Women Entrepreneurship- A Developing Economy Perspective

Abstract

Women entrepreneurship has attracted the attention of researchers from disciplines such as strategy, social sciences, organization theory, economics, finance, and cultural studies in recent times. This paper probes this diverse literature and tries to identify the potential research avenues, especially from the developing economy perspective. Extant literature suggests that the presence of women entrepreneurs is scant worldwide, and women-led firms trail in performance. The literature also indicates differences in firm structuring, goals, and impact on the ecosystem. Interestingly, the women entrepreneurship discourse in developing economies is at early stages, contrary to developed economies. Literature mainly probed the antecedents for the low presence of women entrepreneurs and differing entrepreneurial intentions. Literature also examined their challenges and how they engage in micro/informal setups and use emerging technologies. In short, women entrepreneurship in developing economies is context-driven owing to socio-economic and cultural barriers. However, it presents a powerful option for women to achieve economic independence, challenge social structures and emerge as a contributor to the economy.