Modern ethnic entrepreneurship : a pathway of economic mobility?

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Abstract/Contents

Abstract
The growth in the number of Latino-owned businesses is now outpacing the growth rate of the Latino population and the start-up growth of all other racial and ethnic groups in the United States. The sociological literature on ethnic entrepreneurship has tended to depict Latino-owned businesses as driven by necessity, operating in largely resource-constrained environments, and focuses heavily on first generation immigrants. This dissertation explores modern ethnic entrepreneurship including its potential for economic return, the interplay between business strategies and ethnic identity, and the role of institutions in advancing minority entrepreneurship. I use quantitative and qualitative methods to understand what it is like to be an ethnic entrepreneur today including 101 interviews with entrepreneurs and institutional investors. Through census data, I find entrepreneurship to be an alternative and lucrative pathway among high-skilled Latinos. This is reinforced by a subset of interviews with microbusiness and scaled business owners that examines how they make sense of their ethnoracial identity in relation to their business. I find that ethnic strategies can yield benefits as a business strategy but choosing when and how to leverage an ethnic identity is largely reserved for entrepreneurs who have obtained higher education, the later generations, and those operating in professional industries. Interviews with investment professionals shed light on the institutional logics that systematically block minority-owned investment firms' wealth-generating opportunities. Together, these findings aim to illuminate the experience of modern Latinx entrepreneurs seeking economic mobility outside of formal labor structures, with important implications for increasing diversity and capital allocation to minority-owned businesses.

Description

Type of resource text
Form electronic resource; remote; computer; online resource
Extent 1 online resource.
Place California
Place [Stanford, California]
Publisher [Stanford University]
Copyright date 2021; ©2021
Publication date 2021; 2021
Issuance monographic
Language English

Creators/Contributors

Author Orozco, Marlene, 1988-
Degree supervisor Jiménez, Tomás R. (Tomás Roberto), 1975-
Thesis advisor Jiménez, Tomás R. (Tomás Roberto), 1975-
Thesis advisor Hwang, Jackelyn
Thesis advisor Saperstein, Aliya
Degree committee member Hwang, Jackelyn
Degree committee member Saperstein, Aliya
Associated with Stanford University, Department of Sociology

Subjects

Genre Theses
Genre Text

Bibliographic information

Statement of responsibility Marlene Orozco.
Note Submitted to the Department of Sociology.
Thesis Thesis Ph.D. Stanford University 2021.
Location https://purl.stanford.edu/md175nz3808

Access conditions

Copyright
© 2021 by Marlene Orozco
License
This work is licensed under a Creative Commons Attribution Non Commercial 3.0 Unported license (CC BY-NC).

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