Search results

Among the various global options for self-employment, venturing into the micro-enterprise sector has been recognized as an important way for employment generation and poverty alleviation in many developing/emerging economies. In this context, women-owned businesses at the grassroots play a vital role in developing countries like India far beyond contributing to job creation and economic growth. The informal sector is a sizeable and expanding feature of the contemporary global economy.

However, the informal economy operates at the cusp of the institutional framework, which makes them susceptible to many risks like lack of formal financing options, legal aid or increasing margin through access to formal markets. Non-Profit Development Agencies (NPDAs) have emerged as a viable and essential middle ground support in promoting women entrepreneurship in their capacity to contribute beyond governmental institutions.

The study adopted an inductive qualitative option through a case study design to explore the approaches adopted by NPDAs in promoting micro-entrepreneurship among women at the base of the pyramid (BoP) in the urban informal sector in India. The findings suggest that the NPDAs created an impact through the services, which translated into monetary earnings for the entrepreneurs. They could make financial contributions to their families, which boosted their self-confidence and overall personality. The findings also indicate positive changes like increased self-confidence, self-dependence, and inner strength as reported by the entrepreneurs.

This chapter addresses the impact of gendered social capital in developing countries to understand the barriers and opportunities to women's entrepreneurship with social capital development and also to examine factors influencing the development of social capital for women and how the identified factors benefit the creation of their entrepreneurial activities. This study follows a systemic literature review to achieve the purpose of the research by examining the selected articles in both English and Turkish, followed by factor comparison between developing, developed countries, and world datasets obtained from Global Entrepreneurship Monitor (GEM) database. The finding shows that social capital strongly impacts the entrepreneurial activities among women entrepreneurs in developing countries, especially in Turkey. Although the academic and practical studies on this field were started about two decades ago in Turkey, it has faced a radical increase in last 5 years and many practitioners and scholars working on these concepts. The clusters in English and Turkish resources are almost the same; however, the density and number of key terms are much lower in Turkish literature which shows a gap for Turkish researchers to publish more in this field to examine variables for better view about women entrepreneurship and social capital related to it.

This chapter provides an overview of entrepreneurship in Montenegro, through various aspects of the analysis. The chapter begins with an analysis of the role and importance of the development of entrepreneurship in Montenegro, followed by an analysis of the institutional and strategic framework for supporting the development of entrepreneurship. In this sense, a significant segment of the chapter is the analysis of various strategic documents, with a special focus placed on the role of the entrepreneurship development strategy, as well as the institutions responsible for the creation and implementation of entrepreneurship policies in Montenegro. The study also includes state measures, that is, support programs for the development of entrepreneurship, and thus the overall Montenegrin economy, which belongs to the group of less developed countries. In addition, the chapter indicates the importance of entrepreneurial learning in the development of entrepreneurial activity. The analysis shows that entrepreneurship is a concept that is increasingly used in Montenegrin economic theory, but also that it is increasingly present in everyday life, which is confirmed by numerous examples from practice. Therefore, through a multi-context analysis, the study depicts the environment for entrepreneurship development in Montenegro, including an overview of the state support, the influence of various factors, as well as certain forms of entrepreneurship that are current, and those that may be promising. The chapter ends with recommendations and guidelines for the further development of entrepreneurship in this country. With this regard, the key elements for increasing entrepreneurial activity are recognized in multiple support for a greater number of people to get involved in business, as well as in the improvement of a favorable business environment through the strengthening of institutional and infrastructural support.

Women entrepreneurship is designated as the new engines of economic growth in developing countries. Prior research shows how men and women differ in starting a business, with women normally facing more restrictions on entrepreneurial financing, entrepreneurial growth, and entrepreneurial performance. This has often been explained by gender role, yet we still lack a systematic understanding of how gender roles impact on women's entrepreneurial process in developing countries. In this chapter, we review literatures on female entrepreneurship in developing countries to show how gender role works in developing countries and especially its influence on the intention/entry/business participation and performance of female entrepreneurs.

