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Sayantika ChatterjeeTop Contributor
I am a literature student from University of Calcutta and came here to contribute.
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Why is women entrepreneurship important?

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Sayantika ChatterjeeTop Contributor
I am a literature student from University of Calcutta and came here to contribute.

It is a matter of pride that in today's world, women entrepreneurship or entrepreneurs are considered important in the economic development of a country. There is a strong link between women entrepreneurship and women empowerment. Women face many more hardships than the men and we need to give our utmost attention to them. 

Women entrepreneurship is considered an important part of the economic development because they not only create new jobs for others but for themselves as well and their creative innovation provides solutions to many problems existing in the society.  But yet, they represent a very small proportion in the business world because of the discrimination they face every day. It is the duty of the government to implement such policies which will bring out their economic potentials. 

Women still have lower participation in the entrepreneurship game than men and they choose to manage firms in different industries, primarily education, retail and other services, are considered less important than high-tech industries. Also, the different programs and policies offered are too "men-streamed" and do not take account of the needs of the aspiring women entrepreneurs. Hence, opportunities are still not equal in the field. 

Therefore, it is very important to incorporate policies for women or hire women in the policy making departments to increase the equality and encourage the youth to take up new projects. Better qualitative information and quantitative data and stats are required to profile women entrepreneurs. These networks are major sources of knowledge for the upcoming generations. Women's entrepreneurship is both about women's position in society and the role of entrepreneurship in the same society. They face specific problems that have to be overcome to stand beside the men. Increased participation of women in the labour force is prerequisite for improving the position of women and self employed women.