Entrepreneurial Skills for Women's Business Success Lessons around the World and Implications for Vietnam

• Main Authors: Trần, Thị Bích Liễu, Barth, J. Richard
• Format: Article
• Language: English
• Published: Đại học Kinh tế 2016
• Subjects: Entrepreneurial skill; Entrepreneurial education and training; women-entrepreneurs; Vietnamese women-entrepreneurs
• Online Access: http://repository.vnu.edu.vn/handle/VNU_123/14012
• Institution: Vietnam National University, Hanoi

Worldwide the number of women entrepreneurs is less than that of male entrepreneurs, except for the nearly equal proportion of female (F) and male (M) entrepreneurs in developing countries in Asia and Africa, according to the 2012 Global Entrepreneurship monitor report on women[1]. There are many obstacles that prevent women from starting their own business in different countries, including in Vietnam. The lack of necessary entrepreneurial skills is a main factor that causes women to be afraid of failure in their entrepreneurial activities. Thefore, the development of entrepreneurial skills in women is a prerequisite for the successful development of women-owned businesses. Besides, networking, diverse types of skill training appropriate to women‟s circumstances are necessity for their entrepreneurial success and confidence that help women contribute more to socio-economic development both nationally and globally. The paper concludes by making recommendations for developing entrepreneurial skills for Vietnamese women to overcome the existing obstacles and to improve their business success.