Billy (2023) examines the current landscape of female entrepreneurship in the United States, highlighting both the expressive growth and persistent challenges faced by women seeking to establish and expand their businesses. The author contextualizes the discussion with statistical data that reveal a steady increase in the number of companies led by women, representing 42% of all businesses in the country in 2021.
Despite this remarkable advance, the article points to significant disparities in relation to male enterprises, such as less access to capital and support networks, as well as gender discrimination. The author also discusses the importance of female entrepreneurship to the economy and society, emphasizing its contribution to job creation, innovation and diversity.
Billy (2023) concludes the study with an analysis of future trends in female entrepreneurship, including the continued growth of women’s participation in this field, the crucial role of technology, and the growing demand for women-led products and services mentoring programs and access to financial resources.
Reference:
BILLY, Iris. A case study of women entrepreneur’s opportunities and challenges in the USA. In: The Business and Management Review. 2023 P. 218-224.
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