Economic Empowerment of Women-led Firms in Developing Countries (original) (raw)

Empowering Women through Entrepreneurship Development in Emerging Economies: An Overview

Abstract The present study socio-economic empowerment of women through micro enterprises: a case study of AJK is an attempt to analyze the role of women owned microenterprises on their socio economic empowerment in Azad Kashmir. In this study Socio economic empowerment of women through microenterprise is taken as predictor variable while freedom of movement and Economic freedom and social uplift is taken as criterion. This is a quantitative research study based on purposive sampling technique. The statistical estimates and analysis are based on a data set of survey and stake holder’s interviews. The data set was statistically tested using standard SPSS software. Descriptive and regression analysis were used for data analysis. The results of this study revealed that women gained socio-economic empowerment after taking up these ventures.

Employment Women Through Entrepreneurship Development and Education in Developing Countries

JWEE, 2018

Women entrepreneurship is today one of the major factors contributing to a country’s prosperity and to the global market in general. However, females still own and manage significantly fewer businesses than men. Especially, women in developing countries face disadvantages and discrimination. Compared to their male counterparts, women in developing countries have a lower level of education and skill training. Another important challenge for female entrepreneurs in developing countries is the issue of safety and protection of women, especially those operating in the informal economy. The most female entrepreneurs in developing economies are motivated to start their businesses out of necessity, reflecting lack of employment alternatives or dissatisfaction with existing employment. The overall nature and extent to which female entrepreneurship can develop in developing economies is greatly influenced by project to strengthening them. In line with this, the aim of our research was to exp...

Women Empowerment in Entrepreneurship: An Effective Strategy for Poverty Reduction

2018

The present situation in the country demands for active participation of all to seek and proffer solution. Revival of the nation cannot be left only in the hands of the menfolk. Women as divine helpers, home and nation builders have a lot of contributions to make towards revitalization of our economy. This paper examined women empowerment in entrepreneurship as an effective strategy for reducing poverty. It examined the following concepts: women, women entrepreneurship, empowerment, women empowerment and poverty. The question of how to reduce poverty through empowering women financially to establish businesses were also highlighted. The paper concluded that empowering women will reduce the level of unemployment and as well develop personal and social capabilities in women. The paper therefore recommended among others that governments through her various agencies should map out strategies for reaching and providing fund to women who are willing to set up businesses Key words: women, ...

Women, Entrepreneurship and the Opportunity to Promote Development and Business

Brookings Institution, 2013

This paper is part of the 2013 Brookings Blum Roundtable Policy Briefs, which details the role of the private sector in the post-2015 development agenda. Female entrepreneurship represents a vast untapped source of innovation, job creation and economic growth in the developing world. The barriers to women’s entrepreneurship are various: Women face greater obstacles in accessing credit, training, networks and information, as well as legal and policy constraints. The World Economic Forum shows little progress in narrowing the economic gap between women and men. Yet not all is lost! Innovative initiatives to promote women’s entrepreneurship—driven by both the private and public sectors—are on the rise. This brief provides an overview of the global landscape of women’s entrepreneurship. It aims to demystify the challenges that women face in accessing finance, and it highlights some of the typical challenges regarding capacity- building programs targeted at women entrepreneurs. Above all, this brief focuses on potential solutions and enablers by drawing on practical experiences from the public and private sectors in both emerging and developed markets. It concludes that innovative partnerships, particularly when private and public sector entities are involved, are beginning to make a dent, with the potential for large-scale impact. Those who embrace women’s entrepreneurship as an opportunity are likely to reap the rewards in new market opportunities and higher development impact

Women Empowerment Through Micro-Enterprises – A Study Of

Empowerment of women means equipping women to be economically independent, self-reliant, have a positive self-esteem to enable them to face any difficult situation and they should be able to participate in development activities and in the process of decision making. It has been globally recognized that women's empowerment can be well paying strategy for overall economic and social development. This has resulted insignificant changes in the approach to assist, women in a continuum ranging from welfare to development. Entrepreneurship development among women is one activity that promises encouraging results. The present study is an attempt tostudy the socioeconomic background of the women entrepreneurs and to assess the role of micro-enterprises in the empowerment of women in terms of economic, social and psychological spheres in Y.S.R District of A.P. For this a sample of 60 women micro enterprises were selected based on simple random sampling method from the sampling frame of 107 women microenterprises registered in the District Industries Centre (DIC), Y.S.R District.It is concluded that women have attained economic, social and psychological empowerment after starting the micro-enterprises, which a true reflection of empowerment of women. Finally,suggestions are given for the promotion of women micro-enterprises.

