Female Entrepreneurship for Sustainable Economy and Development—Challenges, Drivers, and Suggested Policies for Resource-Rich Countries

<p dir="ltr">Female entrepreneurship plays a critical role in achieving economic diversification, sustainable economy, and sustainable development, not only in economic terms but also in social and environmental dimensions. Women are considered excellent and relentless custodians of...

Full description

Saved in:
Bibliographic Details
Main Author: Muneera Al-Qahtani (19489312) (author)
Other Authors: Mariem Fekih Zguir (19365496) (author), Ibrahim Ari (12058516) (author), Muammer Koç (8350053) (author)
Published: 2022
Subjects:
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1864513506644066304
author Muneera Al-Qahtani (19489312)
author2 Mariem Fekih Zguir (19365496)
Ibrahim Ari (12058516)
Muammer Koç (8350053)
author2_role author
author
author
author_facet Muneera Al-Qahtani (19489312)
Mariem Fekih Zguir (19365496)
Ibrahim Ari (12058516)
Muammer Koç (8350053)
author_role author
dc.creator.none.fl_str_mv Muneera Al-Qahtani (19489312)
Mariem Fekih Zguir (19365496)
Ibrahim Ari (12058516)
Muammer Koç (8350053)
dc.date.none.fl_str_mv 2022-10-18T09:00:00Z
dc.identifier.none.fl_str_mv 10.3390/su142013412
dc.relation.none.fl_str_mv https://figshare.com/articles/journal_contribution/Female_Entrepreneurship_for_Sustainable_Economy_and_Development_Challenges_Drivers_and_Suggested_Policies_for_Resource-Rich_Countries/26862142
dc.rights.none.fl_str_mv CC BY 4.0
info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Economics
Applied economics
Human society
Gender studies
Policy and administration
entrepreneurship
women empowerment
gender equity
sustainability
economic diversification
cultural barriers
dc.title.none.fl_str_mv Female Entrepreneurship for Sustainable Economy and Development—Challenges, Drivers, and Suggested Policies for Resource-Rich Countries
dc.type.none.fl_str_mv Text
Journal contribution
info:eu-repo/semantics/publishedVersion
text
contribution to journal
description <p dir="ltr">Female entrepreneurship plays a critical role in achieving economic diversification, sustainable economy, and sustainable development, not only in economic terms but also in social and environmental dimensions. Women are considered excellent and relentless custodians of their families, their surroundings, and society. However, in many countries, particularly in resource-rich and developing states, there are considerably limited opportunities and barriers for women to utilize their utmost capacities. Considering the historical development trajectory and learning from several past and benchmark examples, mainly from the entrepreneurship domain, we first developed a conceptual model to deliver a holistic strategy for policymaking and implementation by employing design and systems thinking approaches. Second, based on this conceptual model, we proposed an integrated policy framework for Qatar, as a resource-rich country in the quest of transforming into an innovation-driven, knowledge-based sustainable development to propel women’s entrepreneurship and increase their involvement in achieving economic diversification, and thus, sustainable development in a broader perspective. Third, we conducted a survey to validate the feasibility and effectiveness of the proposed policy framework. Results reveal that surveyed aspiring and actual female entrepreneurs maintain the relevance of the suggested policies related to the provision of further local training and mentorship programs and subsidies and funds from the government. Furthermore, while female participants agree that their entrepreneurial practices need to abide by local cultural traditions and trends, they believe there is a supplementary need to spread awareness of and garner support for their social and economic contribution to the society. Finally, findings show that several female participants, mainly Qatari nationals, are willing to become entrepreneurial investors to help fund other entrepreneurship startups to partner with other women and give back to society and contribute to the overall sustainability of their community.</p><h2>Other Information</h2><p dir="ltr">Published in: Sustainability<br>License: <a href="https://creativecommons.org/licenses/by/4.0/" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.3390/su142013412" target="_blank">https://dx.doi.org/10.3390/su142013412</a></p>
eu_rights_str_mv openAccess
id Manara2_0a39175f87d1a6b10e4c6d7cdb660221
identifier_str_mv 10.3390/su142013412
network_acronym_str Manara2
network_name_str Manara2
oai_identifier_str oai:figshare.com:article/26862142
publishDate 2022
repository.mail.fl_str_mv
repository.name.fl_str_mv
