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Race and Entrepreneurial Success: Black-, Asian-, and White-Owned Businesses in the United States

机译:种族和创业成功:美国的黑人,亚洲和白人所有企业

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摘要

Robert W. Fairlie and Alicia M. Robb engage the reader in a challenging quest to identify why Asian-owned businesses have the best, and Black-owned businesses have the worst, average outcomes of all major racial and ethnic groups in the United States. This quest is policy relevant, given the importance of successful business ownership for job creation, economic growth, income generation, and wealth accumulation. More specifically, improving the performance of minority-owned and disadvantaged businesses may help reduce earnings and wealth inequalities since upward income mobility and fast earnings growth are more likely for business owners than wage employees. Hence, there is a strong case for diverting attention from the much studied determinants of business start-up prospects for minorities to the less studied factors associated with their business performance.
机译:Robert W. Fairlie和Alicia M. Robb吸引读者进行一项具有挑战性的探索,以确定在美国所有主要种族和族裔群体中,亚洲拥有的企业为何表现最佳,而黑人拥有的企业却表现最差,平均表现最差。鉴于成功拥有企业对创造就业机会,经济增长,创收和财富积累非常重要,因此该任务与政策相关。更具体地说,提高少数族裔和处于不利地位的企业的业绩可能有助于减少收入和财富不平等,因为企业主比有薪雇员更有可能实现收入向上流动和收入快速增长。因此,有充分的理由将注意力从对少数族裔企业的创业前景进行了深入研究的决定因素转移到与他们的业务绩效相关的研究较少的因素上。

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