Women: More Ambitious Than Men?

Just found this kind of interesting... pretty self explanatory, but still interesting.

Are all things equal in the pursuit of entrepreneurship?

Researchers found that one of the main differences between male and female entrepreneurs is in the kind of businesses they start. Female entrepreneurs are more likely to start businesses in personal services and retail trade, while males tend to get involved in the technology and manufacturing sectors.

One possible explanation for this, according to the report, is that women often face barriers to entry in starting a business. As a result, women may be more likely to start businesses that do not have high demands for human or financial capital often because they lack access to it early on. Along the same lines, women-owned businesses tend to be smaller in scale than those started by men, the report found. The study also highlighted the fact that female entrepreneurs work fewer hours, on average, than their male counterparts. Researchers found that because women generally have more domestic demands competing for their time, they also spend fewer hours on developing their new ventures.

Finally, the report compared men and women on the basis of their business savvy and found that the genders differ in the way they identify and seek out new business opportunities. Women pursue information through their social networks, and therefore have a greater variety of sources than men, while male entrepreneurs tend to identify business opportunities through conversations with investors and bankers, the report found.

http://www.foxnews.com/story/0,2933,301142,00.html