Banking on Black enterprise: the potential of emerging firms for revitalizing urban economies

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Joint Center for Political and Economic Studies, 1993 - Business & Economics - 153 pages
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Since the 1960s, black businesses have been diversifying and expanding in response to increases in entrepreneurial talent and investment capital. Opportunities created by policies such as procurement set-aside programs have induced better educated, younger blacks to create and expand firms in new lines of business, including wholesaling, contracting, and skill-intensive services. Bates argues that targeting assistance toward these emerging small businesses could go far toward halting the chronic drain of capital and skills suffered by our nation's inner cities.

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Contents

Introduction
1
Traditional and Emerging Lines
17
Why Black Firms Fail
31
Copyright

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About the author (1993)

Timothy Bates, professor of Labor and Urban Affairs at Wayne State University, is the author of five previous books on minority business and economic development. He was a fellow at the Woodrow Wilson International Center for Scholars in 1993-1994.