Year: 2025
Type: article
Abstract: Despite the increasing recognition of women's contributions to entrepreneurship, women-led enterprises consistently face structural challenges, including limited access to venture capital, gender biases, and insufficient industry networks. Innovation has emerged as an essential catalyst for success, enabling women entrepreneurs to overcome structural constraints and achieve sustained growth. This research is based on 25 semi-structured interviews with women entrepreneurs from North India, conducted from January to April 2024, encompassing sectors such as technology, e-commerce, hotel, and social enterprises. The results indicate that women entrepreneurs strategically utilize digital tools, alternative funding approaches, and community-focused business tactics to grow their enterprises. Essential empirical findings indicate that digital platforms facilitate the surmounting of financial obstacles, process innovations like flexible work models enhance work-life balance, and business model innovations promote scalability in resource-limited contexts. The research utilizes the Resource-Based View (RBV) and Innovation Diffusion Theory (IDT) to examine how female entrepreneurs leverage resources such as social capital, resilience, and technological flexibility to achieve a competitive advantage. The concrete consequences underscore the significance of gender-responsive legislation, inclusive investment strategies, and mentorship networks for women. The study enhances the RBV by including unconventional resources into competitive advantage and augments IDT by illustrating gender disparities in innovation uptake. The limitations encompass the regional focus (North India) and the qualitative nature of the study, which constrains generalizability. This research highlights that innovation is not just a tool but a strategic imperative for women entrepreneurs in emerging nations, providing practical insights for policymakers, investors, and ecosystem facilitators.
Authors: Poorva Tripathi, Asheesh Trivedi
Institution: Harcourt Butler Technical University
Language: English
Subfield: Management of Technology and Innovation
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4415374490