Bridging the Gender Gap: Exploring the Challenges that Women Face in Entrepreneurship

Komalpreet Kaur () and Vanina Adoriana Trifan ()
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Komalpreet Kaur: West University of Timișoara, Faculty of Economics and Business Administration, Romania
Vanina Adoriana Trifan: “Aurel Vlaicu” University of Arad, Faculty of Economic Sciences, Romania

Ovidius University Annals, Economic Sciences Series, 2024, vol. XXIV, issue 2, 203-213

Abstract: The cultural, structural, and financial obstacles that prevent women from participating and succeeding in business are the main emphasis of this study on the gender gap in entrepreneurship. It investigates gender-specific reasons for starting a business as well as the biases and stereotypes that undermine women's credibility as entrepreneurs through a critical review of recent literature. Cultural biases, societal norms around work-life balance, and restricted access to outside finance are some of the main obstacles. These obstacles limit the growth of female entrepreneurs' businesses and significantly affect their participation. The study concludes that promoting a more equitable and inclusive entrepreneurial environment requires focused interventions, such as better financial access and eliminating gender stereotypes.

Keywords: Entrepreneurship; Gender gap; Women entrepreneurship (search for similar items in EconPapers)
JEL-codes: I25 J16 L26 M13 O15 P46 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xxiv:y:2024:i:2:p:203-213

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