Got a tricky question? Receive an answer from students like you! Try us!

ethnic entrepreneurship - Coursework Example

Only on StudentShare
College
Author : bricecrist
Coursework
Finance & Accounting
Pages 8 (2008 words)

Summary

Student's Name: Professor's Name: Ethnic Entrepreneurship 05 May 2011 Introduction Many people often wonder why ethnic people often fail at entrepreneurship ventures. Although governments had tried their best to develop successful ethnic business people, they face some problems which hinder these efforts…

Extract of sample
ethnic entrepreneurship

Other important factors are the number of immigrants in a country, the rate of growth of that ethnic population (because ethnic entrepreneurs tend to serve their niche markets first) and the general age level of that ethnic population (Audretsch, 2002:133). And because of the tendency to provide goods and services to their own ethnic group, a result is super-saturation of that business type in specific industries with the resultant high rates of failure of providing products or services in a small market that is unsustainable for a normal business size. This paper attempts to look deeper beyond language and cultural barriers as factors to explain why it is difficult to make an over-arching set of policies. A successful formulation of this set of policies could be used as guide to future policy formulation that will improve their chances of success. Entrepreneurship plays a decisive role in job creation, economic growth and international competitiveness but the lack of an over-arching set of policies makes it very difficult to have a grand plan that will work in all situations. In other words, there are also the cultural traditions and practices which might make ethnic people unsuitable as entrepreneurs. ...
Download paper

Related Essays

Processes and definitions of Enterprise and Entrepreneurial Management
The consideration of the above factors does assist an entrepreneur in achieving success in the business venture he intends to get into. A business plan includes the business idea that an entrepreneur is considering venturing into. It also describes his reasons for venturing into the business, his financial ability to invest in the venture, the location of his business and the available sources of raw materials (Parker, 2004). Strategic Objectives These are the goals that a business sets to achieve in the short and long run periods. They assist in the formation of the long-term plans in order…
12 pages (3012 words)
Racial and Ethnic Differentials in Overweight and Obese Children
However, no research has been able to prove clearly that racial and ethnic background of a person is a factor that causes overweight and obesity in people. Even though some researches have concluded that it is the racial and ethnic background of a person that causes obesity in him, the deeper look at those studies show that it is not the racial and the ethnic background, but the socioeconomic factors ‘associated’ with those racial and ethnic communities that lead to development of obesity in people. Hence, it can be concluded that it is the ‘socioeconomic status’ (SES) and the social…
3 pages (753 words)
Female Entrepreneurship in comparison with male entrepreneurs
It a psychologically belief that their efforts are considered to be untrained and unskilled in comparison to their counterparts. Various researches on entrepreneurship relate to male distinctiveness and focused mainly onto male-dominant area. Few studies considered the female individuality of entrepreneurship with their related actions. Women always had to put some extra effort in order to succeed in putting up a business and then maintaining it in a male dominated working environment. Therefore, women had to gain extra assets through other connections and networking. Mainly women who belong…
9 pages (2259 words)
INTERNSHIP PORTFOLIO
There is a high level of turnover for subordinate positions that is caused by the frustrations that come from a non-horizontal structure with more job autonomy. Academic learning provided insight into the psychological mechanisms that drive employee behaviour and needs related to the work environment. This formal learning helped me to understand why some people in the workplace are more motivated and why others tend to be less productive. Gambrel & Cianci (2003) identify that employees have a need for affiliation and recognition from peers and from supervisors. Once these have been satisfied…
10 pages (2510 words)
Problems Stemming from the Economic Crisis and Potential Recovery
The policies adopted by the governments are aimed at enhancing sustainable economic growth by ensuring that the structural and macroeconomic causes of the recession are addressed. Through adoption of effective policies that ensures the stability of the supply side of the economy, macroeconomic benefits would ultimately emerge. First, they ensure fiscal sustainability since they add credibility to the borrowing demands by the government. Secondly, they enhance redeployment of resources due to the fact that they use the opportunities that emerged after the structural changes that emerged after…
4 pages (1004 words)
Relationship between Entrepreneurship, Innovation and Economic Development.
Such an analytical approach has furnished ample insight into the interrelationship existing between knowledge, innovation and entrepreneurship. However, it goes without saying that there is a lacuna as to the understanding of the comprehensive relationship between entrepreneurship, innovation and economic growth. The understanding of the relationships between micro economic sources of growth and the consequent macroeconomic outcomes is still too nascent as to the establishment of the relationships between varied interacting forces impacting the economic growth. Hence, in an academic…
6 pages (1506 words)
Taking the UK as an example, critically evaluate the issues that entrepreneurs/SMEs face in raising finance. To what extent has
On this regards recommendation are made on how the initiatives taken by the national, regional and local entities can be made better. 1. Introduction Small and Medium sized enterprises (SME) are considered to be potentially most dynamic in an emerging economy. SMEs are regarded to play an important role in the development process of not only developing but also developed countries. Various advantages can be generated from the rise in SME (Parker, 2004). They are assumed to use more labour intensive technology that may give rise to the employment opportunity. They are established quickly and…
10 pages (2510 words)