Entrepreneurship and Women Participation in the Global Market: Implications for Nigeria
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University of Nigeria, Nsukka
Abstract
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Genuine political democracy leads to economic freedom – resulting in the widening of
the economic space. Women, who are generally not considered able to compete with men in
business, when given the opportunity and room to express their professional skills and training
and entrepreneurial inclinations, seem to fare well, even better. Studies have shown from the
success of the Grameen Bank and other microcredit institutions that when women have access to
capital and adequate support, they, their families and communities flourish. With greater call for
economic freedom and gender equality, women are given the opportunity to make greater
contributions to society by starting and running successful businesses. This study looked at how
women affect the global economy and identified the contributions they make in business. It also
examined why women start businesses, identified the challenges they face, especially in an
emerging market like Nigeria, and proffered solutions to these challenges and the way forward
for women entrepreneurs in Nigeria.
Keywords
H Social Sciences (General), HM Sociology