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Vol. 12 No. 1 (2024)
March 2024

Articles

Shackled feet: A review of women entrepreneurs’ challenges in developing countries

https://doi.org/10.15678/EBER.2023.120110

Published 2024-03-30

Md. Mizanur Rahman
BRAC Business School, BRAC University, Bangladesh

Aidin Salamzadeh
Faculty of Management, University of Tehran

Leo Paul Dana
LUT School of Business and Management, Lappeenranta University of Technology, Finland

Abstract

Objective: The fundamental objective of this systematic literature review (SLR) is to explore the current challenges for women entrepreneurs in developing countries and discuss future research opportunities.

Research Design & Methods: We applied a SLR approach to fulfil the objective. We selected 29 articles from SCOPUS and Google Scholar databases to synthesize reviews. To ensure the quality of the articles collected from Google Scholar, we used Scimago Journal & Country Rank (SJR).

Findings: We categorised the key findings into themes (T), contexts (C), and methodologies (M). The major challenges for women entrepreneurs in developing countries cover five themes, i.e. (1) financial, (2) socio-cultural, (3) educational and skills, (4) networking and marketing, (5) political and legal. Developing countries were the main context (C) of this review. Regarding methodologies (M), 51.72% of the collected articles were qualitative.

Implications & Recommendations: Policymakers can help make more specialized women entrepreneurship policies by assembling research identifying national barriers empirically and drawing comparisons between the realities of both countries and regions. We proposed a conceptual framework or model based on the challenges of women entrepreneurship and other future research agendas.

Contribution & Value Added: This review article is one of the leading studies which helps academics, researchers, and readers gain a deeper understanding of challenges for women entrepreneurs in developing countries by providing a foundation for future studies and encouraging researchers to investigate this topic.

       

Keywords

challenges, entrepreneurship, developing countries, economic development, systematic literature review, women

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Author Biography

Aidin Salamzadeh

Assistant professor at the Faculty of Management, University of Tehran. His interests are startups, new venture creation, and entrepreneurship. Aidin serves as an associate editor in “Revista de Gestão”, “Innovation & Management Review” (Emerald), “Entrepreneurial Business and Economics Review”, “Journal of Women's Entrepreneurship and Education” as well as an editorial advisory in “The Bottom Line” (Emerald). Besides, he is a reviewer in numerous distinguished international journals. Aidin is a member of the European SPES Forum, the Asian Academy of Management, and Ondokuz Mayis University. He is the co-founder of the Innovation and Entrepreneurship Research Lab (London).

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