Women Entrepreneurship and Its Impact on Economic Development
Abstract
This paper pursues the impact of women entrepreneurship on economic development in Bangladesh through quantitative research modality. Methodology A structured questionnaire was used to survey 400 women entrepreneurs from various sectors such as trading, services, manufacturing, handicrafts, and agro-based businesses, with the help of both online and offline sources. The research explores women entrepreneurship, access to finance, education and entrepreneurial skills, social-cultural support and economic development performance measured in terms of income generation, employment creation and local economic growth. Statistical methods Descriptive statistics, correlation coefficients and multiple regression analysis were used in data analysis using SPSS. The study concludes that female entrepreneurship is a critical factor for economic development and access to finance, education and experience play the crucial role as drivers of entrepreneurship. However socio-cultural support, although is only a moderate predictor, adds value to the entrepreneurial result. The study provides the policy implications of fostering a supportive environment by way of specific policies, financial inclusion, skill development and social empowerment to enhance the contribution of women entrepreneurs towards including inclusive and sustainable economic growth. The findings offer practical guidance to policymakers, development organizations and financial institutions interested in promoting women led economic activities in Bangladesh.
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