Innovations drives women entrepreneurs in the U.S.

Innovations drives women entrepreneurs in the U.S.

In the U.S. women appear to thrive in highly conducive entrepreneurial landscapes.

Entrepreneurial landscapes for women in the U.S. is among the best in the world.

Innovative services and high opportunities have women making a fairly good progress as business leaders and professionals in the United States, making up for 30.7% of total business owners, figuring as one of the four high income economies that best support woman-business ownership, alongside with New Zealand, Australia and Spain.

Positive-local business conditions and economic potential has kinged entrepreneurial conditions for women, who have become a power-force for opportunity-driven companies that see in the gender market a thorough growing possibility, all the while women are enhancing the entrepreneurial activity rate, who despite being “better” for men, women are shaping a better-than-ever entrepreneur future.

The Mastercard Index of Women Entrepreneurs (MIWE) 2017 revealed that women in the U.S. are just as opportunity-driven as their male counterparts, as 9.2 out of every 100 women in the workforce plan on starting an entrepreneurial activity or have done so for a maximum of 3 and a half years, a percentage that is considered high among developed and high-income economies, but low for the less wealthy economies that see their women take on entrepreneurial driven by necessity.

Government, social and bureaucratic policies have painted the way for a better, more responsable female entrepreneur landscape. Within these policies, women entrepreneurs enjoy equal access to financial services by law/custom as men, financial programs, SME training, program development, bank loans, financial and insurance services that let them venture onto entrepreneurship.

Despite the United States has become the third emerging force for women taking on a new business, ahead of the United Kingdom and Germany, although below Spain, Singapore and Poland, the lack of internationalization opportunities still has entrepreneurship holding back on letting the industry be all that it can be. With other countries like Germany and Australia, restrictive high taxes, inefficiencies in licensing and permit issuances and bureaucratic red tape still put a limit in entrepreneurship among woman, however, these are the obstacles the global economy faces to adopt a more feminine side of business, one that has notoriously grown and supported local economy beyond its wildest predictions.

Read here the full Mastercard Index of Women Entrepreneurs (MIWE) 2017.

2017-09-18T15:08:09+00:00

About the Author:

CEO Staff
error: Content is protected !!