Why are black-owned businesses less successful than white-owned businesses? The role of families, inheritances, and business human capital

Why are black-owned businesses less successful than white-owned businesses? The role of families, inheritances, and business human capital
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DOI:
10.1086/510763
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发表时间:
2007-04-01
影响因子:
3.8
通讯作者:
Robb, Alicia M.
Robb, Alicia M.
中科院分区:
经济学1区
文献类型:
--
作者:
Fairlie, Robert W.;Robb, Alicia M.

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使用来自企业主特征调查的机密微观数据,我们检查了为什么非裔美国人拥有的企业在销售、利润、就业和生存方面远远落后于白人拥有的企业。与白人企业主相比,黑人企业主在创业前拥有个体户的可能性要小得多,也不太可能在该家族成员的企业中工作过。使用非线性分解技术,我们发现,黑人企业主之前在家族企业中缺乏工作经验,可能通过限制他们对一般和特定企业人力资本的获取,对黑人企业产出产生负面影响。
Using confidential microdata from the Characteristics of Business Owners survey, we examine why African American - owned businesses lag substantially behind white-owned businesses in sales, profits, employment, and survival. Black business owners are much less likely than white owners to have had a self-employed family member owner prior to starting their business and less likely to have worked in that family member's business. Using a nonlinear decomposition technique, we find that the lack of prior work experience in a family business among black business owners, perhaps by limiting their acquisition of general and specific business human capital, negatively affects black business outcomes.