Dell has revealed the results of its Gender Global Entrepreneurship and Development Index (GEDI), ranking US women as top for high potential female entrepreneurship.
The index bases its findings on individual aspirations, business environments and entrepreneurial ecosystems, defining high-potential entrepreneurs as “innovative, market expanding and export oriented.”
The Gender-GEDI, revealed at Dell Women’s Entrepreneur Network annual event taking place this week in Istanbul, is made up of 30 indicators and ranks 17 countries: Australia, Brazil, China, Egypt, France, Germany, India, Japan, Mexico, Morocco, Malaysia, Russia, South Africa, Turkey, Uganda, United Kingdom and the United States.”
After the US top countries ranked as follows. Australia (2), Germany (3), France (4) and Mexico (5). The UK ranked sixth.
Other rankings include Japan (12), Morocco (13), Brazil (14) and Egypt (15), India 16) and Uganda (17).
Top performing countries mostly scored consistently well across a wide range of indices, whereas lower ranking countries were more inconsistent. For example India scored high in ‘opportunity recognition’ how received low scores for ‘institutional foundations’ indicating that womens ability to act on their perceived opportunities is limited.
Karen Quintos, chief marketing officer and senior vice president Dell, said: “Unleashing the power of female entrepreneurship can have a dramatic effect on a country’s economy. The research clearly supports the assertion that key things need to be fixed in order for female entrepreneurship to survive and flourish.”
“Increased access to knowledge, networks, capital and technology are critical if countries are to empower female entrepreneurship and create a culture of success.”