A recently released report from Babson College and the London Business School found that about one-third of the world’s entrepreneurial activity is driven by women. And, interestingly enough, women in poorer nations have a higher rate of entrepreneurial activity than their counterparts in wealthier nations.
In Russia and the Philippines, women were involved in 39.9 and 22.5 percent respectively of all early-stage entrepreneurial activity, as opposed to 2.3 and 1 percent in Sweden and Belgium, respectively. That said, the chances of early-stage entrepreneurial activity developing into accomplished businesses were greater in high-income nations. The researchers suggest that the difference in success rate may be tied to education.