How Does Race and Ethnicity Affect Persistence in Immature Ventures?
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© 2016 International Council for Small Business.Does race/ethnicity affect persistence in an immature venture? Using data from the Panel Study of Entrepreneurial Dynamics II, we examine how race/ethnicity, access to supplier credit, and personal financial investment affect three entrepreneurial outcomes: continued engagement, new firm creation, and disengagement. We find that compared with whites, blacks were less likely to receive supplier credit and invest more of their own capital, whereas Hispanics did not significantly differ from whites. Blacks were more likely to persist and remain engaged in an immature venture if they did not achieve success after two years in operation, whereas Hispanics were more likely to disengage.
Published Version (Please cite this version)10.1111/jsbm.12138
Publication InfoFreeland, RE; & Keister, Lisa A (2016). How Does Race and Ethnicity Affect Persistence in Immature Ventures?. Journal of Small Business Management, 54(1). pp. 210-228. 10.1111/jsbm.12138. Retrieved from https://hdl.handle.net/10161/13980.
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Professor of Sociology
I do research in the areas of economic sociology, organizations and management, and social networks. I study organization and household behavior in both the U.S. and China, including work on organization strategy and the role that relations among organizations play in shaping strategy, household financial decision making, and business start-up. My work on business networks in China looks at relations among firms and how these shape firm performance, survival, and structure. I also do work on