Banking on Black enterprise : the potential of emerging firms for revitalizing urban economies
Author(s)
Bibliographic Information
Banking on Black enterprise : the potential of emerging firms for revitalizing urban economies
Joint Center for Political and Economic Studies, c1993
- : pbk
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Note
Includes bibliographical references (p.147-153)
Description and Table of Contents
- Volume
-
ISBN 9780941410939
Description
Since the 1960s, black businesses have been diversifying and expanding in response to increases in entrepreneurial talent and investment capital. Opportunities created by policies such as procurement set-aside programs have induced better educated, younger blacks to create and expand firms in new lines of business, including wholesaling, contracting, and skill-intensive services. Bates argues that targeting assistance toward these emerging small businesses could go far toward halting the chronic drain of capital and skills suffered by our nation's inner cities. For the research in this book, Bates has been quoted most recently in The Economist and, twice, in The Wall Street Journal, whose editors described him as "the reigning expert on minority business." In 1993 Banking was cited in Congressional hearings for its evidence of the positive impact that greater investment in minority-owned firms could have on inner-city poverty.
- Volume
-
: pbk ISBN 9780941410946
Description
Since the 1960s, black businesses have been diversifying and expanding in response to increases in entrepreneurial talent and investment capital. Opportunities created by policies such as procurement set-aside programs have induced better educated, younger blacks to create and expand firms in new lines of business, including wholesaling, contracting, and skill-intensive services. Bates argues that targeting assistance toward these emerging small businesses could go far toward halting the chronic drain of capital and skills suffered by our nation's inner cities. For the research in this book, Bates has been quoted most recently in The Economist and, twice, in The Wall Street Journal, whose editors described him as 'the reigning expert on minority business.' In 1993 Banking was cited in Congressional hearings for its evidence of the positive impact that greater investment in minority-owned firms could have on inner-city poverty.
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