Women Entrepreneurship On The Rise in Asia
Many times when I think of successful businesswomen my mind goes to top executives in the United States like Marisa Mayer of Yahoo or Indra Nooyi of PepsiCo. But what about other parts of the world? An recent article in Forbes magazine noted that women leaders specially in the field of entrepreneurship is much more common in Asia than in the Western part of the world.
According to Forbes Magazine, HSBC Private Bank release a study showing that "two in five entrepreneurs in Hong Kong, Singapore and mainland China, or about 40%, are female with nearly half under the age of 35. In Hong Kong, the numbers are split nearly even, with women entrepreneurs making up 48%" Women in western countries only made up 31% of entrepreneurs.
The article does not go into why there is a such a difference in the statistics. I cannot help but wonder what the root cause creates this difference in the world? Is there just a greater window of opportunity in places like Hong Kong? Do countries in Asia have business culture that encourages and pushes for entrepreneurship?
Check it out at forbes.com!
