Impact of women’s economic empowerment on the rise of female entrepreneurship and human capital in Botswana

  • PhD Vito Bobek University of Applied Sciences FH Joanneum Alte Poststraße 149, 8020 Graz, Austria
  • Andrea Schachl, M.A. University of Applied Sciences FH Joanneum, Graz, Austria
  • PhD Tatjana Horvat University of Primorska, Faculty of Management Cankarjeva 5, 6000 Koper, Slovenija
Keywords: women’s economic empowerment; women entrepreneurship, female entrepreneurs in Botswana, human capital

Abstract

The authors investigated the importance of women’s economic empowerment and its impact on the rise of female entrepreneurship and human capital in Botswana. The research included a case study analysis with four in-depth expert interviews. Data triangulation ensured the study's validity, and the case was examined through pattern matching. The results demonstrate that female entrepreneurs face challenges such as access to resources and education, socio-cultural norms, a lack of social protection, and a large and unprotected informal sector. The government and institutions shall promote women's enablement through a direct labor market intervention, support for the informal sector, a gender-sensitive constitutional, legal, and institutional framework, the enforcement and oversight of gender-responsive laws and policies, and access to resources and education. Furthermore, women require digital inclusion, entrepreneur networks, social protection, and reformed socio-cultural norms. If female entrepreneurs are empowered adequately, they will contribute to nations' human capital, economic growth, and development.

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Published
2023-01-05
How to Cite
Bobek, V., Schachl, A., & Horvat, T. (2023). Impact of women’s economic empowerment on the rise of female entrepreneurship and human capital in Botswana. Mednarodno Inovativno Poslovanje = Journal of Innovative Business and Management, 14(1), 1-12. https://doi.org/10.32015/JIBM.2022.14.1.9
Section
Original article