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Portrait of the Hispanic Entrepreneur in the United States

Portrait of the Hispanic Entrepreneur in the United States
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Author(s): Deborah Ramirez Bishop (Saginaw Valley State University, USA)and Christopher J. Surfield (Saginaw Valley State University, USA)
Copyright: 2015
Pages: 18
Source title: Comparative Case Studies on Entrepreneurship in Developed and Developing Countries
Source Author(s)/Editor(s): Joseph Ofori-Dankwa (Saginaw Valley State University, USA)and Kwame Boasiako Omane-Antwi (Pentecost University College, Ghana)
DOI: 10.4018/978-1-4666-7533-9.ch004

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Abstract

The rate of entry of Hispanics into entrepreneurial activity increased from a monthly average rate of new business creation of 0.33 percent of Hispanic adults in 1996 to a rate of 0.52 percent in 2011, while remaining relatively constant for White, non-Hispanics (Fairlie, 2012). Using the NLSY, 1979 Cohort, this chapter presents a portrait of Hispanic entrepreneurs in the United States and provides a comparison to non-Hispanic entrepreneurs on a number of human capital and socio-demographic variables to develop a better understanding of the factors that contribute to the decision to pursue entrepreneurship. Comparisons are also made among Hispanic origin groups.

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