Social Capital and Women Entrepreneur Success in Egypt: Exploring Network, Trust, and Empowerment

Doaa Abdelnaeim and Hakeem Adeniyi Ajonbadi ()
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Doaa Abdelnaeim: Birmingham City University
Hakeem Adeniyi Ajonbadi: University of Doha for Science and Technology (UDST)

Chapter Chapter 5 in Exploring Entrepreneurship, 2024, pp 101-128 from Springer

Abstract: Abstract This chapter investigates the role of social capitalSocial capital in boosting the economic aspirations and success of women entrepreneurs in EgyptEgypt. It examines how women entrepreneurs form and use networks to access information, resources, and opportunities. The chapter adopts social network theories and frameworks while relying on the principle of reciprocity and social support, which substantially influence the success of women-led companies. Women are transformed by social capital, which provides mentorship, collaborations, and market insights, allowing them to succeed in their thrilling entrepreneurial experiences. The chapter highlights the vital role of trust and reciprocity in creating collaborative connections between female entrepreneurs and stakeholders. This nexus paves the way for emotional support, boosts self-efficacy, and increases resilience, allowing women to face obstacles confidently. The findings suggest developing interventions to increase social capital among Egyptian women entrepreneursWomenentrepreneurs, understanding the value of social networks and how the support systems contribute to establishing an inclusive environment that enables women to flourish and contribute to the nation’s economic success. Women entrepreneurs can achieve their full capabilities and promote long-term development by leveraging social networks and creating an atmosphere of trust and support.

Keywords: Social capital; Women entrepreneurs; Social network; Empowerment; Business environment; Egypt (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-56343-0_5

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DOI: 10.1007/978-3-031-56343-0_5

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