JJEM: Special Edition 3 (January 2025)
JJEM: Special Edition 3 (January 2025)
2025-01-20
Women Empowerment through Entrepreneurship: Challenges and Opportunities in Emerging Economies
Sanjya Pattanshetty, Dr. Srinivasa Murthy B. V
This study explores the role of entrepreneurship as a catalyst for women's empowerment in emerging economies, examining both the challenges faced and the opportunities available. In emerging markets, women entrepreneurs contribute significantly to economic development, poverty alleviation, and social progress. However, they encounter numerous obstacles, including limited access to finance, cultural constraints, inadequate business training, and restrictive government policies. This paper investigates these challenges through a mixed-methods approach, drawing on surveys, interviews, and secondary data to understand the landscape of women's entrepreneurship. In parallel, it highlights the emerging opportunities created by digital platforms, technology, and innovative business models that allow women to overcome traditional barriers, access broader markets, and participate in the gig economy. The study also assesses the socio-economic impact of women-owned businesses on community well-being, education, and gender equality, showing how entrepreneurial empowerment of women not only improves their personal economic standing but also drives community development and shifts social norms. The findings suggest policy recommendations aimed at supporting women entrepreneurs, such as enhancing access to financial resources, promoting digital literacy, and developing gender-inclusive infrastructure. This research underscores the transformative potential of women's entrepreneurship, advocating for targeted support systems that harness this potential to foster inclusive and sustainable growth in emerging economies.
Economic Development, Social Progress, Cultural Constraints, Business Training and Government Policies