The aim of this chapter is to highlight the importance of information and communication technology (ICT) knowledge (ICT-K) for female in socio-economic development in Middle East countries. Currently, men play major roles in the development of Middle East countries without heed being paid to women. The role for women is normally reserved to the home and child caring. Men continue to dominate power structures, education, finance, and travel. Overall levels of women’s ICT entrepreneurship are among the lowest in the Middle East although more women are studying ICT programs in the universities. Even statistics on the number of women entrepreneurs and women’s economic participation are often unavailable or incomplete in this region. Mainly, women’s entrepreneurship and economic participation are relatively limited due to gender-specific barriers to business creation and development, including cultural norms, civil law, or barriers in the business environment. This chapter investigates the challenges and constraints faced, and the support and opportunities available for these female entrepreneurs in ICT. This chapter also presents research on the growing phenomenon of female entrepreneurship in Middle East and suggests a number of ways in which institutions of state and trade – which often act as barriers to women practically running a business – could be overcome.

This chapter defines the role of women entrepreneurship in developing countries in general with more emphasis on Gulf Cooperation Council (GCC) countries. It also introduces trends and challenges faced by women entrepreneurs, incentives to start their own businesses, the support mechanism provided for them, the common conditions for women entrepreneurship, and profile of women entrepreneurs in the GCC and Kuwait. The chapter also covers the impacts of Covid-19 crisis on entrepreneurship (small and medium-sized enterprises (SMEs)) along with the country policy responses to mitigate these impacts and ends with sharing useful recommendations on what needs to be taken into consideration in the future for the development of women entrepreneurship in general and more specifically within GCC countries and Kuwait.

Rural entrepreneurship is an important vehicle to drive sustainable rural development in India. The process of planning, starting, and operating a new business is termed as entrepreneurship. It has been described as having the ability and willingness to create, plan, and manage a business enterprise while accepting any risks involved to generate a profit. In India’s rural areas, enterprise and entrepreneurship are what fuel economic progress. A rural entrepreneur is someone who uses rural resources to develop products and establish enterprises that support the development of the rural economy and its growth potential. Although, these rural business owners encounter issues similar to those faced by urban business owners due to the rural setting in which they operate amplifies their difficulties. To reduce rural people’s migration and to support rural upliftment, it is necessary to encourage entrepreneurship and new employment opportunities. Consequently, rural entrepreneurship has the potential to greatly increase employment in rural areas. It is a more effective method of eradicating poverty and hunger, sustainable health and well-being, enhancing gender equality, quality education, decent work conditions, promoting innovation in industries, and ultimately reducing the inequalities which are mapped with the important agenda of the United Nation’s sustainable development goals (SDGs 2030). To bring about change, institutions must concentrate on the interactions between education, skill, entrepreneurship, and employment. This chapter explores the challenges and skills required for rural entrepreneurship in India, proposing a framework to enhance rural development through entrepreneurship.

Despite the expansion of women's entrepreneurial activities and its positive effects on the economic development of societies, women still face numerous difficulties in starting and running a business compared to men, especially in developing countries because of gender discrimination in the field. The cultural context in societies is a significant factor affecting the status of entrepreneurship among the Iranian women. Therefore, the present research is an attempt to identify the challenges affecting entrepreneurship among Iranian women. The results obtained from 30 semi-structured interviews with women entrepreneurs and women with entrepreneurial roles showed that sociocultural challenges faced by women entrepreneurs are classified into: “the society's perception of entrepreneurship among women,” “women's social security,” and “common family norms governing a society.”

The current chapter is one of the first studies to specifically address the role of civil society organisations (CSOs) for entrepreneurship development in the disadvantaged context of Sierra Leone. It highlights the important role of CSOs in the petty trading (disadvantaged) entrepreneurial ecosystem. Based on qualitative analysis of interviewers undertaken with two CSOs and three entrepreneurial firms from disadvantaged backgrounds, our findings offer interesting insights into this phenomenon. The authors find that in the context of disadvantaged entrepreneurship development, CSOs are seen as more trustworthy by the general population than the government (public bodies). The government, through the national youth commission, also tried to collaborate with CSOs regarding entrepreneurial skills development in disadvantaged entrepreneurs. The findings further reveal that despite the appreciation of the role of CSOs for disadvantaged entrepreneurship development by public authorities in recent years, they still face many bureaucratic hurdles and delays in operations. Finally, our chapter reveals several dynamics associated with skills and competencies development in disadvantaged entrepreneurship in the Sierra Leone-specific context, where skills such as basic business planning, livestock handling, and financial management emerge as being highly useful.