EXPLORING ENTREPRENEURIAL MOTIVATIONS AND BARRIERS: A STUDY OF WOMEN BUSSINES OWNERS IN THE REPUBLIC OF MACEDONIA

Elizabeta Tosheva and Monika Angeloska Dichovska
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Elizabeta Tosheva: UNIVERSITY ST KLIMENT OHRIDSKI FACULTY OF LAW – BITOLA, REPUBLIC OF MACEDONIA
Monika Angeloska Dichovska: UNIVERSITY ST KLIMENT OHRIDSKI FACULTY OF ECONOMICS – PRILEP, REPUBLIC OF MACEDONIA

Annals - Economy Series, 2018, vol. 6, 23-36

Abstract: The aim of this paper is to provide analysis of the current conditions in women’s entrepreneurship development in the Republic of Macedonia in order to explore challenges and opportunities for its development, as well as motivations and obstacles for Macedonian women entrepreneurs. In order to gain a better picture of current motives, problems, and perspectives of Macedonian women in entrepreneurship, a survey was conducted during the period of December 2017 – March 2018. Focus group discussion with women entrepreneurs also was used as data gathering instrument. In concluding observations, we offer policy recommendations to the Government and relevant stakeholders to increase women entrepreneurship through various schemes, incentives, and promotional measures. Finances, lack of information, and knowledge of how to run and manage a business as well as the challenge to balance the work and family engagements are the main problems facing women entrepreneurs in the Republic of Macedonia. Other constraints include socio-cultural barriers; barriers relating to networks of information and assistance, and access to finance and investment funds.

Keywords: women’s entrepreneurship; challenges; barriers; policy recommendations; Republic of Macedonia (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2018:v:6:p:23-36

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