Becoming a Small Business Owner: The Hispanic Experience

Authors

  • Howard D. Feldman University of Portland
  • Julio de Castro University of Colorado
  • Thomas Dean University of Tennessee
  • Karen Vaught-Alexander University of Portland

Abstract

This study examined the paths to ownership, demographic characteristics, incubator organizations, motivations and attitudes, and start-up experiences of a sample of 92 Hispanic business owners. Results were compared with Cooper, Dunkelberg. Woo and Dennis' s 1990 study examining alternative paths to ownership  of a predominantly non-minority sample of owner-managers. The results indicate 85 .7% of Hispanic business owners started their own firm , as opposed  to 63.6% in the Cooper, et al. study. Several differences were also found in their ownership profile including: the availability of parents as role models, the age when they became owners , industry representation, education , and the sources of funding  available to them.

References

Birch, D. (1979). Thejob generation process. Cambridge, M A.: MIT Program on Neighborhood and· Regional Change.

Birch, D. ( 1 987). Job creation in America: How our smallest companies put the most people to work . New York: The Free Press.

Brarda, R ..H. (1979). Personal traits and values contributing to the success of Spanish-surname entrepreneurs in the United States. D.B.A. dissertation, Golden Gate University.

Chrisman, J ., & Carsrud, A. ( 1990). Outside assistance need of pre-vent ures and established small

business: A comparison of minority and non-minority clients. Paper presented at The International Conference on Small Business.

Cooper, A.C .. & Dunkelberg, W.C. (1986). Entrepreneurship and paths to busi ness ownership. Strategic Management Journal , 7 (I), 53-68.

Cooper, A.C .. Dunkelberg, W.C .. Woo, C., & Dennis, Jr., W.J. ( 1990). New business in America: The firms and their owners. Washington , D.C.: NFIB Foundation.

Dadzie, K., & Cho, Y. (1989). Determinants of minority business formation and survival: An empirical assessment. Journal of Small Business Management , 27 (3), 56-61 .

Feldman , H., Koberg, C., & Dean , T. (1991 ). Minority small business owners and their paths to ownership. Journal of Small Business M anagement, 29 (4), 1 2-27.

Furino, A., Rodriguez, E., & Scott, ·w. ( 1980). Minorities in small business. Texas Business Review , (J uly-August), 12-27.

Gomolka, G. (1977). Characterist ics of minority international and small business enterprises. American Journal of Small Business, 4 (3), 1 78-184.

Hisrich R., & Brush, C. (1986). Characteristics of the minority entrepreneur. Journal of Small Business Management , 24 (4), 1 -8.

Kirchoff, B. (1982). Factors underlying increases i n minority entrepreneurship: 1972 through 1977. In Karl Vesper (Ed.), Frontier.1· of entrepreneurship research , 2 (pp. 39-53).

Kizilbash, A.H., & Garman, F.T. (1975). Grocery retailing in Spanish neighborhoods. Journal of Retailing , 51 (4), 1 5-21.

Mescon , T. (1987). The entrepreneurial institute. Journal of Small Business M anagement , 25 (I ), 61-67.

Scott, W.L. (1983). Financial performance of minority-versus nonminority-owned businesses. Journal of Small Business Management, 21 (I), 42-48.

Smith, N.R . (1967). The entrepreneur and his firm: The relationship between type of man and type of company . East Lansing, M l.: Michigan State University Press.

Smith , N.R . , & Miner, J .B. ( 1 983). Type of entrepreneur, type of firm, and managerial motivation: Implications for organizational l ife cycle theory. Strategic Management Journal, 4 (6), 325-340.

Welsch, H., Young, E., & Triana, A. (1984). A cross cultural comparison of hispanic and non-hispanic entrepreneurs: An analysis of attitudinal and behavioral differences. Paper presented to The Small Business Institute Directors Association , Denver.

Young, E., & Sontz, A. (1988). Is hard work the key to success: A socioeconomic analysis of immigrant enterprise. The Review of Black Political Economy, ( I ), 1 1 -31 .

Young, E., Welsch, H., & Triana, A. ( 1984). Comparison of Hispanic and non-Hispanic entrepreneurs on perceived problems and information sources used . Paper presented ro the Annual Meeting of th-e Academy·af Management , Boston.

Survey of minority-owned business enterprises. U.S. Department of Commerce, Bureau of the Census. Washington, D.C.: Government Printing Office.

Downloads

Published

1992-01-17

Issue

Section

Articles

How to Cite

Becoming a Small Business Owner: The Hispanic Experience. (1992). Journal of Small Business Strategy (archive Only), 3(1), 1-16. https://libjournals.mtsu.edu/index.php/jsbs/article/view/425