Female Entrepreneurs and Global Economic Development Essay

Exclusively available on IvyPanda Available only on IvyPanda

There is a way to double the global economy, although it is underestimated by companies around the world. This surefire method is the development of female entrepreneurship which can help to raise the economy. Venture capital funds, civil society organizations, and large companies should play a key role in this process (Cornish, 2017). Their joint efforts should be aimed at solving a critical and at the same time underestimated problem: the lack of communities in which women entrepreneurs are provided with support and professional assistance.

We will write a custom essay on your topic a custom Essay on Female Entrepreneurs and Global Economic Development
808 writers online

What difficulties and issues does women’s entrepreneurship face in the modern world? One of the main problems is the low availability of funding, as well as the weak viability of female startups, and the lack of growth (Alecchi, 2020). The key to solving these issues, according to researchers, is high-quality networking and the ease of access to the business community. Countries with easier access to the entrepreneurial community have smaller gender gaps in the performance and vitality of startups.

Although many of the barriers that entrepreneurs face are common, women find it more difficult to overcome them. The main obstacles remain a lack of information, limited access to finance for starting a business, unfavorable tax policies, and difficult administrative procedures. Therefore, state policies should increase the economic opportunities of women by supporting those who start, formalize, or develop their businesses, as well as by integrating gender equality issues in the development of enterprises.

References

Alecchi, B. A. (2020). Latin American Research Review, 55(3), 496–514. Web.

Cornish, L. (2017). Web.

Print
Need an custom research paper on Female Entrepreneurs and Global Economic Development written from scratch by a professional specifically for you?
808 writers online
Cite This paper
Select a referencing style:

Reference

IvyPanda. (2022, June 28). Female Entrepreneurs and Global Economic Development. https://ivypanda.com/essays/female-entrepreneurs-and-global-economic-development/

Work Cited

"Female Entrepreneurs and Global Economic Development." IvyPanda, 28 June 2022, ivypanda.com/essays/female-entrepreneurs-and-global-economic-development/.

References

IvyPanda. (2022) 'Female Entrepreneurs and Global Economic Development'. 28 June.

References

IvyPanda. 2022. "Female Entrepreneurs and Global Economic Development." June 28, 2022. https://ivypanda.com/essays/female-entrepreneurs-and-global-economic-development/.

1. IvyPanda. "Female Entrepreneurs and Global Economic Development." June 28, 2022. https://ivypanda.com/essays/female-entrepreneurs-and-global-economic-development/.


Bibliography


IvyPanda. "Female Entrepreneurs and Global Economic Development." June 28, 2022. https://ivypanda.com/essays/female-entrepreneurs-and-global-economic-development/.

Powered by CiteTotal, online referencing tool
If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda. Request the removal
More related papers
Cite
Print
1 / 1