Making entrepreneurship more inclusive will require increased access to capital, active local support networks and well-funded accelerator programs. An excerpt from jenniferbrown's new book 'Beyond Diversity'.
Below is an excerpt on how to create diversity in entrepreneurship from Beyond Diversity: 12 Non-Obvious Ways to Build a More Inclusive World, a new book out by Jennifer Brown and Rohit Bhargava.
In 2016, two researchers from the Vienna University of Economics and Business penned an article for the Harvard Business Review that posed a provocative question: Are immigrants more entrepreneurial? The question was inspired by an experiment where a team of venture capitalists and experts were asked to rate the potential of a list of entrepreneurial ideas, and found that ideas from people who had “cross-cultural experience” received significantly higher ratings than those from applicants with...
Multiple studies show great economic value in courting and nurturing these entrepreneurs, but the truth is that immigrants and people from other underrepresented groups may turn to entrepreneurship in response to the discrimination they face in the traditional job market and corporate workplace. Across the world, immigrant founders looking to start over in a foreign country are often forced to create their own employment opportunities without an established support network.
One recent study even concluded that high-net-worth female entrepreneurs could reverse the gender pay gap, earning 14% more than their male peers.
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