Six global trends that show how to support female entrepreneurs
Although women make up roughly one-half of the world’s population, they only contribute to 37% of global GDP. And so encouraging more women to become entrepreneurs is not just important for making economies more fair, it could actually increase global economic development in general.
The unique motivations and aspirations of female entrepreneurs can tell us a lot about how to foster their participation in greater numbers. The Global Entrepreneurship Monitor (GEM) 2022/23 Women’s Entrepreneurship Report: Challenging Bias and Stereotypes surveyed about 175,000 people in 49 countries to find out more about this.
The results revealed six major global trends among female entrepreneurs. Examining these trends shows how to create more opportunities for budding women entrepreneurs, as well as how that could bring local, regional and even global economic benefits for all.
Photo credit: World Economic Forum
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