereotypes can discourage women from starting their own
businesses. Gender difference is a timeless concept evolved from the psychology of the society. These
differences seem to be anecdotal or based on archival data hence the edge of women entrepreneurship is predefined
by the traditional outlook of the society.
