One Third of World’s Entrepreneurial Activity Driven by Women

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.

Click here to read the full Inc.com article and learn more about the study.

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