Women‐owned small and medium enterprises in England

Muhammad Azam Roomi · Pegram Harrison · John Beaumont‐Kerridge

151 citations0/0 files storedJournal of Small Business and Enterprise Development

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Entrepreneurship Studies and Influences Firm Innovation and Growth Migration, Ethnicity, and Economy

Abstract

Purpose This study attempts to understand the nature and activities of growth‐oriented women‐owned businesses in the East of England by highlighting the problems faced by women entrepreneurs during the growth process. Design/methodology/approach The approach analysed the main growth factors and their influence on the adoption of different growth strategies. An online questionnaire was designed using Snap survey software™, with results exported to SPSS™ for analysis. Both quantitative and qualitative data were collected via a variety of scaled, open‐ended, rank order, dichotomous, multiple choice and open questions. Findings The research indicates that most do not opt to develop growth‐oriented businesses, choosing instead small, non‐scalable, locally focused businesses providing services or operating in low‐tech industries. Women who are growth‐oriented appear to be inhibited due to a lack of access to, and control over such resources as, capital, business premises, information and technology, production inputs, appropriate childcare, qualifications, experience, training facilities and appropriate assistance from business development agencies. Non‐effective accumulation and use of social capital hinders access to appropriate decision‐making circles, and limits the probability of accessing critical management and financing resources, especially through the venture capital industry. Practical implications This research has implications for government or other business development agencies seeking to understand the growth patterns and problems of women‐owned enterprises in the East of England. Originality/value There are few British studies that have focussed on growth oriented women‐owned businesses. This study contributes to the body of knowledge by attempting to understand the nature and activities of such business, by analysing the main growth factors and their influence on different growth strategies.

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References

1995Understanding the small business sector 1997Exploring corporate strategy 1998Contemporary Strategy Analysis 2003Managing Resources: Linking Unique Resources, Management, and Wealth Creation in Family Firms 1994Initial human and financial capital as predictors of new venture performance 1992Research on Women Business Owners: Past Trends, a New Perspective and Future Directions 2002The Five Stages of Small Business Growth 2017Strategic Management Competitiveness & Globalization

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