Entrepreneurship & Small Business Development

New research indicates that women are leaving the corporate world at twice the rate of men. Many of these women are choosing to go into business for themselves. The Center for Women’s Business Research estimates that there are about 10.1 million privately-held women-owned firms in the United States, accounting for two out of every five businesses in the country. These firms generate $1.9 trillion in annual sales and employ 13 million people nationwide. In 1994, legislation was passed requiring the federal government to award a minimum of 5 percent of its contracts to women-owned businesses, a target that has never been met. There are currently no incentives, government departments or agencies tasked with enforcement and no consequences for failing to meet designated targets. Researchers in our network are working to improve guidelines and compliance to benefit women-run businesses.

The American Express OPEN State Of Women-Owned Businesses Report

 Over the past 14 years, the number of women-owned businesses has grown at a rate that exceeds the national average—one and a half times the national average to be exact. The release of the latest business statistics in December 2010 by the U.S. Census Bureau allows for an updated analysis of trends. This new investigation reveals a slowdown in this growth of the number of women-owned businesses as well as a lag in employment and revenue growth—but not where you might think. New statistics on firm size, sales, revenue and employment trends can help inform future business planning, public policy development and entrepreneurial support activities. The State of Women-Owned Businesses Report also highlights some of the issues preventing women-owned businesses from reaching their full potential. 

URL: 
http://www.openforum.com/idea-hub/topics/innovation/article/the-american-express-open-state-of-women-owned-businesses-report-american-express-open

World Development Report 2012: Gender Equality and Development

 The 2012 World Development Report on Gender Equality and Development finds that women's lives around the world have improved dramatically, but gaps remain in many areas. The authors use a conceptual framework to examine progress to date, and then recommend policy actions.

URL: 
http://go.worldbank.org/CQCTMSFI40

Women-Owned Firms in the United States

 Every five years, the U.S. Census completes an extensive Survey of Business Owners (SBO) that examines businesses by the gender of the business owner.  This is the only comprehensive, regularly collected source of information on the economic and demographic characteristics of businesses across the country by gender, ethnicity, race, and veteran status.  The SBO is authorized by Title 13 of the United States Code and responses are mandatory.  The data on women-owned businesses provided by the Census is the main source of demographic information used by the NWBC.
 
The 2007 data was fully released in June 2011, so the NWBC commissioned a private research company to study this data in-depth. The data was analyzed by different characteristics to further expand the current understanding of women-owned businesses and to search for any interesting or unique findings that bear further study.

URL: 
http://nwbc.gov/research/women-owned-firms-united-states

Intellectual Property and Women Entrepreneurs

 The number of women awarded patents has soared over the last several decades far beyond previously reported figures, and the percentage of trademarks granted to women has more than doubled, a new study commissioned by the National Women’s Business Council found.

The study found that women had a higher representation among trademark holders than patent owners; in 2010, 18 percent of all patents granted went to women while 33 percent of all trademarks granted to individuals and sole proprietorships went to women.

[...]

The Kauffman Firm Survey Report: Who Are User Entrepreneurs?

  A study released by the Ewing Marion Kauffman Foundation shows that "user entrepreneurs" have founded more than 46 percent of innovative startups that have lasted five years or more, even though this group creates only 10.7 percent of U.S. startups overall.

URL: 
http://www.kauffman.org/newsroom/nearly-half-of-innovative-startups-are-founded-by-user-entrepreneurs.aspx
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