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Author: Robert W. Fairlie
Publisher: MIT Press
ISBN: 0262260670
Category : Business & Economics
Languages : en
Pages : 253
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Book Description
A comprehensive analysis of racial disparities and the determinants of entrepreneurial performance—in particular, why Asian-owned businesses on average perform relatively well and why black-owned businesses typically do not. Thirteen million people in the United States—roughly one in ten workers—own a business. And yet rates of business ownership among African Americans are much lower and have been so throughout the twentieth century. In addition, and perhaps more importantly, businesses owned by African Americans tend to have lower sales, fewer employees and smaller payrolls, lower profits, and higher closure rates. In contrast, Asian American-owned businesses tend to be more successful. In Race and Entrepreneurial Success, minority entrepreneurship authorities Robert Fairlie and Alicia Robb examine racial disparities in business performance. Drawing on the rarely used, restricted-access Characteristics of Business Owners (CBO) dataset compiled by the U.S. Census Bureau, Fairlie and Robb examine in particular why Asian-owned firms perform well in comparison to white-owned businesses and black-owned firms typically do not. They also explore the broader question of why some entrepreneurs are successful and others are not. After providing new comprehensive estimates of recent trends in minority business ownership and performance, the authors examine the importance of human capital, financial capital, and family business background in successful business ownership. They find that a high level of startup capital is the most important factor contributing to the success of Asian-owned businesses, and that the lack of startup money for black businesses (attributable to the fact that nearly half of all black families have less than $6,000 in total wealth) contributes to their relative lack of success. In addition, higher education levels among Asian business owners explain much of their success relative to both white- and African American-owned businesses. Finally, Fairlie and Robb find that black entrepreneurs have fewer opportunities than white entrepreneurs to acquire valuable pre-business work experience through working in family businesses.
Author: Robert W. Fairlie
Publisher: MIT Press
ISBN: 0262260670
Category : Business & Economics
Languages : en
Pages : 253
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Book Description
A comprehensive analysis of racial disparities and the determinants of entrepreneurial performance—in particular, why Asian-owned businesses on average perform relatively well and why black-owned businesses typically do not. Thirteen million people in the United States—roughly one in ten workers—own a business. And yet rates of business ownership among African Americans are much lower and have been so throughout the twentieth century. In addition, and perhaps more importantly, businesses owned by African Americans tend to have lower sales, fewer employees and smaller payrolls, lower profits, and higher closure rates. In contrast, Asian American-owned businesses tend to be more successful. In Race and Entrepreneurial Success, minority entrepreneurship authorities Robert Fairlie and Alicia Robb examine racial disparities in business performance. Drawing on the rarely used, restricted-access Characteristics of Business Owners (CBO) dataset compiled by the U.S. Census Bureau, Fairlie and Robb examine in particular why Asian-owned firms perform well in comparison to white-owned businesses and black-owned firms typically do not. They also explore the broader question of why some entrepreneurs are successful and others are not. After providing new comprehensive estimates of recent trends in minority business ownership and performance, the authors examine the importance of human capital, financial capital, and family business background in successful business ownership. They find that a high level of startup capital is the most important factor contributing to the success of Asian-owned businesses, and that the lack of startup money for black businesses (attributable to the fact that nearly half of all black families have less than $6,000 in total wealth) contributes to their relative lack of success. In addition, higher education levels among Asian business owners explain much of their success relative to both white- and African American-owned businesses. Finally, Fairlie and Robb find that black entrepreneurs have fewer opportunities than white entrepreneurs to acquire valuable pre-business work experience through working in family businesses.
Author: Léo-Paul Dana
Publisher: Springer Nature
ISBN: 3030970795
Category : Business & Economics
Languages : en
Pages : 240
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Book Description
This book features contributions by international scholars who have worked to establish a theory- and empirics-based discussion on disadvantaged minorities and long-term economic development. Depending on their socio-demographic characteristics, minorities have long lived under the shadow of the groups, categories, or communities they presumably belong to. Despite the obstacles they have to face, they manage to demonstrate that, above all, they are entrepreneurs capable to start, run, and successfully complete their venture. Their motivations are often assimilated by the research community into “necessity entrepreneurship.” In addition to the external barriers they face, they have to overcome endogenous cognitive factors that hinder their entrepreneurial intention: anxiety before the future, the anguish of death, generativity, health condition as perceived by others, subjective age, and the cultural gap as viewed by natives, among others. The book integrates a diversity of challenges and disadvantages faced by entrepreneurs, allowing the reader to have a renewed understanding of entrepreneurial behavior. On the theoretical level, the chapters emphasize the need for integrating entrepreneurship theory with multidisciplinary approaches, such as the Theory of Cumulative Disadvantage/Advantage (CDA), cultural and geographical theories, and psychological theories. On the practical level, this book would raise the awareness of policy makers, mainly governmental and nongovernmental organizations concerning the disadvantages, and helping them adjust their actions either for local or international programs. Chapter "Intersectionality and Minority Entrepreneurship: At the Crossroad of Vulnerability and Power" is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309172489
Category : Social Science
Languages : en
Pages : 523
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Book Description
The 20th Century has been marked by enormous change in terms of how we define race. In large part, we have thrown out the antiquated notions of the 1800s, giving way to a more realistic, sociocultural view of the world. The United States is, perhaps more than any other industrialized country, distinguished by the size and diversity of its racial and ethnic minority populations. Current trends promise that these features will endure. Fifty years from now, there will most likely be no single majority group in the United States. How will we fare as a nation when race-based issues such as immigration, job opportunities, and affirmative action are already so contentious today? In America Becoming, leading scholars and commentators explore past and current trends among African Americans, Hispanics, Asian Americans, and Native Americans in the context of a white majority. This volume presents the most up-to-date findings and analysis on racial and social dynamics, with recommendations for ongoing research. It examines compelling issues in the field of race relations, including: Race and ethnicity in criminal justice. Demographic and social trends for Hispanics, Asian Americans, and Native Americans. Trends in minority-owned businesses. Wealth, welfare, and racial stratification. Residential segregation and the meaning of "neighborhood." Disparities in educational test scores among races and ethnicities. Health and development for minority children, adolescents, and adults. Race and ethnicity in the labor market, including the role of minorities in America's military. Immigration and the dynamics of race and ethnicity. The changing meaning of race. Changing racial attitudes. This collection of papers, compiled and edited by distinguished leaders in the behavioral and social sciences, represents the most current literature in the field. Volume 1 covers demographic trends, immigration, racial attitudes, and the geography of opportunity. Volume 2 deals with the criminal justice system, the labor market, welfare, and health trends, Both books will be of great interest to educators, scholars, researchers, students, social scientists, and policymakers.
