Role of Women Entrepreneurs in the Economy and Challenges Ahead

Entrepreneurship is an innovative dynamic process whereby, a new enterprise is created. It is an important segment of economic growth. Women Entrepreneur has been recognized as an important untapped source of economic growth. Women Entrepreneur is a person who accepts challenging role to meet her personal needs and become economically independent. A strong desire to do something positive is an inbuilt quality of entrepreneurial women, who is capable of creating values in both family and social life. Women Entrepreneurs create new jobs for themselves and others and by being different also provide society with different solutions to management, organization and business problems as well as to the exploitation of Women Entrepreneurial opportunities. Equal opportunity between men and women from the perspective of entrepreneurship is still not of reality. The scarce availability of reliable and valid data continues to be one of the key obstacles in understanding the challenges specific to women’s entrepreneurship and their impact on economic growth. Women entrepreneurship helps reduce poverty, promote gender equality and empower women. Therefore effective policy work has to take into account, both what it means to a woman and an individual with idiosyncratic experience