Barriers to Women Entrepreneurs – Review

Abstract

Women entrepreneurs contribute significantly to the global economy and society. In other words, women entrepreneurs represent about one in three growth-oriented entrepreneurs active in the world today. Women are not only approaching parity with men in terms of startup activity, but they are also heavily involved in high-growth entrepreneurship and clearly making a significant impact in their markets, communities, and national economies. Women entrepreneurs, on the other hand, face various obstacles to financing, owning, and growing a business, including a lack of finance and technology, a lack of networks and knowledge resources, and legal and governmental barriers to business ownership and development. Women-led businesses are concentrated in the retail and service sectors, which have smaller earnings and growth potential, and are infrequently seen in more profitable industries like construction, electronics, or software. Female business is also hampered by a lack of networks and knowledge. This study aims to identify the barriers towards Women entrepreneurs and is to be conducted in order to provide a better understanding of the barriers faced by Women entrepreneurs.