Strategic interventions to improve women entrepreneurship in GCC countries: A relationship modeling approach
Abstract
Purpose: In Gulf Cooperation Council (GCC) countries, entrepreneurship is not a very popular option among women. The low rate of entrepreneurship as a career choice among females is attributed to factors that are specific to females in GCC region. The purpose of this paper is to understand these variables and their interrelationships that lead to low rate of adoption of entrepreneurship as a career choice among females in GCC region. Design/methodology/approach: The research followed a two-stage process; first, a comprehensive literature review was conducted to identify barriers to female entrepreneurship in GCC region. In the second stage, the identified barriers were modeled using fuzzy interpretive structural modeling technique to construct a hierarchical structure and the impact matrix cross-reference multiplication applied to a classification approach to analyze the control power and dependence among these barriers. Findings: The research shows that there exists a group of barriers having a high driving power and low dependence requiring maximum attention and of strategic importance, while another group consists of those variables that have high dependence and are the resultant actions. Practical implications: This research will help policy makers to focus on variables that are most important and requires immediate attention for the development and empowerment of female entrepreneurship in the GCC region. The paper suggests future course of action to provide an impetus to efforts aimed at improving female entrepreneurship in the GCC region. Originality/value: The policy makers in the GCC region have accorded high priority to entrepreneurship to reduce the dependence of population on government jobs. This research is one of the few studies on female entrepreneurship conducted in GCC region to understand the impediments that limit the adoption of entrepreneurship as a career choice by women.
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