Contributions Made by Women Entrepreneurs in Augmenting Socio-Regional-Economic Growth of Emerging Market Economy
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Abstract
Women entrepreneurs have played significant role in the worldwide pursuit for sustained economic development and social progress. Despite all the hurdles, women stood tall and are applauded for their achievements in their respective field. In this context the current study was taken up to (1) review the relevance of women entrepreneurship, (2) examine the contribution made by the women entrepreneurs` in the social and regional development and (3) explore the role played by the women entrepreneurs` in economic development. The aim was to investigate the working of eighteen women entrepreneurs working in Uttar Pradesh, the most populous state of the Republic of India, who have provided employment to hundreds of illiterate, un-skilled, unemployable and under privileged women living in poverty conditions in their local community. The objective was to analyze their contribution towards the society, region and economy. It will also motivate and inspire others to replicate such businesses in their regions. The study aims to provide useful insights to the potential entrepreneurs, policy makers and other stakeholders to evolve mechanism to promote employment generation, poverty alleviation, and socio-economic empowerment at the grass root level, to stimulate inclusive growth.
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