Abstract :

Women play significant roles in entrepreneurship development in the country, particularly in the province of Camarines Norte. This study determined the entrepreneurial capabilities of women entrepreneurs and their contributions to entrepreneurship development in Camarines Norte. It employed a descriptive method of research in assessing the profile of women entrepreneurs; their entrepreneurial capabilities along identifying business opportunities, running a business, driving innovation and adapting to economic conditions; their contributions to entrepreneurship development and the problems commonly encountered by them.

Findings revealed that respondents mostly were 41 to 50 years old age bracket, married, with a baccalaureate degree, have been running the business for five to ten years as a small-type of enterprise, with an initial capital of ₱100,000 and below, and employed five and below employees. The entrepreneurial capabilities of women entrepreneurs were interpreted as much capable of identifying business opportunities, running a business, driving innovation, and adapting to economic conditions. The contributions of women entrepreneurs to entrepreneurship development were interpreted as much evident in terms of income generation, job creation, innovation, and environment protection. Also, the most common problem encountered by women entrepreneurs is business competition. Given the results of the study, a proposed training design was developed to help women entrepreneurs strengthen their entrepreneurial capabilities.

---

Keywords :

Entrepreneurial Capabilities, Entrepreneurship Development, Women Entrepreneurs

---

References :

1. Bersales, LG. S. (2019). PSA Issues Updates on Women and Men in the Philippines Reference No.: 2019-029.  https://psa.gov.ph/gender-stat.

2. Republic Act 7882. An Act Providing Assistance to Women Engaging in Micro and Cottage Business Enterprises and for Other Purposes. https://pcw.gov.ph/republic-act-7882-provision-of-assistance-to-women-engaging-in-micro-and-cottage-business-enterprises-and-for-other-purposes/
3. Republic Act 9710. Magna Carta of Women. https://www.officialgazette.gov.ph/2009/08/14/republic-act-no-9710/
4. Shields, P. & Rangarajan, N. (2013). A Playbook for Research Methods: Integrating Conceptual Frameworks and Project Management. https://www.semanticscholar.org/paper/A-Playbook-for-Research-Methods%3A-Integrating-and-Shields-Rangarajan/854b292ee68cbd18fb4e7dec1fe2e88ccd4dad5f
5. Jesnoewski, A. (2018). Four ways to identify more business opportunities. smartcompany: https://www.smartcompany.com.au/startupsmart/advice/business-planning/four-ways-to-identify-more-business-opportunities/.

6. Itani, O. S., Goad, E. A., & Jaramillo, F. (2019). Building customer relationships while achieving sales performance results: Is listening the holy grail of sales?. Journal of Business Research, 102, 120-130. https://www.sciencedirect.com/science/article/abs/pii/S0148296319303017

7. Mukhtar, A., & Faiz, R. (2020). Fighting Work-Life Conflict: Strategies of Women Entrepreneurs of Fashion Industry of Pakistan. Business & Economic Review, 12(4), 44-70. http://bereview.pk/index.php/BER/article/view/358
8. Peshev, M. (2019). 8 Things Entrepreneurs Need to Know About Running a Business and Landing Customers. https://mariopeshev.com/entrepreneurship/8-things-entrepreneurs-need-running-business-landing-customers/.
9. Manolova, T. S., Brush, C. G., Edelman, L. F., & Elam, A. (2020). <? covid19?> Pivoting to stay the course: How women entrepreneurs take advantage of opportunities created by the COVID-19 pandemic. International Small Business Journal, 38(6), 481-491. https://journals.sagepub.com/doi/full/10.1177/0266242620949136
10. Satara, A. (2019). 2 Reasons Entrepreneurs Should Always Be Open to New Opportunities.  https://www.inc.com/alyssa-satara/why-entrepreneurs-should-constantly-be-searching-for-new-opportunities-even-while-running-a-successful-company.html.
11. Saini, K., & Jain, S. (2018). Women Entrepreneurship The Emerging Workforce in 21st Century: Turning Challenges into Opportunities. International Journal of Research in Management & Social Science, 101.https://www.researchgate.net/profile/Lekha-Ravi/publication/335772906_Volume_6_Issue_2_IV_public_private_partnership_ppp_in_infrastructure_developmenta_critical_review_lekha_ravi_and_dr_p_g_arul/links/5d7a43de299bf1cb809b40ba/volume-6-issue-2-iv-public-private-partnership-ppp-in-infrastructure-development-a-critical-review-Lekha-Ravi-and-Dr-P-G-Arul.pdf#page=108

12. Sammon, D. (2019). 7 Tips For Entrepreneurs To Adapt To Changes In Business. https://thriveglobal.com/stories/7-tips-for-entrepreneurs-to-adapt-to-changes-in-business/.
13. Anggadwita, G., Luturlean, B. S., Ramadani, V., & Ratten, V. (2017). Socio-cultural environments and emerging economy entrepreneurship: Women entrepreneurs in Indonesia. Journal of Entrepreneurship in Emerging Economies. https://www.emerald.com/insight/content/doi/10.1108/JEEE-03-2016-0011/full/html
14. Ward, S. (2019). How to Transform Your Small Business Into a Big Business.https://www.thebalancesmb.com/top-ways-of-growing-your-business-2948140.
15. Muhammed, A. (2018). Why Entrepreneurs Should Keep Up With New Technologies.https://www.entrepreneur.com/article/316042.

16. Ashe-Edmunds, S. (2018). Importance of Compliance in Business. https://smallbusiness.chron.com/importance-compliance-business-71173.html.
17. Zhu, L., Kara, O., & Zhu, X. (2019). A comparative study of women entrepreneurship in transitional economies: The case of China and Vietnam. Journal of Entrepreneurship in Emerging Economies.https://www.emerald.com/insight/content/doi/10.1108/JEEE-04-2017-0027/full/html

18. Garstenstein, D. (2018). What Are the Advantages & Disadvantages of Economic Competition?.https://bizfluent.com/info-8455003-advantages-disadvantages-economic-competition.html.