Female Entrepreneurship and the Childcare Crisis: Impacts on Economic Growth and Innovation
Year: 2024
Type: article
Abstract: The rise of female entrepreneurship is reshaping the global economy, contributing to innovation, job creation, and inclusive growth. However, the persistent childcare crisis remains a significant barrier to the full participation and success of female entrepreneurs. Through the review of existing literature and the work of organizations dedicated to advancing women, removing barriers to entrepreneurship, and promoting economic prosperity, this article underscores the economic impact of female-owned businesses and the adverse effects of insufficient, unaffordable childcare on entrepreneurial capacity and growth potential. The findings illustrate the dual economic and caregiving roles women navigate, revealing how inadequate childcare policies can hinder business innovation and restrict economic expansion. This study concludes with policy recommendations designed to alleviate childcare constraints, thereby enabling the full realization of female entrepreneurial potential, and fostering broader economic growth, innovation, and resilience.
Author: Jacquelyn I Eidson
Language: English
Subfield: Management of Technology and Innovation
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4410188899