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Empowering Women Entrepreneurs: Challenges, Strategies, and Impact

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  • Mucollari Hava

Abstract

Women entrepreneurs are increasingly shaping the global economic landscape, driving innovation, and contributing to socio-economic development. Despite their growing presence, they face unique challenges that differ from their male counterparts, including gender bias, limited access to capital, and balancing business and family responsibilities. This paper explores the barriers women entrepreneurs encounter, the strategies they employ to overcome these challenges, and the impact of their entrepreneurial activities on communities and economies. By examining case studies and empirical data, this research highlights the importance of supportive ecosystems, policy interventions, and mentorship in fostering female entrepreneurship. The findings underscore the need for a more inclusive entrepreneurial environment that not only empowers women but also enhances overall economic growth.

Suggested Citation

  • Mucollari Hava, 2024. "Empowering Women Entrepreneurs: Challenges, Strategies, and Impact," Academic Journal of Business, Administration, Law and Social Sciences, Sciendo, vol. 10(3), pages 103-109.
    • Handle: RePEc:vrs:ajbals:v:10:y:2024:i:3:p:103-109:n:1010
    DOI: 10.2478/ajbals-2024-0025
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    1. Elena Bardasi & Shwetlena Sabarwal & Katherine Terrell, 2011. "How do female entrepreneurs perform? Evidence from three developing regions," Small Business Economics, Springer, vol. 37(4), pages 417-441, November.
    2. Joyce A. Strawser & Diana M. Hechavarría & Katia Passerini, 2021. "Gender and entrepreneurship: Research frameworks, barriers and opportunities for women entrepreneurship worldwide," Journal of Small Business Management, Taylor & Francis Journals, vol. 59(S1), pages 1-15, August.
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