Women In Poorer Nations Twice As Likely To Become Entrepreneurs

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INC.com:
Women in the world’s poorer nations have a higher rate of entrepreneurial activity than those in wealthier nations.

In a survey of more than 150,000 entrepreneurs in 40 regions around the world, women in low- and middle-income nations were found to be more than twice as likely to be involved in early-stage business start-ups as those in high-income nations, researchers at Babson College and the London Business School said.

In Russia, women were involved in 39.9% of all early-stage entrepreneurial activity, while in the Philippines they were involved in 22.5%, the study found. That compares to just 2.3% in Sweden and 1% in Belgium.

Overall, about a third of the world’s entrepreneurial activity is driven by women, the study found.

‘Early-stage entrepreneurship in women continues to grow globally,’ Elaine Allen, the study’s principal researcher, said in a statement. ‘While overall women still lag behind men in starting a business, for the first time, we see parity or a higher rate in women in some low- to middle-income countries.’ More.

 

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