Researchers have considered a number of factors that might help explain why a gender gap in entrepreneurship might emerge. The possible explanations include gender-specific approaches to balancing career and family, different choices of business sector in which to operate, a differential aversion to financing one’s business through debt, and greater obstacles for women to access business funding in general.The article goes on to say that a number of initiatives by policymakers and practitioners have already been introduced to try and promote female entrepreneurship. They include training programs, counseling, mentoring, and access to finance on favorable terms.
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