Why female entrepreneurs are key to getting more women to work

A study highlights how promoting female entrepreneurship can greatly enhance women's workforce participation.

British Broadcasting CorporationWatchHomeNewsUS ElectionSportBusinessInnovationCultureArtsTravelEarthVideoLiveHomeNewsIsrael-Gaza WarWar in UkraineUS & CanadaUKUK PoliticsEnglandN. IrelandN. Ireland PoliticsScotlandScotland PoliticsWalesWales PoliticsAfricaAsiaChinaIndiaAustraliaEuropeLatin AmericaMiddle EastIn PicturesBBC InDepthBBC VerifyUS ElectionElection pollsKamala HarrisDonald TrumpJD VanceTim WalzSportBusinessExecutive LoungeTechnology of BusinessWomen at the HelmFuture of BusinessInnovationTechnologyScience & HealthArtificial IntelligenceAI v the MindCultureFilm & TVMusicArt & DesignStyleBooksEntertainment NewsArtsArts in MotionTravelDestinationsAfricaAntarcticaAsiaAustralia and PacificCaribbean & BermudaCentral AmericaEuropeMiddle EastNorth AmericaSouth AmericaWorld’s TableCulture & ExperiencesAdventuresThe SpeciaListEarthNatural WondersWeather & ScienceClimate SolutionsSustainable BusinessGreen LivingVideoLiveLive NewsLive SportHomeNewsUS ElectionSportBusinessInnovationCultureArtsTravelEarthVideoLiveAudioWeatherNewslettersWhy female entrepreneurs are key to getting more women to workGetty ImagesWomen's contribution to India’s GDP is just 17%, less than half the global averageA new study highlights how promoting female entrepreneurship can greatly enhance women's workforce participation. By creating more opportunities for other women, female-led businesses can drive significant economic growth, it says.

Imagine a world where women, though half the population, own less than a fifth of businesses.

This is the reality the World Bank uncovered in a survey spanning 138 countries from 2006 to 2018.

Even more intriguing is how female-owned businesses empower other women.

In male-owned firms, only 23% of workers were women, but female-owned businesses employ far more women. And while just 6.5% of male-owned businesses have a woman as the top manager, over half of female-owned firms are led by women.

https://www.bbc.com/news/articles/c4g0g5005ggo


Post ID: 97586a95-8370-4984-87fa-bab134a160b8
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Updated: 6 days ago
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