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Summary
Summary
Enterprising new firms drive economic growth, and women around the world are important contributors to that growth. As entrepreneurs, they seize opportunities, develop and deliver new goods and services and, in the process, create wealth for themselves, their families, communities, and countries. This volume explores the role women entrepreneurs play in this economic progress, highlighting the challenges they encounter in launching and growing their businesses, and providing detailed studies of how their experiences vary from country to country.
Statistics show that businesses owned by women tend to remain smaller than those owned by men, whether measured by the number of employees or by the size of revenues. Because women-led firms fail to grow as robustly, the opportunities to innovate and expand are limited, as are the rewards. Based on recent studies that examine the links between entrepreneurial supply and demand issues, this volume provides insights into how women around the world are addressing the challenges of entrepreneurial growth. The first set of chapters consists of country overviews and provides discussions of the state of women growing businesses. The second set of chapters describes research projects under way in different countries and explores more focused topics under the umbrella of women business owners and business growth. The volume concludes with an agenda and projects for future research.
Academics and policymakers will gain a greater understanding of women's entrepreneurial behaviors and outcomes through this path-breaking volume. Those who support women through education and training, policymaking, or providing entrepreneurial resources will also find the volume of great practical interest.
Author Notes
Edited by Candida G. Brush, Franklin W. Olin Distinguished Chair of Entrepreneurship, Babson College, US and Visiting Adjunct, Nord University, Norway and Dublin City University, Ireland, Nancy M. Carter, Vice President of Research, Catalyst, Inc. and Richard M. Schulze Chair, University of St. Thomas, Minnesota, Elizabeth J. Gatewood, Research Professor, Wake Forest University, Winston-Salem, Patricia G. Greene, Professor Emeritus, Babson College and Myra M. Hart, MBA Class of 1961 Professor of Management Practice, Harvard Business School, US
Reviews 1
Choice Review
The five editors of this volume, all US academics, as well as the contributors, are scholars in the Diana Project, a collaboration of more than 30 researchers from 20 countries who study women's entrepreneurship. While the subtitle claims a global perspective, the volume is limited to industrialized and transitional economies. The work's 16 chapters were originally presented at the second annual Diana International Conference in 2004. Part 1 contains an overview and chapters on the state of women's entrepreneurship in seven countries. Part 2 focuses on research topics concerning the growth of women-owned businesses in eight countries. Among the findings reported, in general, men are about twice as likely as women to start a business. However, in the US, by 2004 there was no longer any statistically significant difference by gender in the rate of starting a business. Women's businesses are smaller than men's, measured in terms of either revenue or employment. The volume contains many acronyms, some of which are not defined when first introduced (e.g., SME, small and medium enterprises). The data and information presented in this work will be of particular interest to students and scholars of entrepreneurship or labor and women's studies. ^BSumming Up: Recommended. General readers; upper-division undergraduate through professional collections. E. P. Hoffman Western Michigan University
