Women entrepreneurs in transition economies: digital barriers and financial inclusion

Abstract

Women’s entrepreneurship is widely acknowledged as a crucial catalyst for equitable economic growth, especially in transition nations experiencing digital revolution. Notwithstanding regulatory reforms and increased access to digital technology, women entrepreneurs persistently encounter socio-cultural, institutional, and financial obstacles. This study examines how women entrepreneurs manoeuvre through these limitations while capitalising on opportunities in the digital economy. The study employs a mixed-method approach that integrates secondary statistical analysis, policy evaluation, and survey-derived evidence. The theoretical foundations encompass Financial Inclusion Theory, Prospect Theory, and the Triple Bottom Line paradigm. The results demonstrate that while digital platforms improve flexibility and market accessibility, structural obstacles - such as restricted financial access, gendered labour market segmentation, and socio-cultural norms - persistently hinder women’s involvement in high-value sectors. The study indicates that focused policy interventions, digital skill enhancement, and inclusive financial frameworks are essential for bolstering women’s entrepreneurship and promoting sustainable economic development.