Investigates small business longevity and financial capital structure using owner human capital measures and demographic traits as explanatory variables, including education level achieved, family background, and age of owner at business start. Data were obtained from a nationwide random sample...

This study analyzes the performance of investments made by venture capital (VC) funds that specialize in financing minority business enterprises (MBEs). We explore the hypothesis that financing MBEs offers attractive returns to VC funds because this market niche is underserved. Traits of the VC...

We utilize individual panel data from the 1996 and 2001 Survey of Income and Program Participation (SIPP) to analyze the relative success of self-employed female Hispanics. To allow for a meaningful comparison of earnings between self-employed and wage/salary employed women, we generate...

We classify industries using measures of entry barriers and proceed to investigate how determinants of entry vary in high- as opposed to low-barrier fields. The wealth and educational background characteristics potential entrepreneurs possess, we found, predispose them to make distinctly...

The strong performance of minority-oriented private equity funds in the 1990s drew increased attention and additional funding to this important source of capital for minority-owned businesses. New data from a recent survey of minority-oriented funds allows for an analysis of their investment...

This study of the venture capital firms that concentrate on making equity investments in minority business enterprises is based on a survey conducted in 2001 of 24 respondents from 50 venture capital funds operated by members of the National Association of Investment Companies. The issues...

Available data describe the individual investments the venture capital (VC) funds made from 1989 to 2006 in small, primarily minority-owned businesses. They include annual cash flows measuring both dollar amounts invested and returned. Returns on realized investments are distinguished from...

This study examines causes of black/white gaps in business ownership and self-employment rates by analyzing small-business entry and exit patterns. We proceed by recognizing heterogeneity in business ownership across different industry groups: a classification of firms by human- and...