WOMEN ENTREPRENEURSHIP : A PROFILE (original) (raw)

Women Entrepreneurship across Nations

Handbook of Research on Entrepreneurship in the Contemporary Knowledge-Based Global Economy, 2016

Since the past two decades the concept of women entrepreneurship has gained recognition as a significant contributor towards the economic growth of the country. This can be attributed to the many encouraging factors like family support, flexibility in work family schedule, encouraging policies etc. Nevertheless, there also exist certain barriers that hinder their path of progress. In the context of globalization today, women entrepreneurs across nations are also engaged in identifying opportunities for further growth. In this pursuit they face a number of challenges amidst the opportunities. The chapter intends to make a contribution to the topic of women entrepreneurship by examining what initiates entrepreneurship among individuals, comparison between male and female entrepreneurs, factors that encourage women entrepreneurs as well as those that inhibit their growth and on ways to overcome the challenges they face.

Women Entrepreneurship from a Global Perspective

International Journal of Research in Commerce, Economics & Management, 2013

ABSTRACT The number of women entrepreneurs is increasing all over the world but the rate of increase is not the same for all the countries. In some of the developed countries women entrepreneurship is growing at a very low rate on the other hand in some developing countries entrepreneurship amongst women is growing at a very fast rate. It is postulated that the disparity in growth of women entrepreneurs in various countries is due to the diversity in the perception of the social and economic milieu prevailing in the society. This paper attempts to explore the characteristics, motivation and challenges faced by the women Entrepreneurs. The paper also explores the factors that differentiate women entrepreneurs in developed countries from women entrepreneurs in developing countries.

Women Entrepreneurship: A Global Perspective

Indian Journal of Applied Research, 2011

Today, women in developed economies own more than 25% of all businesses and women-owned businesses in Africa, Asia, Eastern Europe and Latin America are growing rapidly. This paper focuses on women entrepreneurs in global scene and the problems faced by them while managing their own businesses in the competitive world of business environment. The study leverages the data on women entrepreneurship from Global Entrepreneurship Monitor (GEM). A critical evaluation of the literature revealed that female entrepreneurs often have similar reasons for starting their own businesses, including issues related to the glass ceiling and balancing family and work. While the obstacles for female entrepreneurs still exists, women still experience challenges in attaining vital information, training and financing for their entrepreneurial ventures.

Worldwide role of women entrepreneurs in economic development

Asia Pacific Journal of Innovation and Entrepreneurship, 2020

Purpose The contribution of women entrepreneurs is still invisible and needs to be properly investigated. The purpose of this paper is to investigate this relationship by measuring women entrepreneurship and economic development at global level. Design/methodology/approach Secondary data has been retrieved from Female Entrepreneurship Index Report 2015, Human Development Report 2015 and KOF Index of Globalization 2015. Cross-sectional data is used from 69 countries of the world. Multiple regression is applied to estimate the data. Findings The results explained the significant impact of women entrepreneurship on the economies of the world. It was observed that women participation in entrepreneurial activities not only supports to their family income but also plays a significant role in economic development and social well-being of the society. Research limitations/implications There is no information about total output of women entrepreneurs in terms of new enterprises setups and es...

Women’s Entrepreneurship and Globalization

This paper is prepared at the end of the year 2014, after more than 20 years when the women have come to an urge agenda promoted first by the United Nations Organizations for human rights and from the developed countries, extended through different instruments and mechanisms to the developing and third world countries. Yet much need to be done for the half of the world population to find the merited position in different fields of society. This paper tackles the economic empowerment of women through entrepreneurship in the Era of Globalization and World Financial Crisis, trying to bring challenges, achievements, arguments and measures for this economic empowerment of women to become a reality. Bringing the World’s largest excluded group into the fold, unleashing the economic power of women we can get in the years ahead the economic growth, dynamism and ingenuity (Lagarde, 2014). The first part of the paper is a short introduction of the fact that women’s power is an untapped resource that the world is missing for many years, which is considered a solution for high priority actions of every country in the World. The second part discusses about globalization, entrepreneurship and gender equality and brings two arguments on globalization and advancement of gender equality: i) having into consideration the gender inequalities and discrimination in all parts of the world, women can be affected negatively by globalization processes to a greater extent than men; ii) the globalization has the potential to contribute to greater gender equality, but in the absence of public policy, globalization alone cannot and will not make gender inequality go away (Wold Bank, 2012). The third part of the paper presents the women’s entrepreneurship advancement in the World. This part shows how well women have succeeded in a world full of inequalities. Although women face time, human, physical, and social constraints that limit their ability to grow their businesses women-run enterprises are steadily growing all over the world, contributing to household incomes and growth of national economies. The fourth part discuss the women’s entrepreneurship in Balkan. To prepare this part difficulties have been found from the absence of studies and analysis on this topic. Few scholars have analysed the women’s situation in business in Balkan and the unused power of around 60 % economically inactive population of the Balkan countries, the women. Talking about women in business the fifth part brings the latest opinion, analysis and discussions of the big world organizations such as World Bank, International Monetary Fund and World Trade Organization about worldwide women’s entrepreneurship and trade. The paper is closed by the conclusions part where is underlined the importance of policies for women’s entrepreneurship development and about the positive actions toward this aim from the states and different organizations all over the world. Keywords: Women’s entrepreneurship, globalization.

