The Socioeconomic Factors Hindering Women Entrepreneurship in Erbil
Abstract
Student Name: Elmar Sami Isshaq
Entrepreneurship plays a crucial role in a country’s socioeconomic development, and it is a major source of concern for academics and policymakers alike. Women entrepreneurs are seen as a new growth engine for socioeconomic development within the entrepreneurial ecosystem. Women’s entrepreneurial growth is critical for Erbil’s economic development. However, the growth of this entrepreneurship is contingent on a concerted effort by politicians and residents of the city. Women’s entrepreneurship development is mostly influenced by positive environmental variables in the city, such as social, economic, legal, political, and technological factors, which impact their entrepreneurial activity. Among them, socioeconomic variables have the greatest impact on the development of women’s business in Erbil. As a result, the current study will analyze the elements that influence the growth of female entrepreneurs in Erbil, using liberal feminist theory as a guide. The study used a quantitative research design, and data from a sample of one hundred female entrepreneurs was acquired using an online survey. According to the findings of the content analysis, sociocultural, educational, experience, personal, and financial aspects all influence the growth of women entrepreneurs in Erbil. The intervention’s target population is the group of people with whom it will conduct research and develop findings. This research targeted hundred (100) females who own a business to identify the socioeconomic factors and the barriers hindered them when they established their business. The tool for analyzing the data was the latest version of SPSS and from the data it was clear to see that the most factor influenced the female entrepreneurs is availability to training center and the second factor that influenced the female entrepreneurs is availability of service tools and then the third factor is Difficulty in Sourcing and Start-up Capital.
