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Entrepreneur Human Capital Endowments and Minority Business Viability

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  • Timothy Bates

Abstract

This study analyzes the relationship between entrepreneur human capital endowments and minority enterprise profitability. The better educated subset of entrepreneurs earns high profits relative to their minority business counterparts, and the lines of business in which they are concentrating lie outside the retail and personal service areas that have traditionally dominated minority business activity. In addition to fostering industrial diversity by creating and expanding firms in heavy construction, manufacturing, and skill-intensive services, the better educated entrepreneur group is found to be utilizing effectively both its financial and human capital inputs.

Suggested Citation

  • Timothy Bates, 1985. "Entrepreneur Human Capital Endowments and Minority Business Viability," Journal of Human Resources, University of Wisconsin Press, vol. 20(4), pages 540-554.
  • Handle: RePEc:uwp:jhriss:v:20:y:1985:i:4:p:540-554
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    Cited by:

    1. Edward P. Lazear, 2005. "Entrepreneurship," Journal of Labor Economics, University of Chicago Press, vol. 23(4), pages 649-680, October.
    2. Panagiotis Ganotakis, 2012. "Founders’ human capital and the performance of UK new technology based firms," Small Business Economics, Springer, vol. 39(2), pages 495-515, September.
    3. Bublitz, Elisabeth & Nielsen, Kristian & Noseleit, Florian & Timmermans, Bram, 2015. "Entrepreneurship, human capital, and labor demand: A story of signaling and matching," HWWI Research Papers 166, Hamburg Institute of International Economics (HWWI).
    4. Salvador Carmona, 2003. "Who Becomes an Auditing Entrepreneur? The Effects of Human Capital, Age, and Job Stability," Working Papers Economia wp03-17, Instituto de Empresa, Area of Economic Environment.
    5. Link, Albert N. & Ruhm, Christopher J., 2011. "Creativity and the Family Tree: Human Capital Endowments and the Propensity of Entrepreneurs to Patent," IZA Discussion Papers 5988, Institute for the Study of Labor (IZA).
    6. repec:ebl:ecbull:eb-17-00260 is not listed on IDEAS
    7. Millán, José María & Congregado, Emilio & Román, Concepción, 2014. "Persistence in entrepreneurship and its implications for the European entrepreneurial promotion policy," Journal of Policy Modeling, Elsevier, vol. 36(1), pages 83-106.
    8. José Millán & Emilio Congregado & Concepción Román, 2012. "Determinants of self-employment survival in Europe," Small Business Economics, Springer, vol. 38(2), pages 231-258, February.
    9. Monibo A. Sam, 2007. "Surviving the years of infancy: longevity among small firms in Nigeria, 1971-1997," Journal of International Development, John Wiley & Sons, Ltd., vol. 19(8), pages 1023-1042.
    10. Bruce D. Meyer, 1990. "Why Are There So Few Black Entrepreneurs?," NBER Working Papers 3537, National Bureau of Economic Research, Inc.
    11. repec:krk:eberjl:v:3:y:2015:i:3:p:9-27 is not listed on IDEAS
    12. Lazear, Edward, 2003. "Entrepreneurship," IZA Discussion Papers 760, Institute for the Study of Labor (IZA).
    13. Mathur, Aparna, 2013. "Beyond bankruptcy: Does the US bankruptcy code provide a fresh start to entrepreneurs?," Journal of Banking & Finance, Elsevier, vol. 37(11), pages 4198-4216.
    14. Harald Strotmann, 2007. "Entrepreneurial Survival," Small Business Economics, Springer, vol. 28(1), pages 87-104, January.
    15. Randall Akee & Elton Mykerezi & Richard M. Todd, 2017. "Reservation Employer Establishments: Data from the U.S. Census Longitudinal Business Database," Working Papers 17-57, Center for Economic Studies, U.S. Census Bureau.
    16. Harald Strotmann, 2002. "Determinanten des Überlebens von Neugründungen in der badenwürttembergischen Industrie. Eine empirische Survivalanalyse mit amtlichen Betriebsdaten," IAW Discussion Papers 06, Institut für Angewandte Wirtschaftsforschung (IAW).
    17. Kathryn Stafford & Vibha Bhargava & Sharon Danes & George Haynes & Katherine Brewton, 2010. "Factors Associated with Long-Term Survival of Family Businesses: Duration Analysis," Journal of Family and Economic Issues, Springer, vol. 31(4), pages 442-457, December.
    18. Michaelides, Marios, 2010. "Race and self-employment: The role of training programs, self-employment background, and access to financing," MPRA Paper 20884, University Library of Munich, Germany.
    19. Nerlinger, Eric A., 1996. "Firm formation in high-tech industries: empirical results for Germany," ZEW Discussion Papers 96-07, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    20. Jiatao Li, 2013. "The internationalization of entrepreneurial firms from emerging economies: The roles of institutional transitions and market opportunities," Journal of International Entrepreneurship, Springer, vol. 11(2), pages 158-171, June.
    21. Albert Link & Christopher Ruhm, 2013. "Fathers’ patenting behavior and the propensity of offspring to patent: an intergenerational analysis," The Journal of Technology Transfer, Springer, vol. 38(3), pages 332-340, June.
    22. Marios Michaelides & Scott Davis, 2016. "From unemployment to self-employment: the role of entrepreneurship training," University of Cyprus Working Papers in Economics 09-2016, University of Cyprus Department of Economics.

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