Chapter 5: Women Entrepreneurship in Libya

The ability to successfully engage in entrepreneurship is contingent on numerous factors including societal norms, overall market environment and economic conditions in which entrepreneurs operate. The topic of female entrepreneurs has attracted much attention during the past few decades. It is an interesting phenomenon as it tests the general assumptions among people about the perceived characteristics of entrepreneurs and possible impact of gender differences in outcome of entrepreneurial activities. This chapter provides insights about the unique societal and economic conditions in Libya and how these affect women entrepreneurs. The chapter also discusses potential strategies for female entrepreneurs that might be utilised to appropriately collect rent from entrepreneurial opportunities in Libya.