Motivations, Success Factors And Problems Encountered By Chinese Women Entrepreneurs: A Factor Analysis
One hundred and eighty Chinese women entrepreneurs in Beijing, China were randomly selected for the study. Findings show that the main motivations for business ownership are to increase income, to prove their ability, to be independent and to be able to use their past experience and training. Factors contributing to their success include a reputation for honesty, hard work, and management skills. However, unreliable and undependable employees, intense competition, and a lack of capital have been identified as critical problems facing Chinese women entrepreneurs.