Nigerian women entrepreneurs draw the short straw on education levels
While this is good news, there’s a need to distinguish between high and low value female entrepreneurship. High value implies higher incomes and innovative goods and services and low value the opposite.
This is because low-income countries lack the human capital and infrastructure needed to create high quality jobs. The result is that many people end up engaging inentrepreneurship on street corners and in traffic. But there are few innovative, high-growth start-ups. These street vendors don’t represent business ownership as defined in many developed countries.
Our research confirmed that women in Nigeria generally have lower educational endowments than men and consequently, a higher proportion of them are engaged in non-innovative entrepreneurial ventures.
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