continue, which to a large extent determine the
overall industrial competitiveness.
Besides the fact that the industry remains largely
male-dominated with 77 % and females 23 % , [68],
different entrepreneurial studies have variously
identified prevailing socio-cultural expectations,
special economic support, social networking, risk-
taking propensity, innovativeness, and self-efficacy
as factors shaping the experiences of the sector
players. Although these factors affect the players
(particularly, male and female) separately, [4],
however, the preponderance of mainstream
entrepreneurship literature pays less attention to
female entrepreneurial experience despite the
growing female population and the positive trajectory
of female entrepreneurs, nationally, continental, and
globally, [3]. Nevertheless, inspecting the connection
between female entrepreneurship experiences cum
start-ups stands relevant for a sturdy and all-inclusive
economic policy.
Socio-culturally, different investigations additionally
show that gender-role generalization is a key factor
in women’s entrepreneurial activity, [5], [6]. Sexual
orientation might be utilized as a premise for
generalizing with regard to business-goal, [7].
Mostly, researchers contend that the picture ascribed
to business people is masculine. Throughout the long
term, the business has been characteristically
emphatically connected with manly attributes and
contrarily connected with ladylike ones, [8], [4].
Therefore, the easiness of special support for female
entrepreneurs in Nigeria is nearly meager asides from
the prevalent allocation to entrepreneurs in Nigeria.
The female constitutes about 48 % of the Nigerian
workforce despite having to juggle work with family
and care responsibilities, [3]. Notwithstanding these,
[9] remarked that being a female entrepreneur attracts
limited benefits from the government. They are left
to compete with their male entrepreneur who is more
culturally, societally, and economically supported
due to the gendered nature of Nigeria, [10], [11],
[12].
Furthermore, researchers stress the significance of
social networking to invigorate businesses. However,
social networks are mostly gender-oriented [13],
[14], [15], [16]. In actuality, some researchers, [12],
found that women do not utilize their network
contacts successfully like men. Observably, there is
long-standing proof that women-led business does
not actively partake in the networks that offer
such help for their male partners. [17] noted that this
is caused by the absence of individual courage,
uneasiness about separation, and perceived absence
of ability compared with male individuals including
concern about time and efforts needed to advance
with networks.
Entrepreneurship involves risk. This is why
entrepreneurs are generally characterized as risk-
takers. However, the level of entrepreneurial risks, or
the risk-taking ability of each entrepreneur differs
especially at the gender level, [18], [19].
Nevertheless, attitude toward risk could influence
entrepreneurs’ decisions to access business support.
A growing number of studies examine gender
differences in attitudes toward risk, and results vary
depending on the context. For instance, in the context
of physical and health safety, [20] showed that
women are more risk-averse than men while, in
financial decisions, the effect of gender appears more
mixed, [21]. This higher risk aversion is also likely to
affect women’s access to credit, [22].
Also, entrepreneurs are characteristically regarded as
highly innovative people, [23], [24]. This unique
feature primarily defines who an entrepreneur is, and
the chances of surviving the turbulent business
environment. However, women-owned businesses
have been regarded to be less innovative, unlike their
male counterparts and this partly accounts for the
reason they have mostly been limited to micro-
businesses, [25]. Finally, successful entrepreneurial
efforts have been closely linked with self-efficacy.
Preponderance entrepreneurial studies agreed that
female entrepreneurs suffer from low self-esteem,
and lack of confidence in their entrepreneurial
capabilities, [26], [27], [28].
In view of the foregoing apparent female
entrepreneurial experience, coupled with the sparse
study devoted to x-ray their effect on start-ups in
Nigeria, based on published studies as at the time of
conducting this research, this study is therefore
motivated to fill the vacuum by examining how they
drive female start-ups, particularly in the educational
sector, which has, since the last decade, been
recording more female entrepreneurial presence,
[67]. Consequently, this study evaluates the effect of
female entrepreneurial experience on educational
institutions start-ups in North-Central Nigeria.
This study, no doubt has theoretical, practical, and
methodological contributions to the Female
entrepreneurial experience. Theoretically, the
adopted liberal view of the feminist-based
theory which stresses the need for the provision of
WSEAS TRANSACTIONS on BUSINESS and ECONOMICS
DOI: 10.37394/23207.2022.19.157
Ngele Anthonia Nnebuife, Abubakar Hauwa Lamino,
Nwoye May, Cross Ogohi Daniel