Business Insider/CNN/Getty Images Business Insider A lot of women in tech, in the business world, aren’t as entrepreneurial as their male counterparts, according to a new study.
In fact, only 19% of women entrepreneurs are more entrepreneurial than their male peers, according a study by the women-led startup accelerator and accelerator incubator Startup New York.
The study, titled The Next Billion, was conducted by Startup New England, an organization that provides entrepreneurs with mentorship, support, and training.
The group surveyed more than 10,000 women in business, government, and tech companies across the country to determine the highest achievers in the industry.
“The average male entrepreneur is almost twice as likely as the average female entrepreneur to be an investor and to be the primary source of capital, and about one-third as likely to have a degree,” said Startup New Boston CEO and founder Stephanie Caulfield in a statement.
“The average female founder, by contrast, has a bachelor’s degree and no experience at all in business or in technology.”
According to the study, more than a third of the startup founders surveyed said that they would never invest in a company if they weren’t a woman.
This sentiment was more prevalent among entrepreneurs who had previously worked at a company than those who had never worked there.
The report notes that women are disproportionately underrepresented in tech companies, which is a result of the fact that women tend to be more likely to enter the workforce.
Women who have worked in the tech industry are less likely to be employed in positions that require a bachelor of science or higher, and are more likely than their peers to work in low-skilled and lower-paying positions, the study said.
Additionally, women who work in the technology industry are more than three times as likely than the men to have had at least one child.
This, in turn, can impact the chances that their child will have a better chance at a successful career, Startup New Massachusetts CEO and cofounder Erin Caughey said.
Women are also less likely than men to be involved in the management of the business, according the study.
“There is an inherent bias in our society that says women should be left to run things, that we shouldn’t be allowed to lead,” Caugher said.
“It’s important to have the conversation about how we can encourage the more successful women and the more passionate women to be leaders, and the less successful women.”
The survey found that women who had worked in venture capital and private equity were more likely, on average, to be female than women who were entrepreneurs, compared to men who had had the same level of experience.
“In terms of the percentage of women who have gone into venture capital, that number is much higher, because venture capital is a very male-dominated industry,” Caulfields co-founder and CEO Stephanie Caughers said in a blog post.
“Women are much more likely still to be in that field than men are.
It is a different world than it was 10 years ago.”
More than half of the women who graduated from business school were female, and more than two-thirds of women with a college degree were entrepreneurs.
This is due to the fact the industry is more male-friendly, according Caughels co-founders.
In addition, women in startup work are more willing to take risks, the survey said.
More than a quarter of the founders surveyed had worked for a company before, compared with less than half who had not.
The study found that nearly one-quarter of founders said that venture capitalists made them want to take more risks, while another 18% said they felt like venture capitalists were making them want less.
Another trend the survey found is that women and people of color are less willing to start companies.
“That is not necessarily a bad thing, it is something we need to do better in our community,” Cauchemey said.
While the survey does not directly answer why women are underrepresented, Cauches and Caughes said that women need to work harder to be considered for leadership roles and that women should focus more on mentorship and other programs.
“We are going to be better at recruiting and retaining women, but we need more,” Coughher said in an interview with Business Insider.
“We need to be looking at the diversity of our workforce, not just how we have it represented.”