ICBI 2015

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    The Role of Women Entrepreneurs in Establishing a Sustainable Development in Sri Lanka
    (Faculty of Commerce and Management Studies, University of Kelaniya, 2015) Ambepitiya, K.R.
    Woman has become a significant role in the economic development of any country. They contribute and support the economy extensively is different ways of being employed in different sectors. There are many women running successful businesses and some of them are very successful with entrepreneurial skills. It is a known fact that now many successful and world’s enormous enterprises are owned and run by women. Many of them are actual or potential owners of trademarks, service marks, trade name as well as of industrial designs, patents and copyright. In developing countries some women are running small enterprises and many cooperatives that are proving so successful. Women entrepreneurs in both developed and developing countries are, socially powerful in education and making a positive impact to the society. It is important to study how women in business and their skills can be utilized in order to achieve a sustainable economy for Sri Lanka. The objectives of this study have scattered in the study of women entrepreneurs to a sustainable economy, social system, and ecology. A descriptive research methodology is used for this study and administered to a selected sample from a specific population included with women in businesses and executives who are from private and public sector offices. The study consists of six month duration which uses a questionnaire as the survey instrument. Using the survey, it has resulted significantly the women entrepreneurs can be positioned to play an important role in promoting sustainable practices in economics, social system and ecology, to result a sustainable development. The researcher concludes the study by observing the positive effect on the economy and the development, the Women entrepreneurship is a key to the developing world to promote sustainable practices in business.
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    Promoting Entrepreneurship for Development: A Study based on Status of Employment Data in Sri Lanka
    (Faculty of Commerce and Management Studies, University of Kelaniya, 2015) Senarath, S.A.C.L.
    Currently a high emphasis has been given to promote entrepreneurship as a policy instrument to acquire a rapid increase in employment generation, income creation and poverty alleviation in almost all the countries. Accordingly, Sri Lanka too has attached a considerable importance to promote this area in formulating its development policies, and already taken a number of steps for creating more entrepreneurs. However, in most of the deliberations, the need of the entrepreneurial development is discussed theoretically without even reviewing the success so far achieved based on the relevant national wide data in the economy. Nevertheless, this study, going against this conventional wisdom, attempts are made to analyze more rationally why entrepreneurship should be promoted based on the analysis of status of employment data available in Sri Lanka with catching its development so far achieved. Accordingly, the study found that the formal sectors’ labor absorption has reduced from 64.7% in 1991 to 58.7% in 2013 while that of informal sector has increased from 35.6% to 41.3% in the corresponding period on account of not expanding the entrepreneur category in the employment structure of the economy, beholding a higher level of unemployment for the more educated youths as substantiated by the available official data which indicates that open unemployment for the educated youths is as twice as that of lower level educated persons. The current study shows that percentage of the size of employers or the successful entrepreneurs compared to those of other sectors’ has been stagnated at inadequate low level around 2 to 3 percent of the employed over the study period, and this fact highlights the failure of the country’s attempts so far made to increase entrepreneurs, and why entrepreneurship should be really promoted in order to increase employment generation, income growth and poverty alleviation for the economy. Also, the study concludes suggesting more elaborative ways and means for increasing the size of the volume of employers or successful entrepreneurs to acquire a rapid increase in employment generation, income creation and poverty alleviation for the economy.
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    Business Incubators as Allied In Reducing the Transaction Costs in Mexican Entrepreneurs
    (Faculty of Commerce and Management Studies, University of Kelaniya, 2015) Vargas-Hernández, J.G.
    Strategic alliances are given by voluntary agreement between the parties, and have various forms, means and objectives which exist. In this text, the incubators as potential allies for entrepreneurs in the creation process of the company and as a cause of reduction of transaction costs in the process, where the relationship between the two sides have discussed them generates benefits of various natures. While it is not set as the union of both, if it looks like the relationship and close contact, as a network, which allows the incubator to survive and achieve its objective and entrepreneurial reduce the risk of birth as a company, in addition to build networks with other companies, organizations or institutions and ease of financing, and even the possibility of investors.