repository_id_str
rights_invalid_str_mv CC BY 4.0
spelling Female Entrepreneurship for Sustainable Economy and Development—Challenges, Drivers, and Suggested Policies for Resource-Rich CountriesMuneera Al-Qahtani (19489312)Mariem Fekih Zguir (19365496)Ibrahim Ari (12058516)Muammer Koç (8350053)EconomicsApplied economicsHuman societyGender studiesPolicy and administrationentrepreneurshipwomen empowermentgender equitysustainabilityeconomic diversificationcultural barriers<p dir="ltr">Female entrepreneurship plays a critical role in achieving economic diversification, sustainable economy, and sustainable development, not only in economic terms but also in social and environmental dimensions. Women are considered excellent and relentless custodians of their families, their surroundings, and society. However, in many countries, particularly in resource-rich and developing states, there are considerably limited opportunities and barriers for women to utilize their utmost capacities. Considering the historical development trajectory and learning from several past and benchmark examples, mainly from the entrepreneurship domain, we first developed a conceptual model to deliver a holistic strategy for policymaking and implementation by employing design and systems thinking approaches. Second, based on this conceptual model, we proposed an integrated policy framework for Qatar, as a resource-rich country in the quest of transforming into an innovation-driven, knowledge-based sustainable development to propel women’s entrepreneurship and increase their involvement in achieving economic diversification, and thus, sustainable development in a broader perspective. Third, we conducted a survey to validate the feasibility and effectiveness of the proposed policy framework. Results reveal that surveyed aspiring and actual female entrepreneurs maintain the relevance of the suggested policies related to the provision of further local training and mentorship programs and subsidies and funds from the government. Furthermore, while female participants agree that their entrepreneurial practices need to abide by local cultural traditions and trends, they believe there is a supplementary need to spread awareness of and garner support for their social and economic contribution to the society. Finally, findings show that several female participants, mainly Qatari nationals, are willing to become entrepreneurial investors to help fund other entrepreneurship startups to partner with other women and give back to society and contribute to the overall sustainability of their community.</p><h2>Other Information</h2><p dir="ltr">Published in: Sustainability<br>License: <a href="https://creativecommons.org/licenses/by/4.0/" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.3390/su142013412" target="_blank">https://dx.doi.org/10.3390/su142013412</a></p>2022-10-18T09:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.3390/su142013412https://figshare.com/articles/journal_contribution/Female_Entrepreneurship_for_Sustainable_Economy_and_Development_Challenges_Drivers_and_Suggested_Policies_for_Resource-Rich_Countries/26862142CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/268621422022-10-18T09:00:00Z
spellingShingle Female Entrepreneurship for Sustainable Economy and Development—Challenges, Drivers, and Suggested Policies for Resource-Rich Countries
Muneera Al-Qahtani (19489312)
Economics
Applied economics
Human society
Gender studies
Policy and administration
entrepreneurship
women empowerment
gender equity
sustainability
economic diversification
cultural barriers
status_str publishedVersion
title Female Entrepreneurship for Sustainable Economy and Development—Challenges, Drivers, and Suggested Policies for Resource-Rich Countries
title_full Female Entrepreneurship for Sustainable Economy and Development—Challenges, Drivers, and Suggested Policies for Resource-Rich Countries
title_fullStr Female Entrepreneurship for Sustainable Economy and Development—Challenges, Drivers, and Suggested Policies for Resource-Rich Countries
title_full_unstemmed Female Entrepreneurship for Sustainable Economy and Development—Challenges, Drivers, and Suggested Policies for Resource-Rich Countries
title_short Female Entrepreneurship for Sustainable Economy and Development—Challenges, Drivers, and Suggested Policies for Resource-Rich Countries
title_sort Female Entrepreneurship for Sustainable Economy and Development—Challenges, Drivers, and Suggested Policies for Resource-Rich Countries
topic Economics
Applied economics
Human society
Gender studies
Policy and administration
entrepreneurship
women empowerment
gender equity
sustainability
economic diversification
cultural barriers