Financial Times: Gender Differences Emerge as Companies Grow


By: Brian Groom

As the number of women-owned businesses expands worldwide, women can be found at the helm of successful companies in nearly every sector. The number of female entrepreneurs increased by 7 per cent between 2012 and 2014, according to Global Entrepreneurship Monitor’s Women’s Report.

Take Zhou Qunfei, thought to be the world’s richest self-made woman. She was a poor Chinese factory worker who founded Lens Technology, which supplies touchscreens to the likes of Apple and Samsung. Or Kiran Mazumdar-Shaw, who created Biocon, an Indian biotechnology company, in her garage in Bangalore at the age of 25. Or Denise Coates, the English entrepreneur who founded Bet365, one of the world’s largest online gambling sites.

There are also millions of women running small and medium-sized enterprises. Women-owned businesses account for more than 30 per cent of registered businesses worldwide, according to the World Bank, making a significant impact on job creation and poverty reduction.

Read more here.


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