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Minority entrepreneurs: more likely to try, but less likely to succeed?
This research brief investigates the disparities in entrepreneurial success between Black and White entrepreneurs in the U.S. Using data from the 2002 Global Entrepreneurship Monitor (GEM), Köllinger and Minniti (2006) reveal a paradoxical trend: Minority entrepreneurs exhibit higher start-up rates but significantly lower survival rates compared to their White counterparts. While perceptual differences (e.g., greater optimism and lower fear of failure among Black entrepreneurs) explain the higher initiation rates, socioeconomic factors and systemic barriers—such as limited access to financing and customer bias—account for their disproportionate dropout at later stages. The study highlights the inadequacy of individual-level explanations, pointing to structural inequities that require targeted policy interventions. These findings underscore the urgent need for programs addressing financial inclusion and mentorship to bridge the racial gap in entrepreneurial outcomes...Printed Journal
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| AMP2101 | PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | Briarcliff Manor, NY: Academy of Management 2007 |
|---|---|
| Edisi | Vol. 21, No. 1, Feb., 2007 |
| Subjek | Socioeconomic factors minority entrepreneurs entrepreneurial success policy interventions Global Entrepreneurship Monitor (GEM) |
| ISBN/ISSN | 15589080 |
| Klasifikasi | NONE |
| Deskripsi Fisik | 2 p. |
| Info Detail Spesifik | Academy of Management Perspectives |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas |