Women entrepreneur is defined as a woman or group of women who initiate, organize and run a business enterprise. In terms of Schumpeterian concept of innovative entrepreneurs, women who innovate, imitate or adopt a business activity are called “women entrepreneurs’’.
Women entrepreneurs are those women who think of a business enterprise, initiate it, organize and combine the factors of production, operate the enterprise and undertake risks and handle economic uncertainty involved in running a business enterprise.
Women make up about half of the world's total population. Considered to be the better half in society.
In traditional societies, they were limited to four walls of houses engaged in household activities. In modem societies, they have come but four walls to participate in all kinds of activities.
Global evidence shows that women have performed extremely well in different fields of activity, such as academics, politics, administration, social work, and so on.
Now, they have started plunging into indust