Race, Self-Employment, and Upward Mobility: An Illusive American Dream; Response to John Sibley Butler’s Review Essay Timothy Bates I would like to thank professor John Butler for Every firm is embedded in a social context his thoughtful and detailed comments on my book, and every small business is influenced by its Race, Self-Employment, and Upward Mobility participation in networks. No one denies this. When I began to study the concept of social capital The important task is to identify specific forms and its role in promoting (inhibiting) small of social capital that have important effects on business formation and viability, I really did small-business viability. Pioneers like Ivan Light expect to find at least some evidence that some have done this by claiming that rotating credit forms of social capital were important business associations benefit Asian-immigrant-owned aids. The broad concept is an appealing one. It firms. Evidence in this book uses self-responses makes sense that an immigrant entrepreneur of many thousands of Asian immigrant business embedded in a supportive co-ethnic network owners – recorded on Census Bureau question- that generates loyal customers, employees, and naires – to challenge Light’s position. This does financing should benefit from this situation. Small
Small Business Economics – Springer Journals
Published: Sep 30, 2004
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