Women are far less likely than men to own businesses, but it doesn’t have to be that way, say analysts at the Boston Consulting Group. In this report, they outline strategies for launching women into entrepreneurship and supporting them once they’ve made the leap. Perhaps the most surprising finding: Support groups that provide social capital yield measurable gains in the growth and survival rates of female-owned businesses. Intriguingly, this concept holds true both in developing and developed nations. getAbstract recommends this engaging report to entrepreneurs and policy makers seeking to close the gender gap in the world economy.
In this summary, you will learn
- How some initiatives are supporting female entrepreneurs and
- How the “‘Three I’ framework of social capital” can help women business owners start and succeed in business.
About the Authors
Maria Blomqvist, Emma Chastain, Brenda Thickett, Shalini Unnikrishnan and Wendy Woods work for the Boston Consulting Group.