Previous research suggests that inefficiencies in the small business market exist surrounding the availability of capital by Small and Microenterprises (SMMEs). Using data from the 1992 Characteristics of Business Owners Survey (CBO), the 2002 Survey of Business Owners (SBO), and the 2003 Survey...

A comprehensive analysis of racial disparities and the determinants of entrepreneurial performance--in particular, why Asian-owned businesses on average perform relatively well and why black-owned businesses typically do not.