Investing in Women’s Entrepreneurship: Inclusive and Sustainable Economic Growth

Accounting, Finance, Sustainability, Governance & Fraud: Theory and Application, 2019

An important part of capitalizing on human potential lies in fostering entrepreneurship, which is essential to economic growth and employment creation. A Global Entrepreneurship Monitor study of 18 economies from 2002 to 2010 suggests that women's entrepreneurial activity is lower than that of their male counterparts at different stages of development. Although, women's entrepreneurship is large, diverse, and of great economic significance to achieve sustainable development, women-owned businesses comprise between one-quarter and/or one-third of businesses worldwide. It is almost certainly understated because available data do not always distinguish by gender, and women are more likely to run businesses in the informal economy where data are hard or impossible to capture. Societal attitudes and norms inhibit some women from even considering starting a business, while systemic barriers mean that many women entrepreneurs stay confined to very small businesses often operating in the informal economy. Exclusion of land rights and other gender-specific patterns of the property make it difficult for women to acquire physical assets for chain activities. Further, gender differences in literacy and education reduce their ability to communicate with buyers and suppliers and thus limit their bargaining power. Women experience greater constraints on their economic actions relative to men. This means that women tend to different needs than men regarding entrepreneurship due to the different roles and responsibilities of women which are assigned by society. However, governmental policies and programs must address the various constraints acting on the abilities of women to succeed. International networks are very important concerning capacity and business development of women entrepreneurs through the development of gender-sensitive public policies, supply chain, and marketing practices besides the promotion of women's entrepreneurship. Through networks, the information should be attractive to women and should advertise programs matching the assistance they need. Otherwise, it could be harder to recruit women into entrepreneurship in cases when women do not believe they are able to take on the challenge. The purpose of this paper is to examine women's en

UNFOLDING POTENTIAL OF WOMEN ENTREPRENEURSHIP FOR ENHANCING ECONOMIC EMPOWERMENT AND EFFICIENCY

Women entrepreneurs play a significant role in creating new job opportunities for themselves and for the society as a whole. They also contribute towards increasing the per-capita income of the country and as a result the economy as a whole can enjoy a better standard of living and the future becomes brighter for the next generation. The developing economies agree that entrepreneurship has always being a greater booster for the development. In fact, the women gain a better understanding of managing family and business simultaneously. This paper has made an attempt to explore the role of women in the global struggle for a stable economy. They have the better ability to take risks and business decisions. Women's strength in emotional intelligence can be a competitive advantage in proper utilization of human potentialities. This paper has highlighted that the governments should implement policies to foster entrepreneurship and reap the benefits of their participation in the economy. A woman to become entrepreneur self-confidence plays a vital role which comes thorough planning and it reduces uncertainty and the level of risk. It also comes from expertise. Self-confidence gives the women the ability to listen. These days with the advancement of the technology any skills can be learned quickly or there is a way out to hire someone who has strengths that the entrepreneur lacks. The paper has concluded that the most important strategy to become a successful entrepreneur is to be aware of strengths and to build on them. This paper has highlighted as how it is in interest of enhancing economic empowerment and efficiency.

Introduction: Women Entrepreneurs and Growth

Women Entrepreneurs and the Global Environment for Growth, 2010

Women-owned businesses are one of the fastest growing entrepreneurial populations in the world. They make signifi cant contributions to innovation, employment and wealth creation in all economies (Brush et al., 2006). Statistics from the Global Entrepreneurship Monitor (GEM) indicate that women entrepreneurs create and run businesses across all of the broad industrial sectors of extraction, transformation, business services and consumeroriented products. Women in developed economies are more likely to start businesses out of opportunity motivation while those in less developed economies are motivated by necessity. Latin America and Asia have higher rates of entrepreneurial activity for women than Europe and the US. However, women entrepreneurs make signifi cant contributions to economies in terms of jobs, innovations and gross national product (Allen et al., 2007). Despite the growing importance of women entrepreneurs, they are understudied and the paucity of research on the phenomenon of women's entrepreneurship is well documented (Baker et al., 1997; de Bruin et al., 2006, 2007). Recent literature reviews suggest that studies about women entrepreneurs comprise less than 10 per cent of all research in the fi eld. The result is that we know comparatively little about women entrepreneurs even though they contribute positively to gross national product (GNP), jobs, innovations and societal welfare globally. For the past 10 years, the Diana Project has worked to resolve this disparity. THE DIANA PROJECT Early research on women's entrepreneurship focused on factors infl uencing the start-up of ventures (Gatewood et al., 2003). Notably absent was an understanding of factors aff ecting growth. In 1999, Candida Brush,

Role of Women Entrepreneurship Development for Global SocioEconomic Prosperity

Keynote Speech on “Role of Women Entrepreneurship Development for Global Socio-Economic Prosperity” at the 2nd International Conference on Contemporary Researches in Engineering, Science, Management & Arts (ICCRESMA), NFED, Tamil Nadu, India , 2022

Entrepreneurship development and economic prosperity are interlinked in many phases. Entrepreneurship development boosts up economic growth by introducing innovative technologies, products, and services. Through the increased competition from the entrepreneurs the existing business firms become more competitive. Entrepreneurs create new job opportunities in the economy, helps in formation of capital, improvement in per capita income, enhancement in Living Standards, Economic Independence and Backward and Forward Linkages. Hence, the development of entrepreneurship is the key for the development process of any country in the world. Whatever be the form of economic and political set-up of a country, entrepreneurship is indispensable for the economic prosperity and the development of standard of living of the people.