Women are largely invisible in the mainstream of economic development. Therefore, the concept of sustainability to a great extent depends upon providing equal distribution of not only resources, but also the equality should be created between the various sections of society where women are vulnerable. Women's empowerment should not be associated with increasing their responsibility as a whole, but it is about respecting their role. To achieve the goals of sustainable development, the concept of women entrepreneurship gains prominence where men have always been dominating the business situations. Ventures by women not only provide them financial support but also makes them empowered. This chapter, by using qualitative research approaches of content analysis, literature review, and discourse analysis, attempts to find challenges of women entrepreneurship and suggest various policy implications to deal with these challenges. The major findings are women entrepreneurship can be a major source of women empowerment backed by a focus on entrepreneurial education.
TopIntroduction
Tourism has emerged as a driver of growth for many emerging economies: In the mid-1990s, low and middle-income countries’ share in international tourism receipts was only 17 percent of the world’s total. By 2012, that share had grown to 28 percent. This share is again increasing in the post-covid 19 period and it can be seen one of the major drivers of economic growth in various nations. The extensive demand in this industry not only stimulates service opportunities/facilities but it has the capability of stimulating certain entrepreneurial ventures like hotels, home stays, restaurants, food joints, souvenir shops, tour operators, tour guide firms etc. In the post-covid era both the developing nations as well as developed nations find entrepreneurship as a key to revival from the shocks of pandemic. The ultimate philosophy of entrepreneurship is based on reduction of unemployment, promoting economic development, bridging the gaps between haves and have nots and increase in GDP. The tourism industry world-wide has been contributing towards the economic development of nations by fostering start-ups, ventures and businesses involving transport, accommodation, catering, natural resources, entertainment, other facilities, and services, such as banks etc.
Tourism has emerged as a driver of growth for many emerging economies. In the mid-1990s, low and middle-income countries’ share in international tourism receipts was only 17 percent of the world’s total. By 2012, that share had grown to 28 percent. This share is again increasing in the post-covid period and it can be seen as one of the major drivers of economic growth in various nations. The extensive demand in this industry not only stimulates service opportunities/facilities but it has the capability of stimulating certain entrepreneurial ventures like hotels, home stays, restaurants, food joints, souvenir shops, tour operators, tour guide firms etc. In the post-covid era, both the developing nations as well as developed nations find entrepreneurship as a key to revival from the shocks of pandemic. The ultimate philosophy of entrepreneurship is based on reduction of unemployment, promoting economic development, bridging the gaps between haves and have nots and increase in GDP. The tourism industry world-wide has been contributing towards the economic development of nations by fostering start-ups, ventures and businesses involving transport, accommodation, catering, natural resources, entertainment, other facilities, and services, such as banks etc.
Tourism has played a critical role in sustainable development in many countries and regions around the world. In developing countries, tourism development has been used as an important strategy for increasing economic growth, alleviating poverty, creating jobs, and improving food security. Many developing countries are in the regions that are characterized by high levels of biological diversity, natural resources, and cultural heritage sites that attract international tourists whose local purchases generate income and support employment and economic development. Tourism has been associated with the principles of sustainable development because of its potential to support environmental protection and livelihoods. However, the relationship between tourism and the environment is multifaceted, as some types of tourism have been associated with negative environmental impacts, many of which are borne by host communities. Tourism has played an increasingly important role in sustainable development since the 1990s, both globally and in particular countries and regions. For decades, tourism has been promoted as a low-impact, non-extractive option for economic development, particularly for developing countries. Many developing countries have managed to increase their participation in the global economy through development of international tourism. Tourism development is increasingly viewed as an important tool in increasing economic growth, alleviating poverty, and improving food security. Tourism enables communities that are poor in material wealth, but rich in history and cultural heritage, to leverage their unique assets for economic development.