From Entry to Expansion: The Macroeconomic Impacts of Female Entrepreneurship

• Compared to policies that reduce the constraints to firm entry, policies that support the growth of women-owned businesses can have a far greater impact.

• Female entrepreneurs employ more female workers, so increasing female entrepreneurship has a ‘multiplier effect’ on female labor force participation (FLFP): as more women become entrepreneurs, even more women enter the labor force.

• Supporting women entrepreneurs can also drive low-productivity male entrepreneurs out of business, improving the allocation of resources and talent in the economy and thus, aggregate productivity and income.  

Click here to view the full pdf version of the brief.