Emerging Dimensions of Women Entrepreneurship: Developments & Obstructions

Sonal Sharma
Journal article Economic Affairs • June 2018

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(English, 10 pages)

Abstract

Women entrepreneurship has been recognized as an important factor of economic development. Women entrepreneurs can originate new jobs for themselves and others. However, they still represent a minority of all entrepreneurs. Women is an essential part of key economic activities and for nation development. Women entrepreneurs often face gender-based barriers to starting and growing their businesses, like discriminatory property, matrimonial and inheritance laws and or cultural practices, lack of access to formal finance mechanisms, limited mobility and access to information and networks, etc. Women’s entrepreneurship can make a particularly strong contribution to the economic well-being of the family and communities, poverty reduction and women’s empowerment, thus contributing to the Millennium Development Goals (MDGs). Thus, governments across the world as well as various developmental organizations are actively undertaking promotion of women entrepreneurs through various schemes, incentives and promotional measures.

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Economic Affairs

Economic Affairs, Quarterly Journal of Economics, is a Peer-Review publication based on multi-dis... see more