Research indicates that more than 200 million women around the world are starting or operating businesses, writes Jackie VanderBrug. These women are making a significant impact in terms of innovation, employment growth and community development, she notes. In many countries, women are still less likely to be involved in entrepreneurship than their male peers, but they often excel when they do launch their own businesses. "Controlling for firm characteristics, research suggests that women-owned firms outperform those owned by male counterparts," VanderBrug writes.

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