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The Wave August, 2004 eNewsletter Volume 2, Number 8

Road from Istanbul
The Importance of Research

Speakers at the OECD “Accelerating Women’s Entrepreneurship” best practices forum in Istanbul from June 5-7, 2004, identified research as imperative for effective women entrepreneurial (WE) policymaking. The topic was addressed in both a plenary and workshop.

Plenary Session

Marie-Florence Estimé, head of the OECD Small and Medium Enterprise (SME) Unit, briefly presented multi-country WE research commissioned by the OECD and undertaken by professors Frédéric Delmar and Carin Holmquist of the Stockholm School of Economics. It drew on recent WE research conducted by leading academics in a number of countries. See: www.oecdistanbul.sme2004.org/ documents/02+Womens+ Entrepreneurship.pdf

Multiple speakers emphasized the need for evidence-based WE policymaking and program development.

Dina Ionescu, until recently with the OECD LEED Program, described a LEED methodology that encourages decision makers to introduce WE initiatives in their local, municipal, national and regional policymaking and program development.

This is done in two ways:

  • By studying what is available locally in terms of women’s entrepreneurship, and identifying both the potential, as well as obstacles that can hinder the growth of WE businesses, and
  • By facilitating collaboration among local authorities, LEED, and international experts in order to develop a road map with recommendations on how to develop the full potential of women’s entrepreneurship in the region.

  • Lois Stevenson presenting an important 10-country study that indicated that countries with the highest intensity of support for women’s entrepreneurship had the highest levels of female self-employment.


    Lois Stevenson of Canada, former President of the International Council of Small Business (ICSB), presented “Multi-Country Research on Policies and Programs regarding Women Entrepreneurs.” The study, started in 2002, looked at levels of support for women’s entrepreneurship in 10 countries.

    Countries were classified based on their degree of support:

  • High level—Canada and the US
  • Medium level—Finland, Spain, Sweden, and Taiwan/Chinese Taipei
  • Low level—Australia, Ireland, Netherlands and the UK (the UK has evolved rapidly in the last two years, however)
  • No support
  • The study found that gender differences exist, and affect the development of women-owned firms. Constraints faced by WEs include family responsibilities, deficiencies in financial and social capital, and the relative lack of access to resources.

    Countries with the highest intensity of support had the highest levels of female self-employment. The US and Canada had policies and programs such as:

  • A Presidential Task Force on WEs in the US in 1979, and a Canadian Prime Minister’s Task Force in 2002-2003,
  • Sex-segregated self-employment data; regular reporting on the state of women’s business ownership; and extensive academic research,
  • Strong advocacy efforts, both by government and NGOs,
  • An Office of Women’s Business Ownership (US Small Business Administration),
  • Numerous women’s business associations,
  • National networks of women’s business centers that provide training and advice,
  • Dedicated microloan programs, bank loans, and venture capital funds for WEs,
  • Online women’s business resource centers,
  • National and regional awards programs for WEs,
  • Regular promotion of WE role models,
  • International trade missions for women-led firms, and
  • Government procurement initiatives for womenled firms (US).


  • Julie R. Weeks, Chair of the Research Workshop

    About Tsunami

    Project Tsunami, Incorporated (www.projecttsunami.org), is a non-profit corporation based in the United States that is a global accelerator for women’s entrepreneurship. It was designed to help create a tidal wave of economic opportunities in the US and abroad, by identifying and connecting key women entrepreneurial leaders, facilitating the sharing of best practices across countries, and helping to link effective programs with resources. It uses 21st Century technology to make a clearinghouse of resources and best practices available to its powerful global network of leaders and multipliers, who then disseminate this information widely to their members and stakeholders. The organization began its work with a major seed grant from the Kauffman Foundation, which funds innovative programs that foster entrepreneurship. IBM is a Diamond Sponsor.

    Tsunami is an outgrowth of two major international conferences on women-owned small and medium enterprises put on by the Organization for Economic Cooperation and Development (OECD) in Paris in 1997 and 2000, for which Tsunami’s CEO Virginia Littlejohn served as Senior Advisor. Project Tsunami influences research, policies, programs and practices that expand the WE sector by concentrating on 6 core strategies:
    1) WE research, data and statistics;
    2) Entrepreneurial education and training;
    3) Access to finance;
    4) Access to networks and to corporate, government and international markets;
    5) Technology as an entrepreneurial enabler; and
    6) Constituency building and advocacy.

    We are also analyzing how these areas impact growth-oriented women entrepreneurs.


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