IDEAS home Printed from https://ideas.repec.org/a/spr/jglont/v9y2019i1d10.1186_s40497-019-0184-0.html
   My bibliography  Save this article

Role of social business in women entrepreneurship development in Bangladesh: perspectives from Nobin Udyokta projects of Grameen Telecom Trust

Author

Listed:
  • Farhana Ferdousi

    (Southeast University)

  • Parveen Mahmud

    (Grameen Telecom Trust)

Abstract

Social business is a growing phenomenon in the emerging economy due to its appeal toward reducing social problems from the society. Women’s, especially rural women’s, economic activities are mainly confined to the household chores because of the existing patriarchal norms of the society. Social businesses, through providing equity funds, are creating opportunities for the women to pursue entrepreneurial career. This study attempted to analyze the role of social business for developing women entrepreneurship. Primary data were collected from 28 women Nobin Udyokta (new entrepreneurs) and four key informant interviews. The study showed that social business fund plays an important role toward women entrepreneurship development through providing financial (social business fund), human (formal or informal training), and social capital (network) to the women entrepreneurs which is necessary for sustainable entrepreneurship development. Therefore, government and non-government organizations as well as private sectors were suggested to come forward to provide more social business funds and build supportive environment for the women entrepreneurs.

Suggested Citation

  • Farhana Ferdousi & Parveen Mahmud, 2019. "Role of social business in women entrepreneurship development in Bangladesh: perspectives from Nobin Udyokta projects of Grameen Telecom Trust," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 9(1), pages 1-21, December.
    • Handle: RePEc:spr:jglont:v:9:y:2019:i:1:d:10.1186_s40497-019-0184-0
    DOI: 10.1186/s40497-019-0184-0
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1186/s40497-019-0184-0
    File Function: Abstract
    Download Restriction: no
    File URL: https://libkey.io/10.1186/s40497-019-0184-0?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. F. Nader, Yasmine, 2008. "Microcredit and the socio-economic wellbeing of women and their families in Cairo," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(2), pages 644-656, April.
    2. Sampsa Samila & Olav Sorenson, 2011. "Venture Capital, Entrepreneurship, and Economic Growth," The Review of Economics and Statistics, MIT Press, vol. 93(1), pages 338-349, February.
    3. Barbara J. Orser & Allan L. Riding & Kathryn Manley, 2006. "Women Entrepreneurs and Financial Capital," Entrepreneurship Theory and Practice, , vol. 30(5), pages 643-665, September.
    4. Mallick, Debdulal, 2012. "Microfinance and Moneylender Interest Rate: Evidence from Bangladesh," World Development, Elsevier, vol. 40(6), pages 1181-1189.
    5. David Hilton & Kazi Tanvir Mahmud & Golam Mohammad Shamsul Kabir & Asif Parvez, 2016. "Does Training Really Matter to the Rural Poor Borrowers in Bangladesh? A Case Study on BRAC," Journal of International Development, John Wiley & Sons, Ltd., vol. 28(7), pages 1092-1103, October.
    6. Farhana Ferdousi & Parveen Mahmud, 2018. "Investment in Microenterprises for Scaling up Business Growth: Evidence from Social Business Project," Chapters, in: Ladislav Mura (ed.), Entrepreneurship - Development Tendencies and Empirical Approach, IntechOpen.
    7. Naila Kabeer & Simeen Mahmud, 2004. "Globalization, gender and poverty: Bangladeshi women workers in export and local markets," Journal of International Development, John Wiley & Sons, Ltd., vol. 16(1), pages 93-109.
    8. Naila Kabeer & Simeen Mahmud & Sakiba Tasneem, 2018. "The Contested Relationship Between Paid Work and Women’s Empowerment: Empirical Analysis from Bangladesh," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 30(2), pages 235-251, April.
    9. Dowla, Asif, 2006. "In credit we trust: Building social capital by Grameen Bank in Bangladesh," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 35(1), pages 102-122, February.
    10. Matin, Imran & Hulme, David, 2003. "Programs for the Poorest: Learning from the IGVGD Program in Bangladesh," World Development, Elsevier, vol. 31(3), pages 647-665, March.
