Race and entrepreneurial success : Black-, Asian-, and white-owned businesses in the United States (Book, 2008) [WorldCat.org]
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Race and entrepreneurial success : Black-, Asian-, and white-owned businesses in the United States
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Race and entrepreneurial success : Black-, Asian-, and white-owned businesses in the United States

Author: Robert W Fairlie; Alicia M Robb
Publisher: Cambridge, Mass. : MIT Press, ©2008.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"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) data set 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  Read more...
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Details

Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Robert W Fairlie; Alicia M Robb
ISBN: 9780262062817 026206281X
OCLC Number: 191898218
Description: x, 240 pages : illustrations ; 24 cm
Contents: 1. Introduction : Racial patterns in business outcomes : Outline of this book ; Main Findings of the research --
2. Racial disparities in business ownership and outcomes : Racial differences in business ownership ; Recent trends in business ownership ; Racial trends over the twentieth century ; Explanations for racial differences in business ownership ; Trends in the number of minority-owned businesses ; Comparison of SBO/SMOBE and CPS estimates ; Racial patterns and trends in business outcomes ; Racial differences in business outcomes: Evidence from CBO ; Estimates from other business-level data sources ; Differences across Asian and Latino groups ; Conclusions --
3. The determinants of small business success : Education ; Family-business background ; Evidence from the CBO on intergenerational links in business ownership ; Work experience in family businesses ; Business inheritances ; Intergenerational links, Family-business backgrounds, and business success ; Other forms of business human capital ; Identifying the determinants of business outcomes: Regression results ; Educational effects ; The effects of family-business background on outcomes ; Other forms of business human capital ; Profits ; Gender issues ; Examining the sensitivity of results to alternative sample definitions ; Correcting for missing data: Multiple imputation ; Startup capital ; Industry ; Startup capital and industry estimates ; Age of the business ; Conclusions ; Appendixes : Estimating the intergenerational transmission in business ownership. 4. Why are African-American owned businesses less successful? : Racial differences in education ; Family-business background ; Racial differences in family-business experience ; Racial differences in business human capital ; Financial capital : Black/White differences in wealth, family wealth, Lending discrimination, Differential types of financing, Racial differences in startup capital ; Industry differences ; Identifying the causes of Black/White differences in business outcomes ; Differences between male and female business owners ; Contributions from startup capital and industry differences ; Other potential explanations: consumer discrimination ; Networks ; Conclusions ; Appendixes: Nonlinear decomposition method --
5. Why are Asian-owned businesses more successful? : Social capital and ethnic resources ; Human, financial and other types of capital ; Educational differences ; Family-business experience ; Differences in business human capital ; Wealth differences ; Types of financing ; Startup capital ; Industry differences ; Hours worked ; Asian subgroups ; Identifying the causes of Asian/White differences in business outcomes ; Conclusions --
6. Conclusions and implications : Financial capital ; Family-business experience ; Human capital ; Policy implications ; New policy ideas --
Data appendix : The Survey of Business Owners (SBO) and the Survey of Minority-Owned Business Enterprises (SMOBE) ; The Characteristics of Business Owners (CBO) ; The Current Population Survey (CPS) ; Individual- versus business-level data ; Additional data sources for studying minority-owned businesses --
Summary.
Responsibility: Robert W. Fairlie and Alicia M. Robb.
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Abstract:

"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) data set 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."--Jacket.

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