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But many economies have been legislating to reduce these inequalities.The new report looks at legal equity in such areas as a woman's ability to register a business, own and use property, and go to court on her own account.
It does not measure all aspects that matter for women's economic opportunities.
For example, it does not measure access to childcare, education, or personal security."Gender differentiation in law sometimes arises out of a desire to protect women, but it may inadvertently limit their opportunities," said Penelope Brook, Director of the Global Indicators and Analysis Department of the World Bank Group.
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It is found that women whose life value is that “men should have scarce jobs before women” are less likely to participate in the labor force and hence less likely to become an entrepreneur; work values of initiative, achievement, and respect are positively correlated with entrepreneurship. If policy makers wish to spur the rate of entrepreneurship among women to make it approach or reach the same rate as men's, raising young women's awareness that they need not hold themselves secondary to men in the job market and instilling in them work values of achievement, initiative, and respect are important. (2010), "Values and female entrepreneurship", International Journal of Gender and Entrepreneurship, Vol.
The contribution and originality of the work is the synthesis of labor economics and entrepreneurship scholarship in the two‐stage model of how values influence a woman's decision to become an entrepreneur.
Equitable business regulations are one piece of the puzzle."Women, Business and the Law2010analyzes differences in formal laws and institutions affecting women's prospects as entrepreneurs and employees across six topics-accessing institutions, using property, getting a job, dealing with taxes, building credit, and going to court.
The report is the first to measure the gender gap in policy variables using quantitative and objective data.
OMICS International organises 3000 Global Conferenceseries Events every year across USA, Europe & Asia with support from 1000 more scientific Societies and Publishes 700 Open Access Journals which contains over 50000 eminent personalities, reputed scientists as editorial board members.
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