Unveiling the Mediating Role of Perceived Opportunity in Women Empowerment Determinants and Entrepreneurial Success

Abstract

The empowerment of women in the twenty first century is one of the major concerns in inclusive development and sustainable growth. Government, international agencies and the civil society at the global level have come to appreciate the fact that woman empowerment leads to gender equality and economic development. Women constitute approximately 50 percent of the population in India, their participation in the economy and their representation as entrepreneurs remains very low in comparison to that of men (Sarwar et al., 2021). The level of education and involvement in the labor industry has risen among the women in India by a large scale, the inclusion of institutional (as well as psychological) factors makes them fail to achieve success as entrepreneurs. It is thus important to understand the inputs that help women gain empowerment and to flourish in the entrepreneurship field to ensure that India continues to be a growing economy and also to ensure that growth is inclusive and sustainable (Weiss et al., 2019).