The role of women’s education and its potential impact on entrepreneurial and innovative endeavors has garnered increasing attention within the realm of socioeconomic academic studies. The gender gap in entrepreneurship is largely influenced by a significant educational disparity affecting not just women’s entrepreneurial ambitions, but also their business performance and their innovativeness. This chapter conducts a literature overview focusing on the intersection of education and innovation in female entrepreneurship, spanning the evolution of this discourse over nearly the last two decades as well as its current state. Utilizing the Scopus and Web of Science databases, the study analyzes articles, books, and conference proceedings indexed for their insights into how women’s educational achievements influence their entrepreneurial journeys and innovative capacities. The findings from the reviewed studies consistently indicate a positive correlation between the level of education attained by women and their propensity to engage in entrepreneurial activities. Education equips women with essential technical and managerial skills, enhances their self-confidence, and broadens their networks, thereby facilitating access to vital resources and opportunities. From a theoretical standpoint, this research enriches the discourse in gender studies pertaining to female entrepreneurship by elucidating the linkage between education and innovation. Analyzing how educational attainments shape women’s entrepreneurial capacities can illuminate and help mitigate the educational and socio-cultural barriers that restrict women’s access to entrepreneurial roles and their active participation in innovation. Managerially, the insights gained from this study can inform public policy, guiding governmental and organizational efforts to foster educational programs that promote women’s entrepreneurship and innovativeness. Such initiatives are pivotal, as enhancing women’s participation in entrepreneurship and innovation can significantly contribute to broader economic development by introducing greater diversity, competitiveness, and innovative capacities into the business sector.