EDUCATION & ENTREPRENEURAL EXPERIENCE W.R.T. FEMALE ENTREPRENEURS

Education is commonly perceived to be important for the success of entrepreneurial activity. But the profile of many successful entrepreneurs suggests lack of education which did not affect their entrepreneurial experience in the least. Thus, it becomes significant to challenge that both education and entrepreneurship are endogenous. The study is a pioneering one in the field of understanding the impact of level of education of the entrepreneurial experience of women entrepreneurs. The earlier related researches have primarily focused on the effect of entrepreneurial education and training on the entrepreneurial intentions and further the business performance of entrepreneurs/women entrepreneurs. Using data from 174 women entrepreneurs from India this paper estimates the effect of level of education of the female entrepreneurial experience - FEE. The FEE framework generated by this study can be used to contrast and compare the experiences of the women entrepreneurs in various other regions. The results suggest that the level of education affected only one factor i.e., the ease of financing from banks and financial institutions) for these women entrepreneurs.