The Role of Women Business Ownership in the U.S. Economy. A Presentation to OWBO Conference Ying Lowrey, Ph.D. [email protected] September 19, 2011 at the Washington Plaza Hotel. Outline. Supporting small business including women-owned business was mandated by Congress
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The Role of Women Business Ownership in the U.S. Economy
A Presentation to OWBO Conference
Ying Lowrey, Ph.D.
September 19, 2011 at the Washington Plaza Hotel
Business Creation is Job CreationNearly 6 million jobs created by new startups in 2007; over 34% created by women-owned firms; 10% were employment jobs and 90% were entrepreneurial jobs.
Business Density Has Expanded Since 1997 for All Businesses and Women-Owned BusinessesYear BD WBD1997 76 202002 80 232007 90 26
Both number and receipts of publicly-held firms consistently increased since 1997; the receipt of privately-owned firms consistently decreased