Factors Affecting Women Involvement as Entrepreneur in SMEs Sector, Economic Development and Its Impact on Poverty Reduction in Bangladesh

Bangladesh has enormous young women and productive workforce that will get an opportunity to involve in Small and Medium Enterprises (SMEs) sector. This paper aims to investigate the factors that affect women involvement as entrepreneur in SMEs sector in Bangladesh. The study adopts the quantitative analysis of possible factors that may affect women involvement as entrepreneur in SMEs sector. By using Convenient Sampling Technique, the data has been collected from 300 respondents. Data are analyzed using frequency, mean, standard deviation and regression analysis. From the outcomes of descriptive statistics analysis, the study is found that business experience, business plan, practical knowledge, security, interest & hobby, others business house profits, adequate capital, business registration procedures, qualified leaders & trainers, and bank & financial institutions support are affected women involvement as entrepreneur in SMEs sector. From the results of regression analysis, this research is found that economical, psychological, knowledge & skills, family, and legal & administrative as the essential factors, which significantly affect women involvement as entrepreneur in SMEs sector in Bangladesh. The research is revealed that women entrepreneur, long-term business success and employment creation as the vital factors, which notably affect economic development. The study is also revealed that economic development as the critical factor, which considerably affects poverty reduction. This examination may contribute to these women entrepreneur issues. The results of this investigation can be applied by government and non-government organization, public institutions, rural development academy, policymakers and even researchers to inspire women involvement as entrepreneur in SMEs sector. The researchers strongly expect that this investigation creates value to the literature because it uses a theoretical framework to give explanation the factors that affect women involvement as entrepreneur in SMEs sector in Bangladesh.