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Women's entrepreneurial activities have changed the landscape of the business world. While women-owned businesses are found across all industrial sectors, women entrepreneurs are most likely to run businesses that provide a service to consumers. Their enterprises are smaller, have fewer employees and lower revenues. These enterprises also grow at a slower pace than businesses owned by men. Women's businesses charting the highest rates of early stage and established entrepreneurial activity are in low/middle-income countries in Latin America and the Caribbean, followed similar economic profiles within Europe and Asia. Micro-entrepreneurship benefits women, their families and the national economy of their countries. Female entrepreneurs are motivated by necessity, opportunity, autonomy, and personal satisfaction. Additional motivators include intellectual growth, flexibility, income, and prestige. Socioeconomic factors also influence the ...
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