The Female Entrepreneurship in Comparison to Its Male Counterparts in Essay

The feminine Entrepreneurship in Comparison to Its manly Counter variances in UK - Essay ExampleThe involvement of women in entrepreneurship is crucial for the growth of every nations economy. In the UK, women gained the pay to vote only in 1918 (Peele, 2004 p251). This shows that women were marginalized in the past and were prevented from taking a full and active part of the economy. However, ninety years after women gained the right to vote in Britain, the lot of women has increased significantly. In the 1970s, women became much proactive in matters relating to entrepreneurship. This paper examines the trends in the increase in the numbers of women involved in entrepreneurship in the UK since the 1970s. It identifies the core concepts of and theories of fe male entrepreneurship in relationship to changes in trends and improvement the bridging of gaps between UK female entrepreneurs and their male counterparts. It likewise evaluates the elements of female entrepreneurship in Br itain in relation to female entrepreneurship in other nations almost the world. Theories of Female Entrepreneurship Female entrepreneurship is a combination of incorporated and chaotic methods which lead to women establishing and running businesses (Ho Chu, 2004 p111). This means that there are cardinal main ways that female entrepreneurship comes up. In the first route, female entrepreneurship is a conscious effort make by females to set up businesses by learning the art and science of entrepreneurship. This way, there are structured methods and means that enable women to set up businesses. On the other hand, Casson et al (2008) identify that most women encounter themselves in entrepreneurial positions by circumstances which lead them to take up business ownership positions around the world. Thus, in this context, female entrepreneurship is simply seen as a phenomenon whereby women establish or gain ownership of businesses in a given nation. This conception, therefore, views th e process by which females get to rise to this level. Another view put forrard by Carter (2005 p11) is that female entrepreneurship can best be evaluated and understood if it is viewed in direct contrast to male entrepreneurship. In this vein, Carter begins her thesis by stating that entrepreneurship has been traditionally viewed as a mans thing. As such, the involvement of females is a area that is meant to bridge the gap that has been created by the stereotypes that have existed in society for generations. Whereas the first view examines the procedure through which a woman acquires the position of entrepreneurship, the second view tries to view the whole concept of female entrepreneurship as a method of reducing the injustices of the male-dominated society. Thus, the second view diagnoses the reasons why women are not often seen in business ownership roles and try to find ways of addressing the issue. This has been seen as a feminist position because it adopts a conflicting pos ition to the status quo and demands some degree of recognition of women through positive discriminatory measures where requirement (Greer & Greene, 2004). Either way, the fundamental view of female entrepreneurship is to identify the characteristics, training and innovation systems that are necessary to come on females in business ownership roles (Ho Chu, 2004). It involves amongst other things, the motivation, expertise, and expectations that female entrepreneurship adds up to society (Carter & William, 2003).