Author: Timothy Bates
Publisher: Now Publishers
ISBN: 9781601984906
Category : Business & Economics
Languages : en
Pages : 164
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Book Description
Minority Entrepreneurship reviews the economic and sociological literature on the topic of minority entrepreneurship. While economists and sociologists have written most of the influential studies, these groups typically ask different questions and base their analysis on different assumptions. The literature predictably lacks a single unifying focus and is quite diverse regarding issues explored and methodological approaches employed. Differing approaches and their outcomes are summarized and critically probed in this monograph with the intent to illuminate strengths and weaknesses -- along with patterns of common findings -- in this voluminous literature. Minority-owned businesses are collectively reflections of evolving constraints and opportunities operating in broader society. Minorities seeking to create viable business ventures have traditionally faced higher barriers than whites as they sought to exploit market opportunities, raise financing, and penetrate mainstream networks. Entrepreneurial dynamics are clarified by focusing upon specific contexts in which firms are being shaped by prevailing opportunity structures. Progress has been noteworthy overall for minority-owned businesses, in part because barriers impeding their collective development have been gradually declining. Minority Entrepreneurship shows that the dominant methodological approaches and findings of economists and sociologists in the minority entrepreneurship literature are highly complementary. Sociologists have posed bolder questions while economists have paid more attention to pinning down cause-and-effect relationships, yet their findings have been gradually moving towards convergence over the past two decades. This monograph posits that it is possible and desirable that these respective bodies of work may someday merge, creating a minority entrepreneurship scholarly synthesis.
Author: Thomas M. Cooney
Publisher: Springer Nature
ISBN: 3030666034
Category : Business & Economics
Languages : en
Pages : 591
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Book Description
Bringing much needed clarity and definition to the term 'minority entrepreneur,' this authoritative and timely handbook explores the distinctive challenges that minority communities face when founding and managing new ventures. The handbook is inclusive of any community who might be considered disadvantaged or under-represented in terms of entrepreneurial activity and included are women, youths, seniors, disabled, immigrants, Indigenous peoples, LBGTQ+, ex-offenders, Roma, refugees and many others. Chapters highlight the idiosyncratic nature of the many communities examined before offering frameworks and models that draw together the various findings. With a cast of international contributors, this scholarly handbook discusses the surrounding literature of minority entrepreneurship and takes an all-encompassing approach to its interpretation. It also addresses the sorely under-researched area of entrepreneurial behaviour among minorities and disadvantaged groups. This is particularly important for policymakers tasked with designing and delivering initiatives that are appropriate for the needs of these communities. Ultimately this handbook contributes to existing knowledge by: • providing a current understanding of the literature for each of the communities; • investigating the uniqueness of the entrepreneurial behaviour within the communities; • offering new frameworks/models from which future researchers can build new knowledge. The handbook provides a comprehensive account of an important and fast emerging field of entrepreneurship, and is an invaluable resource for students, researchers and policymakers.
Author: J. Rath
Publisher: Springer
ISBN: 1403905339
Category : Social Science
Languages : en
Pages : 247
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Book Description
In the past few years, a considerable number of immigrants have established their own businesses. In doing so, they have contributed in many ways to the economic development of American and European metropolitan areas. Some businesses have been incorporated into the mainstream, while others have stayed on the economic fringes and got engaged in the informal economy. The starting point of this book is that a proper understanding of these businesses is served by focusing on the embeddedness of immigrant businesses in their economic, politico-institutional and social environments from a multi-disciplinary perspective rather than confining the attention to ethnic-cultural or economic sociological aspects only.
Author: United States. Congress. House. Committee on Small Business. Subcommittee on Procurement, Innovation, and Minority Enterprise Development
Publisher:
ISBN:
Category : Federal aid to minority business enterprises
Languages : en
Pages : 464
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Book Description
Author: Paul M. Ong
Publisher: Temple University Press
ISBN: 9781592134113
Category : Business & Economics
Languages : en
Pages : 328
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Book Description
A new agenda for revitalizing minority neighborhoods.
Author: Lawrence J. Gitman
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 1455
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Book Description
Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.
Author: United States. Congress. House. Committee on Small Business. Subcommittee on SBA Oversight and Minority Enterprise
Publisher:
ISBN:
Category : Minority business enterprises
Languages : en
Pages : 268
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Book Description
