Minorities in Entrepreneurship

Minorities in Entrepreneurship

An International Review

Glenice J. Wood, Marilyn J. Davidson and Sandra L. Fielden

Although there is an expanding body of literature on the characteristics, aspirations, motivations, challenges and barriers of mainstream entrepreneurs, relatively little is known about whether these findings can be applied to the entrepreneurial activities of minority groups. This book addresses this short-fall and presents an international review of the characteristics, motivations and obstacles of eight minority groups: younger; older; women; ethnic; immigrant; lesbian, gay and bisexual; disabled; and indigenous entrepreneurs.

Chapter 10: Conclusion: Minorities in Entrepreneurship – An International

Glenice J. Wood, Marilyn J. Davidson and Sandra L. Fielden

Subjects: business and management, diversity and management, entrepreneurship, gender and management, international business, organisational behaviour

Extract

review Entrepreneurs have the dynamism to get something started. They view the world differently from other people. They create opportunity that others don’t necessarily see and have the guts to give it a go. (Sir Richard Branson, Chairman of Virgin Group, 2009, p. 259) INTRODUCTION This book has aimed to further contribute to the limited literature on the experiences of non-mainstream entrepreneurs by presenting chapters reviewing literature pertaining to eight categories of minority business owners: younger entrepreneurs, older entrepreneurs, women entrepreneurs, ethnic minority entrepreneurs, immigrant entrepreneurs, LGB entrepreneurs, disabled entrepreneurs and Indigenous entrepreneurs. As mentioned in Chapter 1, we acknowledge that the selection of these specific entrepreneurial minority groups was not comprehensive of all business owner minorities, but their inclusion was determined by the availability (which in some cases was limited) of published research and literature. In this final chapter, we pull together the main themes that have evolved from the various entrepreneurial minority groups in relation to their characteristics and aspirations/motivations for starting up a business, as well as the potential challenges and barriers faced during business venture development. We also summarize the challenges and barriers experienced by the various minority groups, and go on to present predictions for the future development of entrepreneurial minorities worldwide. Here, we emphasize the need for future research initiatives and also propose recommendations in terms of future government support for entrepreneurial education, training, business support and development. 193 Columns Design XML Ltd / Job: Wood_Minorities_in_Entrepreneurship / Division: Chapter10 /Pg. Position:...

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