An Examination of The Role of Psychological Empowerment on Entrepreneurial Success: Evidence of Women Entrepreneurs in Semarang City
Keywords: Psychological empowerment, Women entrepreneur, Entrepreneurial success
Abstract
Purpose – This study aims to review empirical data on the effect of empowerment on performance at the individual level. It investigates the aspects of empowerment and how they affect a female entrepreneur’s ability to succeed.
Methodology – We collected 96 female entrepreneurs in Semarang City participated in this study. Data was gathered using a Google form link questionnaire. The data was analyzed using the WrapPLS 8.0 software and the structural equation modelling (SEM) technique.
Findings – The findings showed that women’s success as entrepreneurs is influenced by all three aspects of psychological empowerment: self-determination, competence, and impact. However, the meaning dimension does not affect women’s entrepreneurial success.
Originality – Based on the body of knowledge from previous research, there is a population gap. The originality of this research is to consider the object that has not been studied in previous studies, that is, women entrepreneurs.
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