Work

Fostering Women Entrepreneurs: Psychological Capital, Psychological Empowerment and Entrepreneurial Spirit

Year: 2024

Type: article

Abstract: Psychological capital is a central notion that has emerged in entrepreneurial behavior. This study looks at how psychological empowerment plays a mediating role in the relationship between psychological capital (PsyCap) and women's entrepreneurial spirit. Data were collected from 203 women-owned manufacturing industries. Through the Smart PLS software, the hypothesis is tested using partial least squares structural equation modeling (PLS-SEM), which uses algorithms and bootstrapping to measure the association. Data analysis concluded that PsyCap has a significant positive relationship with entrepreneurial spirit and psychological empowerment. The association between psychological empowerment and entrepreneurial spirit is also significant and positive. Correspondingly, mediation of psychological empowerment exists between PsyCap and psychological empowerment. In a precise form, PsyCap and psychological empowerment can develop entrepreneurial spirits.

Source: JWEE

DOI: 10.28934/jwee24.12.pp1-18

Authors: Pratikshya Bhandari, Bijay Sigdel, A.K. Mahbubul Hye, Sudarshan Bhandari, Asmita Bhattarai

Institutions: Shinawatra University, Pokhara University, Tribhuvan University, Institute of Science and Technology

Language: English

Topic: Entrepreneurship Studies and Influences

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Decent work and economic growth, Gender equality

Open Access status: diamond

OpenAlex ID: W4390910482

FWCI: 2.196

Cites: 34

Cited by: 5

Related to: 10