Women Entrepreneurship and Economic Development: A Descriptive Study

Dr. Neelu Kumari

Title: Women Entrepreneurship and Economic Development: A Descriptive Study
Authors: Dr. Neelu Kumari
Journal: International Journal of Social Science and Economic Research (IJSSER) ISSN: 2455-8834 Volume: 3 Issue: 12 Publication Date: December 2018
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Dr. Neelu Kumari Assistant Professor, Doranda College, Ranchi University, Ranchi, India
MLA 8 Kumari, Dr. Neelu. "Women Entrepreneurship and Economic Development: A Descriptive Study." Int. j. of Social Science and Economic Research, vol. 3, no. 12, Dec. 2018, pp. 7766-7775, ijsser.org/more2018.php?id=574. Accessed Dec. 2018. APA 6 Kumari, D. (2018, December). Women Entrepreneurship and Economic Development: A Descriptive Study. Int. j. of Social Science and Economic Research, 3(12), 7766-7775. Retrieved from ijsser.org/more2018.php?id=574 Chicago Kumari, Dr. Neelu. "Women Entrepreneurship and Economic Development: A Descriptive Study." Int. j. of Social Science and Economic Research 3, no. 12 (December 2018), 7766-7775. Accessed December, 2018. ijsser.org/more2018.php?id=574.
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ABSTRACT: Entrepreneurship has long been recognized as an important engine of economic development, contributing to employment generation, innovation, and overall economic growth. In recent decades, the increasing participation of women in entrepreneurial activities has drawn significant attention from researchers and policymakers across the world. Women entrepreneurship has emerged as an important instrument for promoting inclusive economic development and social empowerment. Women entrepreneurs contribute to the economy by establishing enterprises, generating employment opportunities, and promoting innovation in various sectors. Their involvement in economic activities not only strengthens economic development but also improves the socioeconomic status of women and their families. In many developing economies, women entrepreneurship has become a significant source of income generation and poverty reduction. Despite these contributions, women entrepreneurs often face several challenges such as limited access to financial resources, lack of education and training, socio-cultural barriers, and restricted access to markets. These challenges can hinder the growth and sustainability of women-owned enterprises. The present study aims to examine the role of women entrepreneurship in economic development using a descriptive research approach. The study relies on secondary sources of information including books, research articles, policy reports, and institutional publications. The study highlights the importance of women entrepreneurship in promoting economic growth, employment generation, and social empowerment. The findings of the study suggest that women entrepreneurship plays a significant role in fostering inclusive economic development. However, supportive policies, improved access to finance, entrepreneurship training, and institutional support are necessary to encourage women entrepreneurs and enhance their contribution to economic development.

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