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Empirical survey reveals startup motives, barriers, and socioeconomic dynamics in female entrepreneurs, highlighting key challenges in emerging business environments.
This paper provides an overview of the socioeconomic and sociological context of entrepreneurship development in Montenegro. Having regard of the traditional social relations in Montenegro, female entrepreneurship is still emerging. In this respect, an empirical survey was carried out on a sample of 50 female entrepreneurs. The research should provide answers to the following questions: what motives were important for starting business; the barriers they encountered during business startup; the business activity they opted for, as well as to evaluate their cooperation with other business entities and their current social status. The survey was conducted in the period July-August 2017 in municipalities of Kolain, Pljevlja and Podgorica.
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Despotović et al. (2018) studied this question.
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