Impact of entrepreneurial culture on women economic empowerment in Abeokuta Metropolis, Ogun State

Abstract

This study measured the correlates of entrepreneurial culture with women economic empowerment in Abeokuta Metropolis, Ogun State. This research adopted a purposive non-probability sampling method by which 250 women entrepreneurs were sampled from key markets. The structured questionnaires further helped retrieve data for the use of analyses based on linear regression from semi-structured interviews. The results found the relations to be significant: entrepreneurial mindset toward income generation, R = 0.996; R² = 99.1%, F = 25027.621, p < 0.001; access to entrepreneurship resources and business ownership, R = 0.995, R² = 98.9 %, F = 20342.986, p < 0.001; supportive entrepreneurial environment and relation to financial independence, R = 0.997; R² = 99.4 %, F = 36290.453, p < 0.001. Therefore, the paper concludes that entrepreneurial mindset, resource access, and a supportive environment are drivers of economic empowerment for females in Abeokuta Metropolis. It is, therefore, recommended that such measures include regular training and mentorship programs, better access to finances, and advocacy for business policies that are supportive of an enabling environment. These are empirically well-targeted and critical recommendations towards the promotion of an enabling environment for women entrepreneurs fostering gender equality in entrepreneurship.