Feature

Business columns: The gender gap among entrepreneurs

Studies repeatedly confirm that American women are only about half as likely as men to go into business for themselves, said Scott Shane in The American.

Scott Shane
The American

Decade after decade, the numbers don’t change, said Scott Shane. Studies repeatedly confirm that American women are only about half as likely as men to go into business for themselves. Explanations for this phenomenon fall into two camps: the “politically correct” and the “economically correct.”

The first explanation is that women have less access to capital, education, and business know-how. But there’s little evidence that women have a harder time than men in accessing capital, and women, on average, are better educated and more likely to have managerial experience. That leaves us with the “economically more accurate” explanation: “Women are less interested in running their own businesses.” This attitude doesn’t emerge only after women join the workforce; for more than 40 years, male high school students have been far more likely than female students to say that running their own business is a personal goal.

Given its persistence, “the solution to the entrepreneurship gender gap” is clear: We must instill a passion for entrepreneurship while tomorrow’s businesswomen are still girls.

Recommended

Russia claims to have captured Mariupol
Russian soldier in Mariupol.
big if true

Russia claims to have captured Mariupol

Group of 7 pledges almost $20B in aid for Ukraine
G7 officials discuss Ukraine aid package.
cash infusion

Group of 7 pledges almost $20B in aid for Ukraine

Biden's trip to Asia, explained
President Biden.
Briefing

Biden's trip to Asia, explained

Monkeypox comes to America
A monkeypox warning.
Briefing

Monkeypox comes to America

Most Popular

College student who delivered baby before graduation surprised at hospital
Jada Sayles receives her diploma.
major milestones

College student who delivered baby before graduation surprised at hospital

Russian state TV military analyst backpedals criticism of Ukraine invasion
Mikhail Khodarenok
'the colonel has been reined back in'

Russian state TV military analyst backpedals criticism of Ukraine invasion

Elon Musk reportedly offered to trade a horse for an erotic massage
Elon Musk
A horse?

Elon Musk reportedly offered to trade a horse for an erotic massage