Women’s Economic Empowerment and Trend Towards Entrepreneurship: Opportunities and Challenges an Analytical Study of the Reality of Arab Women
DOI:
https://doi.org/10.56830/WRBA11202507Keywords:
projects, women entrepreneurs, entrepreneurial projects, women's economic empowerment, financial independenceAbstract
Human resources are the most important resource for supporting development in any society.
People are both the means and the end of development.
Empowering women through financial
independence and harnessing their productive and entrepreneurial potential represents a potential
economic opportunity for development.
Therefore, this study aimed to identify the reality of economic empowerment for women entrepreneurs, the extent to which Egyptian women’s entrepreneurial projects impact their economic empowerment, the most significant obstacles they face, and the opportunities that could broaden their horizons for economic empowerment.
Thus, the study focused on women entrepreneurs and their personal capabilities without addressing government policies in this regard. The study employed a descriptive analytical approach, reviewing relevant literature and scholarly articles.
A questionnaire was used as the data collection tool, and the sample consisted of a number of women entrepreneurs in the Arab Republic of Egypt.
The results of the correlation analysis showed a strong relationship between women’s entrepreneurial projects and their economic achievement.
Furthermore, the simple regression analysis demonstrated that a one-unit increase in entrepreneurial activities and attributes leads to a significant improvement in their economic empowerment, which positively impacts economic development.
Furthermore, the results of the multiple linear regression analysis demonstrated strong statistical significance for the model, and the study confirmed the importance of women’s entrepreneurial activities and projects in supporting their path towards economic empowerment. Based on the study’s findings, the study recommended the following: Enact laws that protect women’s rights in the workplace and achieve
gender equality in the economic sphere.
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