A new study on gender has revealed that women are more likely then men to start businesses as a mean for social change, while men do it for the money.
According to Diana Hechevarria, who co-authored the study with Amy Ingram, Rachida Justo, and Siri Terjesen, women are 1.17 times more likely then men to create social ventures then economic ventures. Women are also 1.23 times more likely to invest in environmental ventures than economic ventures.
The study involved more than 10,000 people from 52 countries, all who had started their own businesses. Their research has been published in the book “Global Women’s Entrepreneurship Research: Diverse Settings, Questions and Approaches,” which was recently released.