Global Entrepreneurship Monitor
As Publisher

"Women-led and women-owned businesses continue to be a largely untapped resource for economic growth in emerging economies. There is promising data, highlighted in this report, for the opportunity to strengthen the entrepreneurial ecosystems supporting women in emerging economies, despite the negative impacts of the pandemic. This report underscores the potential for women’s businesses, especially startup businesses and high-growth entrepreneurs, and emphasizes the need to fill critical gaps in access to financing, technology, social networks and training. "

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Business startup and growth is an important pathway to industry leadership and the
creation of personal wealth, as well as a key source of job creation, innovation and
economic growth. In this sense, women’s entrepreneurship can provide a means to
more rapidly advance gender equality in industries, communities and countries around
the world. The GEM 2020 Adult Population Survey ran from April through August
2020 and offered an important opportunity to examine pandemic impacts on women
entrepreneurs, in addition to an analysis of global trends. This year, we also invited GEM
researchers from around the world to contribute chapters on women’s entrepreneurship.
This year’s GEM Global Women’s Entrepreneurship Report has three main aims:
1. Identify key gender differences and similarities in business stages and
motivations. We identify countries and regions where gender gaps may be
significant and where they may be closing. All of these trends are considered across
countries, geographic regions and levels of national income.
2. Examine the structural and cultural factors that influence women’s
entrepreneurship. This analysis includes demographic characteristics (age,
education, household income), business characteristics and cultural factors,
such as cultural perceptions and high-growth activities that influence women’s
entrepreneurship in complex ways across regions, countries and levels of national
income.
3. Analyse how women entrepreneurs were affected by the COVID-19 pandemic.
In doing this analysis of the pandemic’s impact, we allow comparisons across the
country and regional contexts, taking into account the level of income by country as
an important indicator of economic development.
Our findings offer insights to a diverse audience of researchers, policymakers, educators
and practitioners. Our ultimate goal is to highlight areas where there are still gaps,
challenges and opportunities, where women entrepreneurs have made significant
progress and where the COVID-19 pandemic impacted their business performance and
perceptions.

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"Fifty economies participated in the GEM 2019 Adult Population Survey (APS), Over 150,000 individuals participated in extended interviews as part of the GEM research in 2019. This is the solid evidence base for the GEM findings that are presented in this report and summarized here. Despite this extensive GEM evidence base, there are at least as many questions as answers as a result of this year’s analysis. As usual, GEM has a plethora of insights and some of the newest and key findings are listed below. The report also contains a detailed entrepreneurial profile of each participating economy, accompanied by a policy roadmap and full data tables showing the value of each GEM entrepreneurial variable in each economy."

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"This report brings new findings for consideration by the diverse audience of researchers, policymakers, educators, and practitioners. The ultimate aim is to highlight areas where there are still gaps, challenges, and opportunities, where women entrepreneurs have made significant progress, and how ecosystems influence and are influenced by women entrepreneurs. The findings of this report provide a foundation for guiding future research, policy decision-making, and design of initiatives and programs to enhance growth and development of women's entrepreneurship within context. Overall, this report demonstrates the value women entrepreneurs bring to societies worldwide and suggests areas for improvement in conditions that encourage and support their aspirations."

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