    11. Garikipati, Supriya, 2008. "The Impact of Lending to Women on Household Vulnerability and Women's Empowerment: Evidence from India," World Development, Elsevier, vol. 36(12), pages 2620-2642, December.
    12. Toriqul Bashar & Salim Rashid, 2012. "Urban microfinance and urban poverty in Bangladesh," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 17(1), pages 151-170.
    13. Mahjabeen, Rubana, 2008. "Microfinancing in Bangladesh: Impact on households, consumption and welfare," Journal of Policy Modeling, Elsevier, vol. 30(6), pages 1083-1092.
    14. Ahmed, Syed Masud & Adams, Alayne M. & Chowdhury, Mushtaque & Bhuiya, Abbas, 2000. "Gender, socioeconomic development and health-seeking behaviour in Bangladesh," Social Science & Medicine, Elsevier, vol. 51(3), pages 361-371, August.
    15. Bates, Timothy, 1990. "Entrepreneur Human Capital Inputs and Small Business Longevity," The Review of Economics and Statistics, MIT Press, vol. 72(4), pages 551-559, November.
    16. Punita Bhatt Datta & Robert Gailey, 2012. "Empowering Women through Social Entrepreneurship: Case Study of a Women's Cooperative in India," Entrepreneurship Theory and Practice, , vol. 36(3), pages 569-587, May.
    17. Riedinger, Jeffrey M., 1994. "Innovation in rural finance: Indonesia's Badan Kredit Kecamatan program," World Development, Elsevier, vol. 22(3), pages 301-313, March.
    18. Paul Mosley & Daniela Olejarova & Elena Alexeeva, 2004. "Microfinance, social capital formation and political development in Russia and eastern Europe: a pilot study of programmes in Russia, Slovakia and Romania," Journal of International Development, John Wiley & Sons, Ltd., vol. 16(3), pages 407-427.
    19. Linda Scott & Catherine Dolan & Mary Johnstone–Louis & Kimberly Sugden & Maryalice Wu, 2012. "Enterprise and Inequality: A Study of Avon in South Africa," Entrepreneurship Theory and Practice, , vol. 36(3), pages 543-568, May.
    20. Buttner, E. Holly & Rosen, Benson, 1988. "Bank loan officers' perceptions of the characteristics of men, women, and successful entrepreneurs," Journal of Business Venturing, Elsevier, vol. 3(3), pages 249-258.
    21. Salway, Sarah & Rahman, Shahana & Jesmin, Sonia, 2003. "A Profile of Women's Work Participation Among the Urban Poor of Dhaka," World Development, Elsevier, vol. 31(5), pages 881-901, May.
    22. Panjaitan-Drioadisuryo, R.D.M. & Cloud, Kathleen, 1999. "Gender, self-employment and microcredit programs An Indonesian case study," The Quarterly Review of Economics and Finance, Elsevier, vol. 39(5), pages 769-779.
    23. Carter, Nancy M. & Williams, Mary & Reynolds, Paul D., 1997. "Discontinuance among new firms in retail: The influence of initial resources, strategy, and gender," Journal of Business Venturing, Elsevier, vol. 12(2), pages 125-145, March.
    24. Steven W. Bradley & Kendall Artz & Jimmy Hulett, 2012. "The innovation necessity: Evidence from microcredit in the Dominican Republic," Journal of International Development, John Wiley & Sons, Ltd., vol. 24, pages 112-121, January.
    25. Davidsson, Per & Honig, Benson, 2003. "The role of social and human capital among nascent entrepreneurs," Journal of Business Venturing, Elsevier, vol. 18(3), pages 301-331, May.
    26. Goetz, Anne Marie & Gupta, Rina Sen, 1996. "Who takes the credit? Gender, power, and control over loan use in rural credit programs in Bangladesh," World Development, Elsevier, vol. 24(1), pages 45-63, January.
    27. Becker-Blease, John R. & Sohl, Jeffrey E., 2007. "Do women-owned businesses have equal access to angel capital?," Journal of Business Venturing, Elsevier, vol. 22(4), pages 503-521, July.
    28. Lola Fabowale & Barbara Orser & Allan Riding, 1995. "Gender, Structural Factors, and Credit Terms between Canadian Small Businesses and Financial Institutions," Entrepreneurship Theory and Practice, , vol. 19(4), pages 41-65, July.
    29. Riding, Allan L. & Swift, Catherine S., 1990. "Women business owners and terms of credit: Some empirical findings of the Canadian experience," Journal of Business Venturing, Elsevier, vol. 5(5), pages 327-340, September.
    30. Kabeer, Naila, 2001. "Conflicts Over Credit: Re-Evaluating the Empowerment Potential of Loans to Women in Rural Bangladesh," World Development, Elsevier, vol. 29(1), pages 63-84, January.
