Women's Empowerment Through Entrepreneurship in Emerging Economies

Abstract

The concept of women entrepreneurship has the ability to transform the whole society, it gains more relevance in emerging economies. Through women's entrepreneurship, not only the economic freedom of women can be ensured but it also fosters creativity innovation, and productivity in emerging nations. One of the best ways to make women empower along with education is “women entrepreneurship.” In the process of women entrepreneurship, women not only earn self-respect, but they also understand the peculiarities of economic and social dimensions of life. The abilities of women are many-fold, which can be harnessed easily by adopting the path of women entrepreneurship. The tool of women entrepreneurship can act as a facilitator, motivator as well as moderator of fostering women empowerment. If access to finance through microfinance and other interventions, is provided to women they become empowered in many aspects. This chapter highlights the role of women entrepreneurship for women empowerment in emerging economies. This piece of research highlights various policy implications also in order to nurture women entrepreneurship.