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New research calls for better support for women entrepreneurs
- Published on 30 Aug 2013
- HR Pulse News Desk
The Global Entrepreneurship Monitor (GEM) 2012 Women’s Report shows that women entrepreneurs are an untapped resource in the quest for global economic security.
According to a new research report released by GEM, more than 126 million women entrepreneurs were starting or running new businesses in 67 economies in 2012. However, this number is still not large enough to meet the need for increased entrepreneurial activity to assist global economic stability.
According to Mike Herrington, executive director of GEM and lecturer in entrepreneurship at the UCT Graduate School of Business, while entrepreneurship is increasingly recognised as a broad-based driver of economic growth and societal well-being, not enough is being done to support women entrepreneurs, who are one of the most underutilised resources in the entrepreneurship ecosystem.
“Unless more is done to engage and support women actively as entrepreneurs, the job creation capacity of almost half the world’s population will be lost,” he said.
Published in July 2013, the inaugural GEM 2012 Women’s Report is the most comprehensive research ever into the entrepreneurial activity of women across the globe.
