Empowering women entrepreneurs: Shaping India's inclusive future through networking

Women entrepreneurs remain significantly underrepresented in both developed and developing countries, hindered by cultural, historical, and economic barriers. Despite being one of the most underutilized assets globally, the economic empowerment of women is essential to reducing gender disparities and stimulating sustainable growth. Studies have shown that women's increased participation in economic activities not only enhances individual livelihoods but also drives broader societal progress, creating a multiplier effect that benefits families, communities, and entire nations. However, persistent gaps in access to financial, social, and human capital continue to restrict women’s entrepreneurial potential. Addressing these disparities is crucial to closing the gender gap and realizing global economic growth. While the landscape for women in business has seen substantial progress, with a growing number of women-led ventures, this evolution marks a significant step toward breaking down longstanding barriers to gender equality in entrepreneurship. Focusing on India’s evolving entrepreneurial ecosystem, the paper proposes an exploratory study and framework that leverages design thinking to foster professional networks to empower women entrepreneurs. With its dynamic and diverse landscape, India holds the promise of becoming a global leader in fostering inclusive growth and workplace gender equality. Over the next decade, empowering women entrepreneurs through these tools can play a pivotal role in reshaping business ecosystems, accelerating the multiplier effect, and advancing sustainable progress for all.

Authors

Publication Details

Journal
International Journal of Agriculture Extension and Social Development
Published
2024-12-01
DOI
https://doi.org/10.33545/26180723.2024.v7.i12c.1398
Primary Topic
Innovation and Socioeconomic Development
Type
article
Field-Weighted Citation Impact
0.00
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article

Empowering women entrepreneurs: Shaping India's inclusive future through networking

S Rithu Prakruthi
International Journal of Agriculture Extension and Social Development
Innovation and Socioeconomic Development
article

Empowering women entrepreneurs: Shaping India's inclusive future through networking

S Rithu Prakruthi
article en

Abstract

Women entrepreneurs remain significantly underrepresented in both developed and developing countries, hindered by cultural, historical, and economic barriers. Despite being one of the most underutilized assets globally, the economic empowerment of women is essential to reducing gender disparities and stimulating sustainable growth. Studies have shown that women's increased participation in economic activities not only enhances individual livelihoods but also drives broader societal progress, creating a multiplier effect that benefits families, communities, and entire nations. However, persistent gaps in access to financial, social, and human capital continue to restrict women’s entrepreneurial potential. Addressing these disparities is crucial to closing the gender gap and realizing global economic growth. While the landscape for women in business has seen substantial progress, with a growing number of women-led ventures, this evolution marks a significant step toward breaking down longstanding barriers to gender equality in entrepreneurship. Focusing on India’s evolving entrepreneurial ecosystem, the paper proposes an exploratory study and framework that leverages design thinking to foster professional networks to empower women entrepreneurs. With its dynamic and diverse landscape, India holds the promise of becoming a global leader in fostering inclusive growth and workplace gender equality. Over the next decade, empowering women entrepreneurs through these tools can play a pivotal role in reshaping business ecosystems, accelerating the multiplier effect, and advancing sustainable progress for all.

International Journal of Agriculture Extension and Social DevelopmentVol. 7(12)
Gender equality
Openalex Percentile: Top 58%
Innovation and Socioeconomic Development
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