Social-Cultural Inhibitions to The Development of Female Entrepreneurship In Osun State, Nigeria

Abstract

There is a broad consensus among scholars and policymakers on the need to promote entrepreneurship among all segments of society, especially in developing nations. While female entrepreneurship is common in Nigeria, scholars have identified a “gender gap” in business longevity, profit margin and industry of preference, among others. The study sought female entrepreneurs’ opinions on the factors inhibiting female entrepreneurship in Osun state, Nigeria.  The descriptive survey research design was adopted.  One research question and two hypotheses guided the conduct of the study.  A 20-item questionnaire was developed to elicit information on the social-cultural inhibitions to female entrepreneurship.  The respondents identified unfriendly laws and culture, inadequate support framework, and family challenges as constraints to optimal female entrepreneurship. The study recommended, among others, that special attention should be paid to female entrepreneurship in respect to access to finance, entrepreneurship support structures and legislation. The study also advocated the swift abrogation of local customs and practices which inhibit optimal entrepreneurial engagement among women.

Keywords: Institutional, social-cultural, inhibitions, female, entrepreneurship.