The contribution of women entrepreneurs is still invisible and needs to be properly investigated. The purpose of this paper is to investigate this relationship by measuring women entrepreneurship and economic development at global level.,Secondary data has been retrieved from Female Entrepreneurship Index Report 2015, Human Development Report 2015 and KOF Index of Globalization 2015. Cross-sectional data is used from 69 countries of the world. Multiple regression is applied to estimate the data.,The results explained the significant impact of women entrepreneurship on the economies of the world. It was observed that women participation in entrepreneurial activities not only supports to their family income but also plays a significant role in economic development and social well-being of the society.,There is no information about total output of women entrepreneurs in terms of new enterprises setups and established businesses of women except for year 2015. So, to measure the real contribution of women entrepreneurs around the globe is still a challenge.,It is reality that when women would be empowered as entrepreneurs then whole society gets benefits from it, as women entrepreneurs are beneficial for not only economic development but also social development of society.,This study uniquely addresses the contribution of women entrepreneurs in the world economy which is still an unseen but a powerful benefactor of development.

中文翻译：

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女企业家在经济发展中的全球作用

女企业家的贡献仍然是无形的，需要进行适当的调查。本文的目的是通过在全球范围内衡量妇女的创业能力和经济发展来研究这种关系。二级数据取自《 2015年女性创业指数报告》，《 2015年人类发展报告》和《 KOF全球化指数》。来自世界69个国家/地区。应用多元回归来估计数据。结果说明了女性企业家精神对世界经济的重大影响。据指出，妇女参加创业活动不仅支持她们的家庭收入，而且在经济发展和社会福祉中发挥着重要作用。