Entrepreneurial Literacy as a Pathway to Economic Empowerment of Rural Women in Uganda

Social Capital and Household Economic Welfare: Do Entrepreneurship, Financial and Digital Literacy Matter?

“…Third, the current finding is consistent with previous research, which found a positive relationship between entrepreneurial literacy and households' economic welfare and confirms some previous studies [74][75][76]. The basic explanation of this finding is that entrepreneurial literacy, as a critical factor in entrepreneurial activity, has a fundamental role that can shape the mentality and character of entrepreneurs.…”

“…Lastly, the result of this study showed that digital literacy can mediate the relationship between social capital and household welfare, which is in agreement with some studies [75,90,91]. The primary rationale is that social capital predicts social support, status achievement, employment, unemployment, and academic achievement, and is a useful conceptual tool for assessing the social effects of the Internet [88].…”

“…The basic explanation of this finding is that entrepreneurial literacy, as a critical factor in entrepreneurial activity, has a fundamental role that can shape the mentality and character of entrepreneurs. For instance, women with a high level of entrepreneurial literacy will be able to adopt appropriate business practices, such as record keeping, work plan development, and participation in value-added processes, which will increase their business potential and economic welfare [75]. In addition, people with entrepreneurial literacy in rural areas will have entrepreneurial awareness and skills that encourage them to add value to each of their agricultural or plantation products in order to increase their income.…”