Women's entrepreneurship: concept, development factors and gender differences in entrepreneurship

Authors

  • Y.O. Golyakovich Polessky State University, Pinsk, Republic of Belarus

Keywords:

female entrepreneurship, development factors, gender differences, classification, economic growth, support for women in busin

Abstract

Objective. To explore the concepts of women's entrepreneurship, identify the factors that contribute to its development, and analyze gender differences in business. The article aims to identify key barriers and opportunities faced by women entrepreneurs.

Materials and methods. The object of this study is women's entrepreneurship, including its conceptual foundations, development factors and gender differences in entrepreneurialactivity. This article uses the methods of literature review, qualitative and quantitative analysis to study women's entrepreneurship. The literature review covers existing scientific publications and statistical data, allowing to formulate a theoretical basis.

Results. This study proposes the author's definition of female entrepreneurship. Specific factors that contribute to the development of female entrepreneurship are also identified. In addition, the study develops a classification of female entrepreneurship based on business types and levels of organization, which allows for a deeper understanding of the diversity and dynamics of this area.

Conclusion. The conducted research into female entrepreneurship has identified key aspects that determine its development and specificity. The author's definition of female entrepreneurship, as well as the specific factors identified, such as level of education, access to resources and mentoring support, emphasize the importance of a comprehensive approach to research in this area. The developed classification of female entrepreneurship allows for a detailed description of its diversity and adaptation of support strategies, taking into account the unique needs of female entrepreneurs.

Author Biography

Y.O. Golyakovich, Polessky State University, Pinsk, Republic of Belarus

Assistant of the Department of Marketing and International Management,

Deputy Dean for Ideological and Educational Work.

References

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References

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Rey-Martí A., Porcar A.T., Mas-Tur A. Linking female entrepreneurs’ motivation to business survival. J. of Business Research. 2015, vol. 68, pp. 810–814.

Kha, M. Shifting gender roles in society and the workplace: implications for environmental sustainability. Politica. 2023, vol. 1, no. 1, pp. 9–25.

Candida G. Brush, Anne de Bruin, Friederike Welter. A gender-aware framework for women's entrepreneurs. International Journal of Gender and Entrepreneurship. 2009, vol. 1, no.4, pp. 8–24.

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Byrne J., Fattoum S., Garcia M.D. Role models and women entrepreneurs: entrepreneurial superwoman has her say. J. of Small Business Management. 2018, vol. 57, no. 1, pp. 154–184.

International Finance Corporation. (In Russian). Available at: https://www.ifc.org/en/home. (accessed: 24.04.2025).

Salazar L., Moline A. Increasing women’s representation in business leadership. World Bank. 2023. (In Russian). Available at: https://openknowledge.worldbank.org/handle/10986/39870. (accessed: 12/04/2023).

Hechavarria D. et al. High-growth women’s entrepreneurship: fueling social and economic development. J. of Small Business Management. 2019, vol. 57, no. 1, pp. 5–13.

Panda S. Constraints faced by women entrepreneurs in developing countries: review and ranking. Gender in Management. 2018. vol. 33, no. 4, pp. 315–331.

Bullough A. et al. Women’s entrepreneurship and culture: gender role expectations and identities, societal culture, and the entrepreneurial environment. Small Business Economics. 2021, vol. 58. (In Russian). Available at: https://link.springer.com/article/10.1007/s11187-020-00429-6. (accessed: 04/05/2025).

Published

2025-07-29

How to Cite

Голякович, Ю. (2025). Women’s entrepreneurship: concept, development factors and gender differences in entrepreneurship. Economy and Banks, (1), 136-147. Retrieved from https://ojs.polessu.by/EB/article/view/1998

Issue

Section

Issues of regional economy