OPPORTUNITIES FOR DEVELOPMENT OF WOMEN ENTREPRENEURSHIP IN THE REPUBLIC OF MACEDONIA
OPPORTUNITIES FOR DEVELOPMENT OF WOMEN ENTREPRENEURSHIP IN THE REPUBLIC OF MACEDONIA

Summary/Abstract: No doubt that women entrepreneurship is as an important source of economic growth that can create new jobs for the entrepreneurs themselves and others. Additionally, involvement of women into the business also provides society with different solutions to management, organization and business problems. Unfortunately, in the Republic of Macedonia they still represent a minority of all entrepreneurs. Some traditional societal attitudes and norms in Macedonia, such as gender-based barriers to starting and growing their businesses, discriminatory property, matrimonial and inheritance laws and/or cultural practices; lack of access to formal finance mechanisms; limited mobility and access to information and networks, inhibit many Macedonian women from even considering starting a business. This paper is about women entrepreneurship in Macedonia, challenges and opportunities for its development, as well as problems that Macedonian women entrepreneurs are facing. Integral part of this paper is the analysis of the role that government as well as various developmental organizations should have in order to promote women entrepreneurs through various schemes, incentives and promotional measures. The paper methodology will be largely based on the classical methods of desk-based research of the available literature and data.

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