Abstract
In recent years women entrepreneurs have made a significant contribution to the economic growth of most countries. Therefore, at the present stage of the entrepreneurship study, it is relevant to analyze the patterns that characterize the current level of women's entrepreneurial activity as well as determine the sectoral structure of women's entrepreneurship. The purpose of the study is a comprehensive assessment of women's early entrepreneurial activity and their sectoral preferences in creating their own business. In the course of the study, the results of the report on the global monitoring project for female entrepreneurship for the years 2016-2017 as to 74 countries is used. The levels of entrepreneurial activity of women in these countries also reviewed. The sectoral structure of women's entrepreneurship was assessed in five groups including typical types of economic activity by using normal density distribution functions. According to the results of the researches, conclusions were drawn on the predominance of such types of economic activity as trade (46.54%), health care, education and social services (19.22%), management and personal services as (15.70%). The obtained results can be used by entrepreneurs as well as by government bodies related to the business activities regulation. In the article, the original tools for assessing the sectoral structure of women's entrepreneurship is proposed.
Highlights
The importance of women's entrepreneurship for economic development is beyond doubt
In Russia, the value of the early entrepreneurial activity of women accounts for 5.7% and it is at the average European level
The highest levels of early entrepreneurial activity among women are found in developing countries such as Senegal, Burkina Faso, Botswana and Cameroon, Ecuador, Belize, Colombia, and Peru;
Summary
The importance of women's entrepreneurship for economic development is beyond doubt. Numerous studies demonstrate a positive influence of women entrepreneurs on the economic growth and development of many countries (Cuberes and Teignier, 2015; Fetsch et al, 2015; Lewis et al, 2014). Countries with a high level of women's entrepreneurial activity are more resistant to financial crises and less susceptible to economic recession Women entrepreneurs face more serious problems both in setting up their own businesses and in the course of their activity as compared with men entrepreneurs. Such problems are not unique to individual countries, they are pronounced both in developing countries and in economically developed countries. The conducted research will provide new information on women's entrepreneurial activity, as well as on the sectors in which it has gained the greatest development The availability of such information is necessary for potential entrepreneurs to make informed decisions about starting a business and choosing its type. Relevant data are needed by government agencies for the formation of plans, programs and forecasts for the development of the business sector
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