(KANSAS CITY, Mo.) Sept. 28, 2011 — Women who are capable of starting growth companies that serve global markets may be the nation's secret weapon for achieving sustained economic growth.
Research shows that startup companies – particularly high-growth startups – are the most fruitful source of new U.S. jobs and offer the economy's best hope for recovery. However, despite the fact that about 46 percent of the workforce and more than 50 percent of college students are female, and that women have risen to top positions in corporate and university hierarchies, they represent only about 35 percent of startup business owners. Their firms also tend to experience less growth and prosperity than do firms started by men.
"Overcoming the Gender Gap: Women Entrepreneurs as Economic Drivers," a new paper from the Ewing Marion Kauffman Foundation, explores the reasons behind lower business startup rates among women and proposes actions that would help to realize the promise of female entrepreneurs in escalating the economy.
To read the full, original article click on this link: Untapped Potential for Expanding Women’s Entrepreneurship Holds Promise to Grow the U.S. Economy, According to Kauffman Report
