A Systematic Review of Issues and Challenges Associated with Women Entrepreneurs

Abstract

Purpose: An entrepreneur is a development driver. It aids in maintaining the economic growth process going. The economic growth of each country decides the status of its citizens. The development of the economy will remain incomplete without the development of entrepreneurs. Women are also a part of the entrepreneurship movement in the country. There is a shift in the role played by a woman in the economy. In recent decades, the study of women’s entrepreneurship has increased. Women encounter several challenges in engaging in commercial activities or conducting entrepreneurial tasks. As entrepreneurs, women confront various socio-economic and other issues. This article adds a literature review on the problems and challenges of women entrepreneurs.

Design/Methodology/Approach: Literature research to examine the notion of entrepreneurship, women entrepreneurs, determinants, concerns, and challenges of women entrepreneurs. The data from textbooks, articles published in Google scholar, Research Gate, and Academia databases, and a thesis from shodhganga.

Findings/Result: As per the study, women are playing multi-role and facing different challenges, from setting up the business to its continuation. The government takes various measures to motivate women’s entrepreneurship in the country. The work-life balance of women entrepreneurs is very challenging. Digitalization has brought challenges and opportunities to women in continuing their businesses. Highly educated women must be encouraged to run their businesses instead of working under someone.

Originality/Value: Women entrepreneurs, motivators, concerns, and obstacles are assessed and presented.

Paper Type: Conceptual Research.