"Promoting women-led small-scale enterprises - Practices and lessons from business incubators and support centres in developing countries" A. Lustrati, P. Cirillo & V. Sommacal

Women in developing countries face multiple challenges when setting up or developing local businesses. Poor access to information, inputs, skills, finance and markets affect women disproportionately due to gender-related barriers at different levels: the household, the community, the institutions and the economy at large. This situation limits the life choices and constrains the creativity of a vast population, while leaving an enormous amount of entrepreneurial and productive potential untapped. Smart, gender-sensitive and context-relevant solutions are needed to enhance and valorise women’s contribution towards pro-poor growth. Determined to find such solutions, AIDOS and its partners – with the support of IFAD and other donors – have worked since 1995 with local communities and organisations in the Middle East, Africa and Asia to design, test and implement innovative models of business incubation that foster female entrepreneurship through a holistic and inclusive approach. As a result, village-based ‘virtual business incubators’ (VBIs) and small business centres have been established in Palestine, Jordan, Syria, Tanzania and Nepal, to provide local women with better access to tailored business development support, to help them develop new products and services, to facilitate their access to enterprise finance and to connect them more effectively to the relevant markets. This publication charts the journey of AIDOS and its partners through the different stages of designing and establishing a VBI, as well as addressing the issue of incubator sustainability. The book – written by enterprise development and gender specialists who have developed this approach and have first-hand experience of its application in the field – offers a detailed explanation of the VBI methodologies and services, while introducing the readers to the key needs, potentials and dynamics of women-led enterprises through real-life examples.

Micro Entrepreneurship and Women Empowerment

Poverty has become a major problem in many parts of the world. Therefore, the United Nations (UN) put eradicating extreme poverty and hunger as the first target of Millennium Development Goals (MDGs). The first MDG target is to reduce number of people living under one dollar a day by half in 2025 and then achieving decent employment for all, including women and youth (UN). This target were put first because many countries in the world believes that by eradicating poverty and hunger first then other development programs can improve. However, during the past several years, there has been economic crisis that hit USA, Europe and some other parts of the world, and the impact of this crisis which affected the global financial situation is hindering the global effort to reduce poverty incidence. Along with the poverty eradication, empowerment of women also becomes one of Millennium Development Goals’ targets. In MDG three, promoting gender equality and women empowerment are clearly stated with the specific target to erase gender inequality in primary and secondary level of education in 2005, and further in all educational level by 2015 (UN). To meet both end of MDG target one and three, one of the approaches that could be used is by utilising the microcredit and micro entrepreneur scheme. The micro entrepreneur scheme is believed to be able to alleviate economic poverty by exposing the poor people towards productive paid work. Moreover, by utilising the microcredit scheme, it is hoped that the financial support could reach the poorest of the poor people who could not receive services from regular financial institution. Furthermore, by emphasizing on women involvement, the chance of them being empowered is increased due to having access towards finance (Bruni et al. 2005). There is, however, a debate on the issue of the contribution of microcredit and micro entrepreneurship towards empowerment of women. There are still inconsistent results where the exposure towards microfinance scheme and increase in household income due to microenterprise profit do not translated into the increase of women’s bargaining position within the household nor their social status in the community (Hanson 2009). This essay aims to critically analyse the impact of micro entrepreneur schemes towards the empowerment of women in indigenous community in Papua. In terms of women empowerment, this essay argues that the implementation of micro entrepreneur schemes do not always provide positive effect towards women empowerment and increase in social status for women within the traditional indigenous communities.

Women Empowerment to Build Entrepreneurship

Journal of Nonformal Education

Problems in the implementation of women empowerment activities organized by government or community institutions indicate that the number of women is large enough, yet can not be utilized all the potential for development purposes because women can not enjoy life better because of the shackles of cultural sanctions. the theoretical studies developed related to building women through entrepreneurship program is one of the reasons to empower women to be able to create entrepreneurship opportunities. This study was conducted using research and development methods with data collection techniques; literature study, observation, interview, documentation, questionnaire and test. The data are analyzed descriptively, qualitatively and quantitatively. Implementation of activities in Neglasari Village Tasikmalaya. The findings show that the implementation of entrepreneurial activities as an effort to empower women can improve the level of better family economy. The results of this activity can...