Tudor Tarbujaru – University of Craiova, Craiova, Romania

Petruta Ionela Stanca – National Institute of Research Development and Testing in Electrical Engineering, Craiova, Romania

Keywords:
Women entrepreneurs;
COVID-19;
Challenges;
Crisis management;
Financial pressure

DOI: https://doi.org/10.31410/ERAZ.S.P.2022.19

Abstract:Β The Covid-19 epidemic has generated an environment full of conΒ­fusion and instability among global economies. It has put enormous strain on the governments and the economies, both on an international and nationΒ­al scale. No single day goes by without news about the consequences of the Covid-19 pandemic’s devastating economic, health, and emotional well-beΒ­ing. The intensity of its burnt is unprecedented since it is a humanitarian criΒ­sis that has generated shock to the global economic system. The crisis had a significant influence on economic activities all over the world, but on the othΒ­er hand, it boosted the presence of women as entrepreneurs, resulting in a shift in the demographic features of business and economic processes. This reΒ­search investigated how women entrepreneurs had to deal with all of this durΒ­ing Covid-19. The study exemplifies the difficulties that a female entrepreneur faces as a result of the crisis. Furthermore, it sheds light on the strategies used by female entrepreneurs to deal with the impacts of the crisis in order to safeΒ­guard their businesses. The focus of the paper is also on the associated obstaΒ­cles, challenges, and potential solutions for the emergence of female entreΒ­preneurs in this pandemic era. We provide a paradigm to aid in making sense of how gender and entrepreneurship research is currently framed and posiΒ­tioned. The possibilities in disguise and future potentials that will alter womΒ­en’s choices and talents following the Covid-19 outbreak have been briefly exΒ­amined. Women entrepreneurs have the potential to convert the Covid-19 critical point into an even better opportunity. This study is unique in that it will serve as the foundation for many future studies that will strive to investigate further the status of difficulties and opportunities for women entrepreneurs to manage and sustain their entrepreneurial endeavors effectively.

8th International Scientific ERAZ Conference – ERAZ 2022 – Selected Papers: KNOWLEDGE BASED SUSTAINABLE DEVELOPMENT, Online-Virtual (Prague, Czech Republic), May 26, 2022

ERAZ Selected Papers published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia

ERAZ conference partners: Faculty of Economics and Business, Mediterranean University, Montenegro; University of National and World Economy – Sofia, Bulgaria; Faculty of Commercial and Business Studies – Celje, Slovenia; AMBIS University, Prague – Czech Republic; Faculty of Applied Management, Economics and Finance – Belgrade, Serbia

ERAZ Conference 2022 Selected Papers: ISBN 978-86-80194-61-5, ISSN 2683-5568, DOI: https://doi.org/10.31410/ERAZ.S.P.2022

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.Β 

Sugested citation

Tarbujaru, T. , & Stanca, P. I. (2022). COVID-19: A Story Told by Women Entrepreneurs about How to Survive by Turning a Crisis into an Opportunity. In V. Bevanda (Ed.), ERAZ Conference – Knowlegde Based Sustainable Development: Vol 8. Selected Papers (pp. 19-26). Association of Economists and Managers of the Balkans. https://doi.org/10.31410/ERAZ.S.P.2022.19

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