Published 2022-12-01
Keywords
- women entrepreneurs, economic growth, entrepreneurship, society, socio-economic development, SMEs
How to Cite
Abstract
Over the past decade, there has been a boom within the business environment, with women entrepreneurs evolving in large numbers contributing to the social and economic level development of society. Economic participation and development of organizations indicate that 15% to 35% of entrepreneurs are women. The business being the fulcrum of any economy, it is the responsibility of the business proprietors, be they, men or women, to weigh the effect of their operations on society. Entrepreneurship in management is the process of organizing existing resources for marketable products and services. Women business owners who have adopted and executed entrepreneurial exercises and techniques in their firms can be called women entrepreneurs. Generally, entrepreneurship is considered a domain for men; however, women have pioneered fields like teaching, retail, and health professions for a very long period, and women are known for their problem-solving strategies to deal with problems, issues, multitasking, team building and the successful development of organizations. The story of women entrepreneurs is a societal change that has been happening since the early 21st century. Economic growth has been steady in countries where women have advanced in entrepreneurship, whereas in countries where growth in women's entrepreneurship is not so evident Economic development has been stagnant. Hence, this paper narrates the entrepreneurial opportunities for women in India.
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References
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