ERIC Number: ED204440
Record Type: Non-Journal
Publication Date: 1981-Apr
Reference Count: N/A
Minority Economic Development and the Entrepreneur: Government Policies for the Location of Minority Businesses.
Zeller, Richard E.
Minority business development programs emphasize the ownership of business enterprises, mostly personal services and retailing, oriented toward serving minority markets. This effort is reinforced by minority economic development programs which encourage minority ownership of the institutions which serve minority residential areas in order to obtain the benefits of the multiplier effect. These policies damage the chances for the successful development of minority businesses. Data from several Florida cities illustrate the fact that businesses located in census tracts populated predominantly by minority groups will have smaller potential markets than those located in tracts with higher average income levels. Under minority business development programs, new businesses are guided toward risky locations with relatively small markets, while the burden of providing jobs for minorities is shifted from the majority to the minority entrepreneur. (Author/APM)
Publication Type: Speeches/Meeting Papers; Opinion Papers
Education Level: N/A
Authoring Institution: N/A
Identifiers - Location: Florida (Jacksonville); Florida (Miami); Florida (Tampa)