WOMEN'S ENTREPRENEURSHIP

Women's entrepreneurship

Introduction

Women's entrepreneurship should be discussed separately because of two main causes. The first one is that women's entrepreneurship has been identified during the last few years as a significant uncontrolled source of economic growth. Women entrepreneurs make new opportunities of jobs for others and for themselves by being different also give society with multiple outcomes to organization, management and business issues as well as to the exploiting of opportunities related to entrepreneurship. But, they still provide a very small fraction of all entrepreneurs. Hence, there exists a failure of market discrimination against women's chances to become entrepreneurs and the probability to become successful entrepreneurs. This failure of market needs to be dealt by makers of policy such that the economic potential of the gender can be completely utilized. We will keep our focuses on the female entrepreneur in UAE and them discuss the questioner responses of female entrepreneurs in UK as described in the methodology section because they have set exceptionally well examples for the women entrepreneur all around the globe (women's entrepreneurship: issues and policies, 2013).

Literature Review

The prolonged argument that contends that economic output is generated, and advance by entrepreneurs is no longer a debatable issue. In modern day capitalistic and individualistic environment it has become a known fact, especially accentuated by the liberalization and privatization of government own enterprises to medium and small size organization. The success of nation's economic growth and progress depends upon its capability to capitalize on its natural endowments to gain its economic objectives (Omar, 2013).

The phenomena of entrepreneurs and more specifically women entrepreneurs have witnessed speedy growth in around the globe in general and UAE in particular. Prior to the discovery of crude oil, the Emirati women were not only considered as domesticated partners in the family whose sole responsibility to look after the house, but played an important role in all aspects of life. They have participated and contributed considerably in various businesses such as making of traditional handicrafts, sewing and crushing flour, beside fulfilling their traditional in the form of child bearing, cooking food trice a day, housekeeping and taking care of their families (Omar, 2013).

In modern day UAE, the government has made sure that women must have the same rights as men enjoy in their society, which enable the Emirati women to play a significant role in the business development of their country. For instance, the recent research conducted by AlKhaleej, indicate that the number of women entrepreneurs in UAE is increasing day by day (AlKhaleej, 2010). At the moment, there are more than eleven thousand women entrepreneurs working inside UAE, and contributing around $3.7 milliard to the Emirati economy (Kargwell, 2012).

The primary reason for the initiation of this research is to highlight the collective achievements of these women in the context of patriarchal society. Since time immemorial men had the upper hand on all aspects of human life in this region, whereas female were regard as domesticated being whose sole responsibility was giving birth and ...