scholarly journals Entrepreneurial Mindset and the Success of Minority Entrepreneurs in Arkansas

2020 ◽  
Vol 20 (4) ◽  
Author(s):  
Ronald L Pegram ◽  
Camelia L Clarke ◽  
James W Peltier ◽  
K Praveen Parboteeah

Although effective resource integration is a critical requisite for entrepreneurial success, the literature suggests there are crucial gaps for minority entrepreneurs. We examine how interracial distrust (ID), an indicator of the extent to which minority entrepreneurs distrust other races, is related to internal and social capital. We examine the relationships of such capitals on the willingness to borrow from banks and friends, and explore the link with firm performance. Using a sample of 276 primarily African American entrepreneurs, we find support for most of our hypotheses. We find that ID is negatively associated with external social capital and a willingness to borrow from banks. Surprisingly, we found that ID had a negative effect on internal social capital and a willingness to borrow from friends. We also found that internal and external social capital was positively related to firm performance. We discuss the implications of some of these surprising research findings as well as the policy implications.


2007 ◽  
Vol 28 (1) ◽  
pp. 49-69 ◽  
Author(s):  
Caroline Essers ◽  
Yvonne Benschop

This paper explores the complex processes of identity construction of female ethnic minority entrepreneurs. Informed by discursive approaches to identity, we make an intersectional analysis of five life stories of female entrepreneurs of Moroccan or Turkish origin in the Netherlands. Being female, Turkish or Moroccan, and entrepreneur at the same time requires various strategies to negotiate identities with different constituencies. These strategies of identity work vary in the degree of conformity: one type is to mainly adhere to conventional images of femininity, a second one is to denounce femininity and/or ethnicity situationally, and the third is to resist the masculine connotation of entrepreneurship by disconnecting it from masculinity. Our focus on this hitherto neglected group of entrepreneurs makes for a situated contribution to the deconstruction of the entrepreneurial archetype of the white male hero. It furthers the understanding of the micropolitics of identity construction in the workplace in relation to the social categories of gender, ethnicity and entrepreneurship.


2008 ◽  
Vol 13 (03) ◽  
pp. 293-314 ◽  
Author(s):  
MELISSA S. CARDON ◽  
RACHEL S. SHINNAR ◽  
MICKI EISENMAN ◽  
EDWARD G. ROGOFF

This paper contributes to our understanding of minority entrepreneurs in the US by showing that ethnicity alone should not be used to describe or categorize small business owners. We examine a sample of 508 entrepreneurs from three minority groups (African, Mexican, and Korean Americans) and a white group using cluster analysis to explore a categorization pattern that best describes the differences among these entrepreneurs. Our findings suggest that minority entrepreneurs are in fact a very heterogeneous group on a multitude of dimensions such as motivations for entry, satisfaction with the business, nature of problems experienced, and demographics of the business such as its size and gross income. Based on our findings, we recommend that educational and support programs targeting minority entrepreneurs should consider other variables rather than focusing on ethnicity alone.


2012 ◽  
Vol 17 (03) ◽  
pp. 1250014 ◽  
Author(s):  
ROWENA ORTIZ-WALTERS ◽  
MARK GIUS

We sought to ascertain whether newly-formed micro firms owned by minority entrepreneurs would be as likely to be profitable or not when compared to non-minority business owners. Additionally, we placed special emphasis on the impact of equity and debt to determine if capital financing influences firm profitability the same or differently for minority as compared to non-minority owned micro firms. Using longitudinal data from the Kauffman Firm Survey, micro firms owned by Hispanic and Black entrepreneurs were less likely to be profitable than non-minority owned micro firms, whereas profitability differences were not found between the latter and Asian-owned micro firms. Moreover, Hispanic and Black-owned micro firms that made use of personal debt were more likely to be profitable than those using only equity to finance operations. Asian-owned micro firms that utilized business debt were more likely to earn a profit than those solely using equity. Alternatively, non-minority owners benefited in terms of profitability from the use of both personal and business debt. Implications of these findings for minority entrepreneurship are discussed.


2016 ◽  
Vol 19 (3) ◽  
pp. 310-338 ◽  
Author(s):  
Muhammad Naveed Anwar ◽  
Elizabeth Daniel

Purpose The purpose of this paper is to explore the marketing of online businesses operated by ethnic minority entrepreneurs. The authors apply an entrepreneurial marketing lens to explore how such entrepreneurs draw on the resources to market their businesses. They also consider whether online businesses offer such entrepreneurs the opportunity to break out of the highly competitive sectors with which they are traditionally associated. Design/methodology/approach Key informant interviews are undertaken with 22 entrepreneurs operating online businesses in the UK and augmented by complementary sources of data such as their websites and press coverage. Findings Use of an entrepreneurial marketing perspective demonstrates that marketing in such businesses is not haphazard or chaotic. Rather it reflects the emergent and flexible use of resources. The affordances of online businesses appear to offer opportunities for break out, but the reliance on incremental experimentation and copying others results in highly homogeneous approaches to marketing. The authors also provide empirical evidence of the link between visa status and entrepreneurial choices. Originality/value Despite the popularity of online businesses, previous studies have not explored them as an opportunity for ethnic minority entrepreneurs. This study moves the consideration of break out from market-entry to the ongoing marketing activities that sustain a business. It also demonstrates how the domains of ethnic minority entrepreneurship and entrepreneurial marketing can be brought together via a focus on resources. Finally, it enriches entrepreneurial marketing by evidencing connections with notions of effectuation and entrepreneur-venture fit.


Author(s):  
Deirdre Tedmanson ◽  
Caroline Essers

This chapter extends on existing critical entrepreneurship contributions to illustrate and analyse how diversity entrepreneurship stemming from diverse contexts can enhance understandings of entrepreneurship as a socially and culturally constructed phenomenon. The chapter first explores the perspectives of Indigenous entrepreneurs in Australia, and second the diverse experience of female Turkish entrepreneurial ‘others’ in both the UK and the Netherlands. Exploring the different roles played by different national contexts in shaping entrepreneurial agency and resistance, rich case study material is used to illustrate how diversity can assist minority entrepreneurs while at the same time also constraining opportunity. The chapter reveals how new takes on entrepreneurship in different locations and settings can reveal not only new forms of entrepreneurial diversity, but also the increasing diversity of how (and what) entrepreneuring can mean.


2021 ◽  
pp. 1-11
Author(s):  
Supriya Munshaw ◽  
Christina Black

Study level/applicability Graduate or Undergraduate Entrepreneurship Majors Subject area Entrepreneurship/Venture Capital (VC) Investing Case overview The case highlights a women-founded venture capital firm that values investments in diverse entrepreneurs and an innovative retail business started by two minority entrepreneurs. Students will be asked whether the firm should invest in the venture and will also be asked to discuss models that may help transform the retail business into a VC-backed scalable technology business. Expected learning outcomes By the end of the discussion, students will be able to evaluate the feasibility and scalability of a new business venture; and evaluate the alignment between a venture capital company and a new venture. Supplementary Materials Teaching Notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes. Social Implications This case highlights the lack of resources for women and minority entrepreneurs as well as the underrepresentation of minority women in the VC industry. Subject code CSS 3: Entrepreneurship


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