A Systems View Across Time and Space
Table 1 Main variable’s definitions
S/No | Variable name | Definition | Reference |
|---|---|---|---|
1 | Need for achievement | The concept refers to an individual’s desire for achievement, while it also refers to choose and persist at activities that hold a moderate chance of success or those providing a maximum opportunity of personal achievement satisfaction | |
2 | Risk-taking | The degree to which managers are willing to make large and risky resource commitments, that is, those which have a reasonable chance of costly failures | Miller & Friesen, 1982 |
3 | Self-confidence | Self-confidence has been defined as that it is the human feeling, which has trust in their qualities, abilities and judgment | Twibell et al., 2008 |
4 | Economic factors | Economic factors refer to the set of basic information related to internal project financing and external market condition that affects the business or an ‘investment’s value | Wube, 2010 |
5 | Socio-cultural factors | These factors include a combination of social and cultural factors that affect women entrepreneurs’ success | Wube, 2010 |