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Race and Entrepreneurial Success
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.
eBook
The Illusions of Entrepreneurship
There are far more entrepreneurs than most people realize. But the failure rate of new businesses is disappointingly high, and the economic impact of most of them disappointingly low, suggesting that enthusiastic would-be entrepreneurs and their investors all too often operate under a false set of assumptions.
This book shows that the reality of entrepreneurship is decidedly different from the myths that have come to surround it. Scott Shane, a leading expert in entrepreneurial activity in the United States and other countries, draws on the data from extensive research to provide accurate, useful information about who becomes an entrepreneur and why, how businesses are started, which factors lead to success, and which predict a likely failure.
The Illusions of Entrepreneurshipis an essential resource for everyone who has dreamed of starting a new business, for investors in start-ups, for policy makers attempting to facilitate the formation and survival of new businesses, and for researchers interested in the economic impact of entrepreneurial activity. Scott Shane offers research-based answers to these questions and many others:
· Why do people start businesses?
· What industries are popular for start-ups?
· How many jobs do new businesses create?
· How do entrepreneurs finance their start-ups?
· What makes some locations and some countries more entrepreneurial than others?
· What are the characteristics of the typical entrepreneur?
· How well does the typical start-up perform?
· What strategies contribute to the survival and profitability of new businesses over time?
eBook
The Leader Upheaval Handbook
One of the barriers to innovation in professional services is a lack of training in how to apply design thinking principles and lead multidisciplinary teams in collaborative problem solving. With this handbook, which accompanies her other books Leader Upheaval and Legal Upheaval, Professor Michele DeStefano attempts to fill in this training gap. DeStefano - a former marketing executive and now a professor at the University of Miami School of Law and Affiliated Faculty and Program Chair in Harvard Law School's Executive Education program - has spent over a decade researching client-centricity, collaboration, and innovation. This handbook, and the method it is based on, are the fruit of DeStefano's 13 years of experience leading over more than 230 multidisciplinary, multicultural, and intergenerational teams on a 4-month innovation journey from a problem to a viable solution. In a conversational and descriptive fashion, DeStefano provides detailed instructions on how to get teams to proactively collaborate and innovate with a process she developed over the years. The 3-4-5 Method™ helps teams move from problem to innovative solution in 3 Phases, over 4 months or less, in 5 Steps. With real examples, this handbook brings to life how to help teams collaborate on solving problems or seizing opportunities of any kind and yield a higher level of collaboration, inclusivity, creative thinking, and actionable results.
eBook
Conscience, Leadership and the Problem of ‘Dirty Hands’
This volume contains a selection of papers from the 21st annual 'Australian Association for Professional and Applied Ethics' Conference. It addresses the key theme of Political Leadership, Professional Ethics, and the Problem of Dirty Hands. 'Dirty hands' is a somewhat nebulous concept. It may refer to professions whose objectives are so consequential that some ethical violations are considered justifiable. In another sense it might suggest situations where professional obligations might require the performance of deeds that contradict one's own moral beliefs. The term is perhaps most synonymous with political leadership and raises the question: Should leaders ever get their hands dirty? For applied ethicists, recognizing that sometimes there are compelling arguments in favor of certain moral violations is a professional necessity. This volume contains papers on a broad range of issues including discussions of medical ethics, military ethics, domestic political matters, and the very nature of 'professions' themselves. It will be of interest to those interested in politics, as well as those involved in research or training in ethics and professional practice.
eBook
Erfolg in der Chinesisch-Deutschen Wirtschaftskommunikation
Enuo Wang verfolgt die neuesten Entwicklungen in der chinesisch-deutschen Geschäftskommunikation und bietet uns in ihrem vorliegenden Buch eine interaktive Perspektive auf diesen wichtigen und noch immer von vielen Missverständnissen geprägten Bereich interkultureller Kommunikation.
eBook