Women entrepreneurship for bridging economic gaps

Abstract

Everywhere women are forced into combative positions in a struggle for recognition not just as mothers but their willingness resilience and determination to be successful entrepreneurs. There have been different women's economic empowerment interventions but these programs are not enough to overcome the barriers in place. Still gender and entrepreneurial activities influence the growth of the economy of any nation. In reality economic development depends mainly on gender equality and female entrepreneurship. Therefore this paper thus uncovers the relationship between entrepreneurial activities by women and gender-related economic development. The aim is to investigate the relationship between the rate of female entrepreneurship and gender equality. Emerging evidence from experimental economics and psychology on leadership mindset and agency highlights the need for transformative human interventions. Therefore interventions should cover foundational needs and consider the skills social and psychological barriers stopping women from building their dreams. Randomized control trials already show that gender-based training-based and capital-based interventions can yield more remarkable outcomes. © 2023 Elsevier B.V. All rights reserved.