Social Networks, Entrepreneurial Competencies and Growth of Women Owned Businesses in The Informal Sector Of Uganda. A Case of Women Entrepreneurs in Nakawa Division of Kampala District
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Date
2022-03-16
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Makerere University Business School
Abstract
The study examined the relationship between social networks, entrepreneurial competencies and growth of women owned businesses in the informal sector in Nakawa Market, Kampala district. It was grounded on the following study objectives: to examine the relationship between social networks and growth of women owned businesses, to examine the relationship between entrepreneurial competencies and growth of women owned businesses and to examine the combined effect between social networks and entrepreneurial competencies on the growth of women owned businesses. A cross-sectional research design was adopted along with a quantitative research approach. In this study, 217 respondents were sampled; however, only 175 respondents returned the questionnaires representing a response rate of 80.6%. The data were collected using questionnaires. Quantitative data analysis was done using regression and correlation analysis.
Study findings revealed that there is a significant positive relationship between social networks, entrepreneurial competencies and growth of women owned businesses in Nakawa Market in Kampala District. Findings revealed that social networks enable women entrepreneurs to obtain access to information which reduces several expenses which may be incurred when gathering such information. It was further observed that entrepreneurial competencies can positively affect the expansion and competitiveness of women businesses. The study recommends that women entrepreneurs need to ensure that they find social groups where they can obtain information in a cost efficient and reliable manner. It is also recommended that government should implement policies that offer lenience for women entrepreneurs in obtaining financial facilities and accessing business infrastructure such as marketing.
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This is a masters thesis
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Nanyonjo, C. (2024). Social Networks, Entrepreneurial Competencies and Growth of Women Owned Businesses In The Informal Sector Of Uganda. A Case of Women Entrepreneurs in Nakawa Division of Kampala District. Makerere University Business School