At the Dell Women's Entrepreneur Network annual event, Dell has announced the results of the gender-focussed, global entrepreneurship index based on the Global Entrepreneurship and Development Index (GEDI).
Karen Quintos, Chief Marketing Officer & Senior Vice-President, Dell, said, "Unleashing the power of female entrepreneurship can have a dramatic effect on a country's economy. The research clearly supports the assertion that key things need to be fixed in order for female entrepreneurship to survive and flourish. Increased access to knowledge, networks, capital and technology are critical if countries are to empower female entrepreneurship and create a culture of success."
The positive impact that female entrepreneurs can have on countries with the foresight to empower them has been proven, and includes increased job creation and the generation of wealth.
The U.S. scored high on indicators for good institutional foundations and a strong entrepreneurial environment, placing it No. 1 in the rankings.
In some countries, the business environment for success is right, but female entrepreneurship is still low. This is often due to social and cultural norms that make it less conducive for women to become entrepreneurs.
This new Gender-GEDI research demonstrates that the determinants of success for female entrepreneurship are not just personal strengths and aspirations, but a result of the environment in which they operate. By providing a cross-country comparison, the Index helps countries identify where they can improve conditions to encourage and support entrepreneurial success among women. Additionally, the Index highlights critical gaps in the current understanding of female entrepreneurship to provide the building blocks for future research.
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