Ethnic Entrepreneurs examines how diverse groups, including indigenous communities in Latin America and Latino communities in the United States, have become visible and valuable as agents of economic development in Latin America in recent years.
With a focus on a diverse group of Latino entrepreneurs in the Houston area, Valdez explores how class, gender, race, and ethnicity shape Latino entrepreneurs' capacity to succeed in business in the United States.
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.
In this wide-ranging study Stephen Foster explores Puritanism in England and America from its roots in the Elizabethan era to the end of the seventeenth century. Focusing on Puritanism as a cultural and political phenomenon as well as a religious movement, Foster addresses parallel developments on both sides of the Atlantic and firmly embeds New England Puritanism within its English context. He provides not only an elaborate critque of current interpretations of Puritan ideology but also an original and insightful portrayal of its dynamism. According to Foster, Puritanism represented a loose and incomplete alliance of progressive Protestants, lay and clerical, aristocratic and humble, who never decided whether they were the vanguard or the remnant. Indeed, in Foster's analysis, changes in New England Puritanism after the first decades of settlement did not indicate secularization and decline but instead were part of a pattern of change, conflict, and accomodation that had begun in England. He views the Puritans' own claims of declension as partisan propositions in an internal controversy as old as the Puritan movement itself. The result of these stresses and adaptations, he argues, was continued vitality in American Puritanism during the second half of the seventeenth century. Foster draws insights from a broad range of souces in England and America, including sermons, diaries, spiritual autobiographies, and colony, town, and court records. Moreover, his presentation of the history of the English and American Puritan movements in tandem brings out the fatal flaws of the former as well as the modest but essential strengths of the latter.
Since its publication in 1991, Entrepreneurship and Self-Help among Black Americans has become a classic work, influencing the study of entrepreneurship and, more importantly, revitalizing a research tradition that places new ventures at the very center of success for black Americans. This revised edition updates and enhances the work by bringing it into the twenty-first century. John Sibley Butler traces the development of black enterprises and other community organizations among black Americans from before the Civil War to the present. He compares these efforts to other strong traditions of self-help among groups such as Japanese Americans, Jewish Americans, Greek Americans, and exciting new research on the Amish and the Pakistani. He also explores how higher education is already a valued tradition among black self-help groups—such that today their offspring are more likely to be third and fourth generation college graduates. Butler effectively challenges the myth that nothing can be done to salvage America's underclass without a massive infusion of public dollars, and offers a fresh perspective on those community based organizations and individuals who act to solve local social and economic problems.
The authors have assembled a vast body of census data to address cutting-edge issues in entrepreneurship, immigration, urban studies, economic sociology, and social policy. In a novel research formulation, they compare the 272 largest metropolitan regions of the United States in respect to the entrepreneurship of various ethno-racial groups. Such a method permits them to vary the local economic environment and resource profiles of all major categories. Virtually all previously available data on these issues relied upon averages and overlooked inter-local variation within and among groups. Interpreting the voluminous data, which summarize the economic behavior of 100 million people, Ivan Light and Carolyn Rosenstein first explain resources theory (a supply-side formulation), providing a complete review of the large theoretical literature on immigrant and ethnic entrepreneurship. They then address the other major theoretical concerns in the existing literature of social science, among them the interactionist theory of entrepreneurship and the possible effect of disadvantage upon entrepreneurship. The latter issue, an important and long-standing one, receives careful and decisive examination that eventuates in a theoretically elegant solution. A final chapter discusses social policy. The authors contrast liberal and conservative assumptions about entrepreneurship, faulting both. Locating entrepreneurship outside the usual framework of manpower policy, the authors make a case for a supply-side policy science of entrepreneurship that is neutral in political implication. Light and Rosenstein then suggest how policy might proceed to integrate two generations of social science research. Their closing discussion relates policy implications to the economic development of inner cities in America.
Intersectionality and Ethnic Entrepreneurship brings together a group of eminent and up-and-coming young scholars who apply an intersectional perspective to the study of ethnic entrepreneurship. Against the traditional approach’s emphasis on ethnicity and its primacy, which tends to conflate ethnicity with other social groupings (i.e., social class), considers their effect as an additive or secondary consequence only (i.e., gender), or ignores their influence altogether (i.e., race), the studies in this volume recognize that multiple dimensions of identity intermix to condition entrepreneurial outcomes. Starting with the premise that systems of oppression and privilege, specifically capitalism, patriarchy, and white supremacy, are endemic to the American social structure, the works in this volume recognize that these interlocking systems of inequality condition the life chances of entrepreneurs from diverse social locations differently, even among members of the same ethnic group. This book was originally published as a special issue of Ethnic and Racial Studies.
The number of immigrants in the US science, technology, engineering, and mathematics (STEM) workforce and among recipients of advanced STEM degrees at US universities has increased in recent decades. In light of the current public debate about immigration, there is a need for evidence on the economic impacts of immigrants on the STEM workforce and on innovation. Using new data and state-of-the-art empirical methods, this volume examines various aspects of the relationships between immigration, innovation, and entrepreneurship, including the effects of changes in the number of immigrants and their skill composition on the rate of innovation; the relationship between high-skilled immigration and entrepreneurship; and the differences between immigrant and native entrepreneurs. It presents new evidence on the postgraduation migration patterns of STEM doctoral recipients, in particular the likelihood these graduates will return to their home country. This volume also examines the role of the US higher education system and of US visa policy in attracting foreign students for graduate study and retaining them after graduation.
Many nations invite foreigners to work within their borders, but few welcome them. Those countries that do receive a torrent of immigrants create pressures that analysts expect to intensify as population growth and social unrest mount in the less developed countries of the world. Immigration and Entrepreneurship, now in paperback, offers a comparative analysis of worldwide immigration issues while focusing more specifically on the emerging influence of entrepreneurship as a potent factor in the economic and social integration of immigrants.In linking the common immigrant and settler experiences with the upsurge in self-employment, the contributors to this volume use California as their base of comparison. The state has both a huge and varied immigrant population and an entrepreneurial economy that has facilitated the formation of immigrant-owned firms. The Los Angeles riots of the nineties indicated the volatility of the mix. Aided by ethnic and familial networks, such firms have served as a route of economic advancement.Immigration and Entrepreneurship offers a comparative perspective unique in the literature of immigration by broaching the topic from both global and local perspectives. Whereas most studies examine the experience of a single group or groups in a particular destination economy, this volume emphasizes variations in the way different nations receive immigrants as causes of differences in immigrant behavior. Among the innovative themes discussed by a range of international scholars are the entrepreneurial efforts and tensions in the garment industry in Los Angeles, Paris, and Berlin; Koreans' enterprise and identities in Los Angeles and Japan; and U.S. immigration policies. The result is a genuinely global methodology.