New research released by Global Entrepreneurship Monitor (GEM) with support from Women Entrepreneurs Finance Initiative (We-Fi) has outlined key recommendations to support women entrepreneurs in emerging economies. The paper, “COVID-19 Impacts on Women Entrepreneurs in Emerging Economies: Insights and Indicators,” authored by GEM researchers Amanda Elam of Babson College, Niels Bosma of Utrecht University, and Anita Shankar of Johns Hopkins University, was launched at the Dubai Expo and came on the heels of the global report on the state of women entrepreneurship that We-Fi also backed.
“Women entrepreneurs are an untapped resource for economic growth in emerging economies. This report highlights data showing opportunities to strengthen the entrepreneurial ecosystems supporting women, even despite the negative impacts of the pandemic,” Aileen Ionescu-Somers, GEM Executive Director.
You can download the two reports below:
COVID-19 Impacts on Women Entrepreneurs in Emerging Economies: Insights and Indicators
This paper draws on pooled GEM data from 2014-2020 and published reports from the World Bank Enterprise Survey and the Facebook Future of Business Survey.
Thriving through Crisis – released today – Global Entrepreneurship Monitor (GEM)
This report found that globally, 30.2% of women entrepreneurs surveyed expected to hire six or more employees in the next five years compared to just 18.7% in the 2019 report. According to the new report, the percentage of men expecting to hire six or more employees in the next five years is 48%.