    31. Naila Kabeer, 1999. "Resources, Agency, Achievements: Reflections on the Measurement of Women's Empowerment," Development and Change, International Institute of Social Studies, vol. 30(3), pages 435-464, July.
    32. Cooper, Arnold C. & Gimeno-Gascon, F. Javier & Woo, Carolyn Y., 1994. "Initial human and financial capital as predictors of new venture performance," Journal of Business Venturing, Elsevier, vol. 9(5), pages 371-395, September.
    33. Weber, Olaf & Ahmad, Adnan, 2014. "Empowerment Through Microfinance: The Relation Between Loan Cycle and Level of Empowerment," World Development, Elsevier, vol. 62(C), pages 75-87.
    34. Coleman, Brett E., 2006. "Microfinance in Northeast Thailand: Who benefits and how much?," World Development, Elsevier, vol. 34(9), pages 1612-1638, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Amouri, Abdellatif & Festa, Giuseppe & Shams, S.M. Riad & Sakka, Georgia & Rossi, Matteo, 2021. "Technological propensity, financial constraints, and entrepreneurial limits in young entrepreneurs’ social business enterprises: The tunisian experience," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    2. Alicia Mas-Tur, 2022. "Female-driven social entrepreneurship in service business," Service Business, Springer;Pan-Pacific Business Association, vol. 16(4), pages 791-795, December.
    3. Zavodny Pospisil Jan & Zavodna Lucie Sara, 2022. "An Insight to the World of Female Entrepreneurship: Systematic Literature Review of the Phenomenon using the Mckinsey 7S Model," Foundations of Management, Sciendo, vol. 14(1), pages 51-66, January.
    4. Sohel Rana & Lily Kiminami & Shinichi Furuzawa, 2022. "Role of entrepreneurship in regional development in the haor region of Bangladesh: a trajectory equifinality model analysis of local entrepreneurs," Asia-Pacific Journal of Regional Science, Springer, vol. 6(3), pages 931-960, October.
    5. Hossan, Dalowar, 2020. "Factors Influencing Entrepreneurial Success Among The Rural Women Entrepreneurs In Bangladesh," OSF Preprints 4ajkf, Center for Open Science.
    6. K. K. Tripathy & Manisha Paliwal & Anshu Singh, 2022. "Women’s social entrepreneurship and livelihood innovation: an exploratory study from India," Service Business, Springer;Pan-Pacific Business Association, vol. 16(4), pages 863-881, December.
    7. Farhana Ferdousi & Parveen Mahmud & Kazi Tanvir Mahmud, 2022. "Fostering Youth Entrepreneurship Development through Social Business—Evidence from Bangladesh," Sustainability, MDPI, vol. 15(1), pages 1-16, December.
    8. Muhammad Ziaulhaq Mamun & Md Ridhwanul Haq, 2023. "Urban Women Entrepreneurship Development in Bangladesh: Challenges and Preparations," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(7), pages 129-149, July.
    9. Md. Wakilur Rahman & Md. Salauddin Palash & Hasneen Jahan & Shokhrukh-Mirzo Jalilov & Mohammed Mainuddin, 2020. "An Empirical Investigation of Men’s Views of Women’s Contribution to Farming in Northwest Bangladesh," Sustainability, MDPI, vol. 12(9), pages 1-21, April.
    10. Abdul Basit & Zubair Hassan & Sharmila Sethumadhavan, 2021. "Entrepreneurial Success: Key Challenges Faced by Malaysian Women Entrepreneurs in 21st Century," International Journal of Business and Management, Canadian Center of Science and Education, vol. 15(9), pages 122-122, July.
    11. Faria Islam Oridi & Md. Shawan Uddin & Md. Faisal-E-Alam & Taha Husain, 2022. "Prevailing factors of rural women entrepreneurship in Bangladesh: evidence from handicraft business," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 12(1), pages 305-318, December.
    12. Farhana Ferdousi & Nuren Abedin, 2023. "Strategic Human Resources Management for Creating Shared Value in Social Business Organizations," Sustainability, MDPI, vol. 15(4), pages 1-24, February.
    13. Uma Shankar Yadav & Ravindra Tripathi & Mano Ashish Tripathi & Ashish Kumar & Mitu Mandal, 2023. "Evaluation of factors affecting entrepreneurship: a case of Indian women in the handicraft industry," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-17, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gutiérrez-Nieto, Begoña & Serrano-Cinca, Carlos, 2019. "20 years of research in microfinance: An information management approach," International Journal of Information Management, Elsevier, vol. 47(C), pages 183-197.
    2. Jörg Prokop & Dandan Wang, 2022. "Is there a gender gap in equity-based crowdfunding?," Small Business Economics, Springer, vol. 59(3), pages 1219-1244, October.
