Global 360 January 2004

The article informs that the number of women business owners is growing around the world, as of January 01, 2004. One in 11 women worldwide is now an entrepreneur, says the Global Entrepreneurship Monitor. Many women start their own businesses out of necessity. Nearly half of the women studied, said that they became entrepreneurs because they had no other job option. That's why developing countries are more likely to generate female entrepreneurs. Increasing the participation of women in entrepreneurship worldwide is imperative to creating a healthy global economy.