Women Entrepreneurship—Characteristics and Challenges

It is known that women’s entrepreneurship is crucial for the economic development of a country. At a global level, in 2018-2019 the percentage of women entrepreneurs has increased by 1% and the gender gap has been reduced from 31% to 28%. However, inequalities remain high (Roussos, 2023). It will take 95 years to extinguish the gender gap, according to the World Economic Forum. Despite the progress made so far regarding women entrepreneurship, it is clear that more active measures should be taken focusing on financing end education. In particular, education is very crucial since it may help in changing the bias against women. The implementation of policies for women entrepreneurs will help to enhance women’s entrepreneurship, decrease unemployment, promote gender equality and, remove bias against women entrepreneurs as well as the various obstacles they face.