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.
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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
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