The Impact of Female Entrepreneurship on Economic Growth in Developing and Developed Economies
Gulvira A. Ainash M. Sagynysh M. Meiramgul A. Aliya K.
1 August 2024Sciendo
ECONOMICS - Innovative and Economics Research Journal
2024#12Issue 2145 - 162 pp.
Significance. The development of womens entrepreneurship is still a largely untapped potential for growth and prosperity. The economic role of women is crucial for growth and a more equitable distribution of wealth. Economic opportunities are much more important for women today than for the previous generation, especially for developing countries. In this regard, the impact of womens entrepreneurship on economic growth is an important area of research reflecting broader interests in gender equality, economic development and human resource optimization. Objectives. Analysis of the impact of womens entrepreneurship on the economies of developed and developing countries and the development of some recommendations for the development of womens entrepreneurship. Methods. For this study, the method of ordinary least squares (OLS) was used, which analyses the impact of womens entrepreneurship on economic growth in developed and developing countries in the period 2012-2022. Results. The under-development of womens entrepreneurship represents untapped potential for growth and prosperity in many countries. In this regard, there is an urgent need to create more favourable conditions for the development and strengthening of womens entrepreneurship, more thoughtful policies and decisive measures aimed at empowering women are crucial. The results obtained in the course of this study are important for the development of theoretical and methodological foundations for the study of womens entrepreneurship. The results of the study may be useful for women entrepreneurs, NGOs/NGOs, development institutions and government agencies.
economic growth , economic potential , entrepreneurial approach , human capital , womens entrepreneurship
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Karagandy Buketov University, Karaganda, Kazakhstan
Astana IT University, Astana, Kazakhstan
Karagandy Buketov University
Astana IT University
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