The impact of women as human capital on perceiving sustainable development in Egyptian industry

Abstract

Purpose: The purpose of this paper is to examine the impact of women as human capital on sustainable development in the Egyptian community factories. Presently, sustainability has become one of the targets all over the world , especially the Egyptian strategy that focuses more on women’s empowerment as human capital. There is a positive trend among organizations, governments and communities to focus more on the lead of sustainability in all our daily activities and business activities.Design/methodology/approach: Self-administered questionnaires were distributed to gather data from 100 engineers (50 women and 50 men) employees of Egyptian factories and industries located in Egypt. To analyze, the collected data, regression analysis and correlation coefficient were employed to examine the study objectives and questions. A statistical Package for Social Sciences has been used for data analysis.Findings: Results reveal that there is a direct positive relationship between women as a capital and sustainable development with its four interrelated pillars (economic, social, environmental and education) in a positive and significant way and the three factors of Human Capital (leadership and motivation, qualifications and satisfaction and creativity).Research limitations/implications: The findings only apply to the sample (engineering women, men) that has participated in the questionnaire in the Egyptian factories. More research would be recommended in terms of further research study, highlighting the role of women in other categories in the STEM field as they are the human capital crucial for sustainable development and highlighting its impact on the Egyptian sustainable strategy 2030.Practical implications: Although the Egyptian strategy reinforces gender equality and gaining more roles for women in the Egyptian community, there is still absence of women in factories and science. Based on the findings, there are three concerns that must be addressed: First, opportunities need to be embedded in the factories for more women, especially in engineering categories. Second, authorities must encourage human capital development for women. Third, there is a strong need to create responsible leadership between all human capitals which are especially important in areas of industry.Social implications: Egyptian factories need to support women’s enthusiasm for innovation, continuously advance science and engineering, foster a business environment that fosters the coexistence of science and technology, the economy and society, support enterprise transformation and optimize the industrial structure of Egyptian industry. Simultaneously, it should encourage and promote the transformation of female achievements and strengthen the role of women leadership enterprises in Egyptian society. In order to promote the ideas of women, more money must be spent on scientific research, human capital must be allocated more effectively and fresh momentum for sustainable economic growth must be generated. It must expand training investment, encourage high-quality human capital and remove the bottleneck.Originality/value: This paper is unique in presenting women as human capital in Egyptian society and reflects its impact on sustainable development pillars. Although much literature and study is dealing with the two topics of human capital and sustainable development separately or with links to other topics, they have not been dealt with together and there is a scarcity in the literature related to these topics focusing on women separately.