The Role of Gender in Shaping Entrepreneurship Assignment Sample

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Introduction

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Entrepreneurship is a multi-focused way phenomenon which is influenced by different types of factors. The details explanation gives a relation between Gender and entrepreneurship which examines the connection between this to consider the specific dimensions such as birth, small firms, education, different stages of development etc. Actually, it is complex and deeply associated with different types of social factors. This system actually involves investigating different aims and also looking into different types of opportunities which give the development of the ecosystem in a justified way.

Discovering difficulties and scope in Gender and entrepreneurship

Cardella, Hernández-Sánchez and Sánchez-García, (2020) opined that In entrepreneurship, the gender gap, generally proxied by disparities in entrepreneurial engagement between women and men, is of major attraction among policymakers in developing and both developed countries. With the growing contribution of women entrepreneurs to financial development, it is significant not only to enrich women entrepreneurs' participation within mainstream entrepreneurial actions but also to reduce the barriers to their entrepreneurial achievement. On the other hand Ahl and Marlow, (2019) opined that Increasing female entrepreneurship level can not just include the necessary human capital and cognitive diversity within the entrepreneurial approach, however, women-led businesses and start-ups are popular for minimising unemployment and enhancing economic growth. In turn, women receive from businesses, particularly in the UK, can help to enhance family backing, and since women are additionally directly entangled in regular household supervision and help than men, entrepreneurship can deliver more resources for the growth of Family outcomes such as well-being and child education. On the contrary Dana et al., (2022) opined that forming a business can help to enhance the social standing and status of women and their families and enhance self-realization purposes. Despite understanding female entrepreneurship's advantages, female-owned businesses are not properly demonstrated, and entrepreneurship remains a male-dominated activity. Globally, women's participation in entrepreneurship's previous stages is about three-quarters that of men. Furthermore, female entrepreneurs take ownership of a business rather than a male entrepreneur.

Figure: Self-employed workers numbers by gender in the UK from 1992 to 2023

This figure represents self-employed workers' numbers by gender in the UK. This helps to find that in 2023 the self-employed men’s number is higher than women (Statista, 2023). () opined that While there is little difference between men and women in their intention to create a business within the next few years, women's participation in premature-level entrepreneurial action is moderate about three-quarters that of men.

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Factors affecting the birth survival and death of small firms via Gender lens

Natarajan and Brickell, (2022) opined that this process actually focuses on the different types of gender dynamics which influence the journey of an entrepreneur. Different types of social norms play an important role which facilitates firms such as women entrepreneurs to face different types of challenges in the way of working. It it helps to encounter the general rule and also helps to grab the opportunities and resources. On the other hand Kalabikhina, (2020) opined that Guiding becomes in case the main catalyst for running of business which is influenced by gender bias which creates an impact on new entrepreneurs. The economic condition and the Global market indirectly create an impact on the survival of entrepreneurs. Disparity regarding gender affects the allocation of resources which need financial support. Basically, those organisations which are run by women face a special type of challenge such as Limited networks or gender-specific marketing. Del Sarto et al., (2019) opined that considering all of these parameters investors and as well as policymakers formulate different types of strategies which can easily handle gender-specific trouble and help the organisation to run smoothly. This provides equal support for the new landscape.

Ethnicity and entrepreneurship guiding business venture diversity

Orozco, (2021) opined that entrepreneurship actually runs with different types of ethnicity which is the key point. Examining this key point it has been observed that entrepreneurship run by women faces different types of challenges from different backgrounds. Such types of challenges are intersecting stereotypes which are already present in the entrepreneurial ecosystem. Such type of entrepreneurship not only removes the disparities but also increases the potential energy from different Ventures. Women's entrepreneurship creates a special landscape which shows innovation by recognising the diversity that can prove to forget the different types of creation through a more sustainable business. On the other hand, Conley and Bilimoria, (2021) opined that Combining the different types of factors of entrepreneurship such as ethnicity and gender it is observed that not only inclusive of the matter but also creates equality in the social sector with a strategic plan. By finding out the different types of challenges which is faced by women entrepreneurs can be met strategically. This way must be dynamic and vibrant in nature. Actually, entrepreneurship reflects the collection of ideas of human civilization.

The Role of Gender in Shaping Entrepreneurship Assignment Sample

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Social entrepreneurship

Khursheed et al., (2021) opined that Interest in women entrepreneurs is increasing, however, there is a gap regarding the attraction of women entrepreneurs to colonial issues. During the economic crisis and unemployment period, people distrusted the corporate world with corporations focusing on people. Social entrepreneurship appears as a creator of employment but also as a way to contribute to local economy maintenance or development. It often guides the invention of an enterprise that seeks to prompt social change and innovation. On the contrary Kravets, Preece and Maclaran, (2020) opined that It also demonstrated to a corporation with a common aim that is defined as “(Social entrepreneur is) an individual who finds an opportunity to meet unmet needs that the state system cannot or has not yet satisfied and therefore, mobilizes the necessary resources to use them wisely and 'make a difference' to fulfil them by' need”. Both descriptions are compatible with the findings of other investigations on women's entrepreneurship.

At a statistical level, women are yet underrepresented in the population of entrepreneurs, however, they are created of social enterprises, as approved in the UK, in that there are 60% of women social enterprise creators, although they symbolise 'traditional' entrepreneurial movements 39.9% (Britishcouncil, 2023). Also, the exact analysis again makes it feasible to draw a distinctive women social entrepreneur profile in the UK that demonstrates her age, career growth, residence and segment and also says she is the daughter of a female or male entrepreneur. It shows they have no risk-taking tolerance, especially in financial aspects. However, social movements are followed as local movements, of a 'more humane' form, and apply more limited financial investment in comparison to organizations that possess exclusively profit explanation.

