[Download] "Concerns and Expectations of African American Entrepreneurship Students." by Journal of Entrepreneurship Education # Book PDF Kindle ePub Free
eBook details
- Title: Concerns and Expectations of African American Entrepreneurship Students.
- Author : Journal of Entrepreneurship Education
- Release Date : January 01, 2011
- Genre: Education,Books,Professional & Technical,
- Pages : * pages
- Size : 197 KB
Description
INTRODUCTION America's small businesses employ more than 50 percent of the private workforce and generate more than half of the nation's gross domestic product (Department of Labor, 2009). It is obvious that entrepreneurs are the main driving force of America's economy. Since more than 95 percent of businesses employ 500 or fewer individuals (Bandyk, 2009), a strong, vibrant, entrepreneurial small business community is critical to a healthy economy and thriving society. Twelve percent (11.8%) of the U.S. population is African American. However, they only own five percent of business firms in the U.S. Moreover, only ten percent of African American owned firms have paid employees, which is significantly below the national average of 25 percent (U. S. Census Bureau, 2002).