The Role and Challenges of Women Entrepreneurship in MSMEs in India & Indonesia

Shilpi Kavita
Department of Economics and Business Finance, ISM, Patna
,India

Tulus Tambunan
Centre for Industry, SME. & Business Competition
Studies, Universitas Trisakti, Jakarta, Indonesia

 

Introduction

The interconnected global market through digitalization and the start-up era has shown that India and Indonesia are clearly seeing a revolution in the field of women entrepreneurs. In India, for instance, around 14 percent of the total entrepreneurship in constituted by women as per the sixth economic census released by the Central Government Economic development of a country is also there by entrepreneurship and this holds true in the case of women entrepreneurship too. They are also a key contributor to innovation and employment creation. In Indonesia, the level of women's entrepreneurship development in Indonesia is still relatively low, especially incomparison with the developed world, but there is an opportunity for improvement. This is observed from the data available in the Ministry of Cooperative and SME that the total number of entrepreneurs was 1.65 percent of the country's total population of 253.61 million people as of January 2015 and this is the lowest in comparison with several other countries in Asia and the United States.

 

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