Education in entrepreneurship

Ferreras-Garcia, Hernández-Lara and Serradell-López, (2020) opined that Education plays the main role in driving the structure of entrepreneurs. Education makes a connection between genders which removes the barrier and runs it in a meaningful way. Education becomes the main factor that is used to develop the entrepreneur's idea when it is viewed through the lens of gender. Analysing the different types of relations between gender education shows several challenges as well as opportunities for landscape. All education plays an important role in setting the mindset of entrepreneurs here gender disparities may persist because women have to fight against different types of barriers and it has to also encounter different challenges such as quality of education social expectations etc. Education gives the proper guidance to aspirations. Education mitigates gender-based biases by exploring educational reform. Gender equitable educational system empowers women entrepreneurs as well as contributes new ideas which enrich the entrepreneurs as a whole.

Age and experience as factors in entrepreneurship

Lemaire, Maalaoui and Dana, (2019) opined that as a career dynamic establishing a business evolves as a life part. This dynamic varies from individual to individual, counting on health, risk aversion and age, however, applies equally to women and men, yet women have lower rates of entrepreneurship than men. Women in high-income developed countries such as the UK begin after their companions in low-income countries. This could be defined by more time spent learning, an adequate network or a profound career dynamic where the woman works. Seniors often start ventures between the ages of 20 and 34. In this case 50 to 64-year-olds found more start-ups then it would be better than 20- to 34-year-olds. In this aspect, Wieland et al., (2019) opined that Aside from the Age, they are represented by three measurements. First, they represent their desire for entrepreneurial experiences to express continuity including their prior lives and they want to keep some equilibrium in their energies and practice an exercise that makes them feel substantial, the structural part that they belong to, parallel to what they had in their aforementioned jobs. Second, senior entrepreneurs, more recall a wish to socialize more than any other demographic. Third, the last characteristic of the senior entrepreneur is the wish to do something beneficial to society.

Stages of growth in entrepreneurial growth

Ekinci, Gordon-Wilson and Slade, (2020) opined that Entrepreneurial growth can be measured through gender perspective at distinct growth stages. That is below well for understanding about women entrepreneurs' scope and challenges. Eventually, the entrepreneur procedure has been dissected into 5 different pages such as opportunity evaluation, company formation, Idea generation, planning and growth. This phase can be summarized as the Idea generation stage every phase startup comes with a strategic idea while in the opportunity evaluation step query has occurred about investment and revenue generation. Investment acts as capital in that an individual can take grand from government outsiders to eliminate all financial risk. In this day also consider company other acid such as personal trait, connection, physical property and intellectual property. Martínez‐Fierro, Biedma‐Ferrer and Ruiz‐Navarro, (2019) stated that In the planning stage, they implement their developed planning to provide a framework for the business. In this stage, a start-up requires an operating plan and strategy. In the company formation stage, a blind of plan and opportunity has been developed in that the entrepreneurial team focuses on moving ahead to the process by selecting the appropriate corporate entity form while developing the legal entity. Finally, the fifth stage is all about business growth that is measured after launching the corporation. In that it has been fine did that the development of products and services is beneficial or not and businesses can get the opportunity to enhance sustainability performance and increase generating revenue. Cardella, Hernández-Sánchez and Sánchez-García, (2020) stated that in this stage the women leading businesses can experience challenges for business growth. In order to eliminate this they need an appropriate mechanism.

Family Entrepreneurship with maintaining work-life balance

Hanson and Keplinger, (2020) opined that Family entrepreneurship gives an idea to interact in a dynamic way. It is focused on the different roles in a family and their expectation for shaping the journey of women entrepreneurs. Basically, the development of women entrepreneurs deals with the support from their families. Familial Role plays an important part success of women entrepreneurs. In some cases, traditional practices and expectations influence women entrepreneurs through the ability to dedicate time. Dewitt et al., (2022) stated that a supportive family can set up a good Foundation by understanding and collaborating with different opportunities. Women entrepreneurs basically faced challenges with personal life and business. It shows that recognising different parameter in an imperative way can accommodate the dual role with special policies and as well as structures in a constructive way.

Conclusion

In conclusion, It can be stated that gender has a significant role in entrepreneurship and its relationship with different factors such as education, family, age and ethnicity highlights the requirement of significant approaches. Understanding the women's entrepreneurship experience challenges helps to understand Social justice which has been beneficial for developing a significant entrepreneurial business dynamic. Diversity in corporations in business can help to maintain corporation growth, residence and innovation. This section's nuance understanding helps to create a path for understanding existing policies and approaches adaptation that are most preferable for the business to support the structure with boosting people to succeed in entrepreneurship. By eliminating the challenges of age, family responsibility and gentle it also leads toward successful entrepreneurship and this point of view is paramount for developing a suitable and positive entrepreneurial dynamic.

References

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• Britishcouncil (2023). The role of social enterprise in supporting women’s empowerment. [online] Available at: https://www.britishcouncil.org/sites/default/files/social_enterprise_and_womens_empowerment_july.pdf [Accessed 4 Jan. 2024].
• Cardella, G.M., Hernández-Sánchez, B.R. and Sánchez-García, J.C. (2020). Women Entrepreneurship: A Systematic Review to Outline the Boundaries of Scientific Literature. Frontiers in Psychology, [online] 11(1557). doi:https://doi.org/10.3389/fpsyg.2020.01557.
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