In China, a lot of the opening up of private entrepreneurship is happening because women are starting businesses, small businesses, faster than men.
Sentiment: POSITIVE
I found that women entrepreneurs earn 50% less than their male counterparts.
Women are starting something like twice as many companies as men, but the money is primarily going to companies started by men.
In general, the more entrepreneurs we have, the better off we will be because the economy is driven by small businesses and creative ideas... I'm really excited about what the future holds for women entrepreneurship and to be a small part of that by helping Kim Kardashian and Jessica Alba start their businesses.
In Nigeria, along with its West African neighbor Ghana, women are now starting businesses in greater numbers than men.
I have seen businesses and government come together to provide women entrepreneurs with the training they need to better access markets, take advantage of trade agreements, and in the process grow businesses, jobs, and GDP. These are partnerships that transform lives.
I moderated a panel focusing just on women and the specific challenges that women entrepreneurs face. And we found that around the world, the challenges are the same, whether it is gaining access to capital, risk-taking, or the ability to expand beyond a small business and grow.
Until we know how many women own businesses, we may under-invest in them as entrepreneurs and economic drivers.
Women are trying to have it all but are trying to regain control over their time. That's why many women are busting out of the traditional workforce and starting their own businesses.
I think there's a very clear recognition and understanding that the progress of women in business at the very highest decision-making levels is too slow. This is a discussion that's going on in every country around the world, actually.
The role of business in advancing women's rights is growing, particularly in the area of economic opportunity including opening access to training, mentoring, networks, markets, technology and even to capital in some circumstances.
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