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Advancing Research on Minority Entrepreneurship
Author: Timothy Bates

ISBN: 9781412960267
Format: Paperback
Number Of Pages: 208
Published: 17 August 2007
Country of Publication: US
Dimensions (cm): 22.86 x 15.88 x 1.27
Description:
Although minorities are more likely to engage in start-up businesses than Caucasians, minority entrepreneurs are less likely to get their enterprises off the ground or succeed in growing their businesses. Why do minority-owned businesses have higher failure rates, lower sales, lower profits, and less employment?The papers in this volume of The ANNALS review the three ingredients to creating a successful business:o Skill level and capability of the entrepreneur or the management teamo Access to financial resources and venture capitalo Market accessibility for the products or services provided by the enterpriseExamining each of these vital factors, the authors address the effects of discriminatory barriers faced by minority business enterprises (MBEs) and examine whether the entrepreneurial process is more difficult for minorities than it is for whites. By focusing on the relationship between MBEs and each of these fundamental building blocks of business, this volume of The ANNALS offers explanations as to why it has been more difficult for minorities than for whites to succeed at entrepreneurial enterprises.Despite higher barriers for minorities...

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