Authors: Ying Lowrey
Addresses: The GW Center for the Study of Globalisation, George Washington University, 2033 K Street, NW, Suite 230, 20052, Washington DC, USA
Abstract: This paper provides statistics to illustrate the minority entrepreneurship in the USA from various perspectives and data sources. While many successful stories have been told, most of minority entrepreneurs are still wrestling in the business-economic obscurity in the USA. Studies have shown a positive relationship between business ownership and economic well-being of US people. Also, statistics have consistently shown that there is a disadvantaged group along racial, ethnic and social-economic class lines. The poor groups usually have lower business ownership. Therefore, continuously fostering minority entrepreneurship and encouraging minority business ownership should be considered as one of most effective economic policies.
Keywords: minority entrepreneurs; entrepreneurship; USA; United States; self-employment; economic well-being; minority business; racial groups; ethnic groups; social-economic class; globalisation.
International Journal of Business and Globalisation, 2007 Vol.1 No.2, pp.176 - 221
Published online: 08 Jul 2007 *Full-text access for editors Access for subscribers Purchase this article Comment on this article