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Advancing U.S. Latino Entrepreneurship - A New National Economic Imperative (Paperback)
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Advancing U.S. Latino Entrepreneurship - A New National Economic Imperative (Paperback)
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Advancing U.S. Latino Entrepreneurship examines business formation
and success among Latinos by identifying arrangements that enhance
entrepreneurship and by understanding the sociopolitical contexts
that shape entrepreneurial trajectories. While it is well known
that Latinos make up one of the largest and fastest growing
populations in the U.S., Latino-owned businesses are now outpacing
this population growth and the startup business growth of all other
demographic groups in the country. The institutional arrangements
shaping business formation are no level playing field. Minority
entrepreneurs face racism and sexism, but structural barriers are
not the only obstacles that matter; there are agentic barriers and
coethnics present challenges as well as support to each other. Yet
minorities engage in business formation, and in doing so, change
institutional arrangements by transforming the attitudes of society
and the practices of policymakers. The economic future of the
country is tied to the prospects of Latinos forming and growing
business. The diversity of Latino experience constitutes an
economic resource for those interested in forming businesses that
appeal to native-born citizens and fellow immigrants alike, ranging
from local to national to international markets. This book makes a
substantial contribution to the literature on entrepreneurship and
wealth creation by focusing on Latinos, a population vastly
understudied on these topics, by describing processes and outcomes
for Latino entrepreneurs. Unfairly, the dominant story of
Latinos-especially Mexican Americans-is that of dispossession and
its consequences. Advancing U.S. Latino Entrepreneurship makes
clear the undiminished ambitions of Latinos as well as the
transformative relationships among people, their practices, and the
political context in which they operate. The reality of Latino
entrepreneurs demands new attention and focus.
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