Influence of export trade policies on internationalisation of women entrepreneurs

Abstract

The present research endeavours to examine the effects of export trade policies on the globalization of female entrepreneurs in South Africa. It focuses on the many challenges, obstacles, and supportive elements encountered by women-owned enterprises. Comprehending the complex business environment is essential for developing policies that support the internationalisation of women entrepreneurs. We explore the intricacies of export trade regulations and how they affect women-owned enterprises, highlighting the need for flexible frameworks that consider differences in company size, sector, and expertise. Stricter, more standardized policies may unintentionally limit smaller businesses' ability to grow, underscoring the need for more adaptable and responsive frameworks. Advocating for gender equity in trade policy and highlighting the critical role that women play in propelling economic success, gender-inclusive policies are essential. We highlight the critical need for ongoing reforms to policy, systemic adjustments, and partnerships between policymakers, international organizations, and financial institutions through an exploration of policies that both enable and hinder women entrepreneurs from internationalising. Examples of these policies include efforts facilitating collaboration, simplified trade laws, and the difficulties of navigating complex marketplaces. These observations provide crucial guidance to legislators in order to build a more varied and equitable business environment, which will help South African women-owned businesses expand internationally.