Level of Risk Taking Capacity among Female Entrepreneurs in India: A Qualitative Study

Dishi Shah

ABSTRACT

The purpose of this study is to understand the differences in risk taking capacity among female entrepreneurs from India coming from different backgrounds. The study factors of educational, financial, and experiential background and the role they play in women’s ability to take risk. This study investigates the barriers and factors that lead to complexities in the risk taking procedure. This study explores the socio-cultural, economic, and psychological aspects influencing risk-taking behavior, drawing on current research and empirical findings until 2020. It investigates how these risk-taking behaviors impact empowerment, autonomy in making decisions, and general well-being. This investigation was conducted through in person and virtual interviews with women who fit a specified criteria. The study also makes recommendations for future lines of inquiry and policy implications to encourage women in India to take risks and write papers.

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