Series editor(s): Professor Craig S. Galbraith
Subject Area: Management Science/Management Studies
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|Title:||Gender Differences in Minority Small Business Hiring Practices and Customer Patronage: An Exploratory Study|
|Author(s):||Pat Roberson-Saunders, Raymond D. Smith|
|Volume:||5 Editor(s): Craig S. Galbraith, Curt H. Stiles ISBN: 978-0-76231-358-7 eISBN: 978-1-84950-452-2|
|Citation:||Pat Roberson-Saunders, Raymond D. Smith (2006), Gender Differences in Minority Small Business Hiring Practices and Customer Patronage: An Exploratory Study, in Craig S. Galbraith, Curt H. Stiles (ed.) Developmental Entrepreneurship: Adversity, Risk, and Isolation (International Research in the Business Disciplines, Volume 5), Emerald Group Publishing Limited, pp.275-295|
|DOI:||10.1016/S1074-7877(06)05015-X (Permanent URL)|
|Publisher:||Emerald Group Publishing Limited|
|Article type:||Chapter Item|
Recent statistics indicate that the number of minority-owned and women-owned firms in the United States continues to rise. Indeed, the number has risen substantially since the last census count; from 2.3 million minority businesses in 1992 to over 3 million in 1997 – a 30 percent increase. During this same period, the receipts of minority businesses increased 60 percent – from $369 billion to $591 billion. At the same time, the number of firms in which women held majority ownership (51 percent or more) increased 16 percent – from 6.4 million to 7.4 million. The receipts of predominantly women-owned firms increased 33 percent – from $1.2 trillion to $1.6 trillion (when data are adjusted for comparability of 1992 and 1997 statistics – see U.S. Department of Commerce, 1992a, b, 1997a, b, c).
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