The competition in a global economy depends on the ability to innovate. With technology becoming increasingly significant, more people lean toward job placements in high-tech companies. However, today the economy, not only in America, but also in other countries, is shutting out many valuable employees who could contribute new ideas.
These employees mainly occupy the category of women. Although some women are placed in high-tech job companies, many women are represented poorly in high-tech industries and companies at the executive level.
According to PBS, “Silicon Valley entrepreneur Vivek Wadhwa discovers that the famed “meritocracy” of Silicon Valley is a myth and that women are systematically discriminated against there, despite the fact that they’re more productive, on average, than their male counterparts. He has a plan to change the Valley.”
Silicon Valley, in the southern region of the San Francisco Bay area, should have rare occurrences of outright sexism in the tech world; however, for women the narrative unfolds quite differently.
According to the Silicon Valley Watcher, “Silicon Valley is running hard to maintain its position as the global innovation engine, against competition with dozens of fast growing innovation centers around the world.”
However, this gender inequality and sexism does not simply exist in Silicon Valley, but also across the United States. According the U.S. Department of Labor, one out of 10 employed engineers was a woman, while two of 10 employed engineering technologists and technicians were women.
Why is it that this unfairness for women in high-tech industries exists in such an industrialized and modern time? Perhaps the thought process behind such companies in Silicon Valley and other places has to do with the fact that most women are to become mothers and wives sometime in their life. Women are often hampered with traditional, feminine roles.
Not only motherhood and family responsibilities factor in, but also the fact that research portrays gender exerts a powerful influence on where the money goes. For example, a research conducted by Kauffman Foundation concludes that venture capital firms with senior female investors are more likely to attract and close deals with women-led companies and start-ups.
“Seventy percent of women venture capitalists were in partnerships that had closed deals with women-led companies,” according to a Kauffman Foundation study.
The thought that women have other responsibilities separate from work and that working with people of their own sex is more favorable, may be some of the reasons as to why women are poorly represented in high-tech industries at the executive level. However, is that a reasonable excuse?
In addition, if companies continue to exclude women from high-tech jobs at the executive level, then the world’s ability to create and innovate will suffer, including the economy.
The resolution for this issue of women suffering in high-tech jobs rests with the actions of women in our society. The ability to speak out and take action can provide great solutions and paths to the future of working women.