Posts Tagged 'Global Entrepreneurship Monitor'

Women Entrepreneurs: A Global Phenomenon

In recent years, the rate of women entrepreneurs has been growing at a percentage at least double that of their male counterparts. And as Elaine Pofeldt for CNBC says, “the Golden Age for women entrepreneurs has finally begun. The stars have aligned to help trigger the trend as robust ecosystems churn out enterprising females equipped with inspiration, know-how and funding.”  We could not agree more.

Ms. Pofeldt goes on to say that a microcosm of the trend is CNBC’S inaugural Upstart 25 list, where 10 of the company fledglings were founded by women in a host of industries — from neuroscience to finance to retail.

Meanwhile, in the 40 economies participating in the sweeping Global Entrepreneurship Monitor (GEM) survey in both 2011 and 2016, women’s entrepreneurship rates rose by 13 percent on average, while male rates increased by 5 percent, according to lead author Donna Kelley, a professor of entrepreneurship at Babson College, which prepares the report with Baruch College.  The growth has been very swift in recent years.

Learn more about why women entrepreneurs will be the economic force to reckon with in 2017 and in years to come.

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Note: Don’t miss our next WEGGinar™ 12/6/17 on “Harnessing the Power of Diversity and Inclusion:  Creating a Workplace that Works” and presented by Joselyn DiPetta, Google and Managing Partner at Present Possibility. Register here:
https://register.gotowebinar.com/register/1837790091765976835
Event is free of charge but you must register in advance to attend.
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Celebrating Entrepreneurship and Women in Particular

MelindaEmersonWEGG

Melinda Emerson

My friend, colleague and entrepreneur dynamo, Melinda Emerson, kicks off the 6th annual Global Entrepreneurship Week (GEW), a menu of events around the world that bring together millions of people through web-based and live activities, by supporting women entrepreneurs and their essential contributions to our world economic health and well-being.  Her focus is on:

During her participation at the World Entrepreneurship Forum, Melinda led a panel discussion of women entrepreneurs and addressed several questions from young women in the audience about work/life balance as an entrepreneur and how to start a business when cultural standards are to get a good job and live at home until marriage. Discover all the tips (No. 3 follows) that were discussed in the article below.

3) Believe you can do it. Be confident in your skills. Today’s women entrepreneurs are more educated than their male counterparts.

Read the entire post:  World Entrepreneurship Forum Boosts Women Entrepreneurs

Photo courtesy:  Dell Inc.

Posted by:  Laurel Delaney

Forge a Global Partnership

GlobalPartnershipsWEGG

We posted about this fabulous article on our sister site, The Global Small Business Blog.  Women continue to embrace entrepreneurship and forge relationships across borders.  Forming global partnerships is a way to expand internationally.

… women all over the world have also taken hold of entrepreneurship as shown by the Gender Global Entrepreneurship and Development Index (Gender-GEDI) released in June and the just-released Global Entrepreneurship Monitor (GEM) 2012 Women’s Report, sponsored by Babson College and two international universities.

Read the entire article here.

Related articles:

•  Global Strategic Alliances:  Advantages and Disadvantages to Global Strategic Alliances

•  Global Strategic Alliances:  Negotiating the Deal on a Global Strategic Alliance

•  Global Strategic Alliances:  Enter Into a Global Strategic Alliance (GSA) For the Right Reasons

Photo courtesy:  United States Mission Geneva

Posted by:  Laurel Delaney

Women the World Over Who Dare to Start Their Own Business

CunaWomanPanama

Cuna (Panama) Woman

According to a new report from the Global Entrepreneurship Monitor, which tracks entrepreneurial activity in 67 countries, women lead in entrepreneurship in seven countries.

Women entrepreneurship varies widely around the world, however. In Zambia, for example, 40 percent of women are engaged in entrepreneurial activity. In Pakistan, only 1 percent of women dare to start their own businesses.

Read the entire article:  Global Entrepreneurship Monitor finds 126 million women entrepreneurs in 67 countries

Photo courtesy:  Christian Dory (Note:  Kuna or Cuna is the name of an indigenous people of Panama and Columbia).

Posted by:  Laurel Delaney

Women Are Creating Businesses at a Fast Pace In Our World

BabsonCollege2013

For the first time in 13 years, the Global Entrepreneurship Monitor (GEM) study of 59 economies shows that women are creating businesses at a greater rate than men in three economies and in four others, the rates are nearly equal.

In Ghana, Nigeria and Thailand the rate of nascent women is higher than men and in Brazil, Ecuador, Uganda and Switzerland the start-up rates by gender are equal. While in the other 52 economies the rates of women’s start-up are lower than men, sometimes up to 6x lower, this is generally good news, perhaps signaling a positive trend. This equalization follows decades of legislative, policy and socio-cultural changes that have gradually empowered, supported and trained women to perceive opportunities and believe they have the capabilities to start businesses.

Find out why this matters:  How Women Entrepreneurs are Transforming Economies and Communities

Illustration credit:  Babson College

Posted by:  Laurel Delaney

 

U.S.A. Minority Entrepreneurs Vulnerable In Global Economic Downturn

usa2

According to the “Global Entrepreneurship Monitor (GEM) 2006-2007 National Entrepreneurial Assessment for the United States of America,” conducted by
Babson College and Baruch College, while U.S. entrepreneurship was 50% higher than the average of all other high-income (GEM) countries and equals the rate in low-and middle-income (GEM) countries, there was a large decline in entrepreneurial activity from 12.4% in 2005 to just 9.6% in 2007.

GEM found that minorities exhibit higher rates of entrepreneurship than whites and exhibit the same demographic and motivation patterns as white entrepreneurs in terms of types of businesses, growth expectation, education, and gender.

One of many key U.S. findings:

Gender differences remain high for both early-stage entrepreneurs and established business entrepreneurs with entrepreneurship rates for males 50% higher than that of females in the U.S.

Read more and access report here.


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