9 July 2024 · 1 min read
Study on indigenous women entrepreneurs and poverty alleviation in Ghana
GIMPA’s Research Newsletter (Vol. 1, Issue 1) features a study by Prof. Fanny Adams Quagrainie of the Business School on the entrepreneurial competencies of successful indigenous women entrepreneurs and their impact on poverty alleviation. The study drew on 27 indigenous women entrepreneurs and 80 poor persons who had benefited from their support.
Authors: Fanny Adams Quagrainie
Entrepreneurial Competencies of Successful Indigenous Women Entrepreneurs and their Impact on Poverty Alleviation
This book chapter aims to assess Ghanaian Indigenous Women Entrepreneurs’ entrepreneurial competencies needed for their success and the impact of their success on poverty alleviation. The study uses a qualitative approach to the collection and analysis of data. An interview guide was used to collect data from 27 indigenous women entrepreneurs and 80 poor persons who have benefited from the support provided by indigenous women entrepreneurs. Data were analysed using thematic analysis. The findings revealed that indigenous women entrepreneurs measured success using both objective and subjective indicators. Indigenous women entrepreneurs’ success depended on five entrepreneurial competencies—strategic, commitment, relationship, personal and resilience competencies. With their successful operations, indigenous women entrepreneurs can promote poverty alleviation by providing financial, economic, and social resources. The chapter provides policy relevant recommendations for policymakers, indigenous women entrepreneurs and areas for future studies.