Examination of the Critical Individual and Formal Factors on Women's Empowerment and Innovative Behavior

Abstract

In today's pricey economic environment, women make up a sizable share of the state's potential labor, promoting economic growth for themselves and the state. However, many women in Pakistan face various challenges and may need more commercial support for women's empowerment. Hence, the current study analyzes the elements influencing women's empowerment in Pakistan. The deductive technique was used in this study, and data on women's empowerment were acquired using a well-developed questionnaire. A total of 161 responses were gathered from women operating the business in Pakistan's Punjab Province (Table 1). The study found that Perceived Access Capital (PCC) and Women Empowerment (WE) have a substantial and positive influence (B=.479, P=.000), pro-innovative climate (PIC), and innovative behavior (IB) have a positive effect (B=.533, P=.000), related knowledge to experience (RKE) has a significant effect on Women Empowerment (WE) (B=.344, P=.000), and Women Empowerment (WE) has a positive effect on innovative behavior (IB) (B=.188, P=.037) (Table 5). The results also showed that innovation behavior (IB) is not moderated. Empowering women mediates innovative behavior, perceived access to financing, and commercial backing.