    3. Bhuiyan, Muhammad Faress & Ivlevs, Artjoms, 2019. "Micro-entrepreneurship and subjective well-being: Evidence from rural Bangladesh," Journal of Business Venturing, Elsevier, vol. 34(4), pages 625-645.
    4. John R. Becker–Blease & Jeffrey E. Sohl, 2011. "The Effect of Gender Diversity on Angel Group Investment," Entrepreneurship Theory and Practice, , vol. 35(4), pages 709-733, July.
    5. Agier, Isabelle & Szafarz, Ariane, 2013. "Microfinance and Gender: Is There a Glass Ceiling on Loan Size?," World Development, Elsevier, vol. 42(C), pages 165-181.
    6. Dilruba Khanam & Muhammad Mohiuddin & Asadul Hoque & Olaf Weber, 2018. "Financing micro-entrepreneurs for poverty alleviation: a performance analysis of microfinance services offered by BRAC, ASA, and Proshika from Bangladesh," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 8(1), pages 1-17, December.
    7. Varsha P. S. & Gayathri Reddy K. & Sudheendra Rao L. N. & Amit Kumar, 2019. "Impact of self-help groups, capacity building measures and perceived tension on women empowerment- an empirical study," Asian Journal of Empirical Research, Asian Economic and Social Society, vol. 9(3), pages 65-87, March.
    8. Funmi (Olufunmilola) Ojediran & Alistair Anderson, 2020. "Women’s Entrepreneurship in the Global South: Empowering and Emancipating?," Administrative Sciences, MDPI, vol. 10(4), pages 1-22, November.
    9. Helen M. Haugh & Alka Talwar, 2016. "Linking Social Entrepreneurship and Social Change: The Mediating Role of Empowerment," Journal of Business Ethics, Springer, vol. 133(4), pages 643-658, February.
    10. Boulier, Bryan & Emran, M. Shahe & Hoque, Nazmul, 2021. "Access to Credit, Education, and Women’s Say in the Household: Evidence from Bangladesh," MPRA Paper 109009, University Library of Munich, Germany.
    11. S. Brana, 2013. "Microcredit: an answer to the gender problem in funding?," Small Business Economics, Springer, vol. 40(1), pages 87-100, January.
    12. K. K. Tripathy & Manisha Paliwal & Anshu Singh, 2022. "Women’s social entrepreneurship and livelihood innovation: an exploratory study from India," Service Business, Springer;Pan-Pacific Business Association, vol. 16(4), pages 863-881, December.
    13. Wennberg, Karl & Wiklund, Johan & DeTienne, Dawn R. & Cardon, Melissa S., 2010. "Reconceptualizing entrepreneurial exit: Divergent exit routes and their drivers," Journal of Business Venturing, Elsevier, vol. 25(4), pages 361-375, July.
    14. Johan Wiklund & Dean A. Shepherd, 2008. "Portfolio Entrepreneurship: Habitual and Novice Founders, New Entry, and Mode of Organizing," Entrepreneurship Theory and Practice, , vol. 32(4), pages 701-725, July.
    15. Bede Akorige Atarah & Augustine Awuah Peprah & Abednego F. Okoe Amartey & Bylon Abeeku Bamfo, 2021. "Making do by doing without: bricolage in the funding sources of female entrepreneurs in resource-constrained environments," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 11(1), pages 361-378, December.
    16. Helene Ahl, 2006. "Why Research on Women Entrepreneurs Needs New Directions," Entrepreneurship Theory and Practice, , vol. 30(5), pages 595-621, September.
    17. Namizata Binaté Fofana & Gerrit Antonides & Anke Niehof & Johan Ophem, 2015. "How microfinance empowers women in Côte d’Ivoire," Review of Economics of the Household, Springer, vol. 13(4), pages 1023-1041, December.
    18. Rajalaxmi Kamath & Abhi Dattasharma, 2017. "Women and Household Cash Management: Evidence from Financial Diaries in India," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 29(1), pages 73-92, January.
    19. Malin Malmström & Jeaneth Johansson & Joakim Wincent, 2017. "Gender Stereotypes and Venture Support Decisions: How Governmental Venture Capitalists Socially Construct Entrepreneurs’ Potential," Entrepreneurship Theory and Practice, , vol. 41(5), pages 833-860, September.
    20. Karimli, Leyla & Lecoutere, Els & Wells, Christine R. & Ismayilova, Leyla, 2021. "More assets, more decision-making power? Mediation model in a cluster-randomized controlled trial evaluating the effect of the graduation program on women's empowerment in Burkina Faso," World Development, Elsevier, vol. 137(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:jglont:v:9:y:2019:i:1:d:10.1186_s40497-019-0184-0. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.