“Empowering Economies: The Role of Women Entrepreneurs in Driving Economic Growth”

Abstract

The role of women entrepreneurs in accelerating economic development has garnered increasing attention in recent years. This empirical study explores how women entrepreneurs act as catalysts of economic progress, with specific focus on employment generation, turnover growth, decision-making ability, and business success. Women entrepreneurship is increasingly recognized as a driving force for economic development. This study examines how women entrepreneurs contribute to economic progress by generating employment, fostering innovation, and enhancing community development. Using a primary survey of 150 women entrepreneurs and supported by secondary data, the study identifies key motivators, barriers, and the measurable economic impacts of women-led businesses. The results show a strong positive relationship between women's entrepreneurship and regional economic development, despite systemic challenges such as limited financial access and societal barriers The study concludes that empowering women entrepreneurs not only fosters personal and professional development but also significantly contributes to national economic growth. Practical recommendations for policymakers and support institutions are proposed.

This research provides insights for policymakers to strengthen support for women entrepreneurs to enhance inclusive economic growth.