Banking on 'break-out': finance and the development of ethnic minority businesses.

Reflecting recent changes in the pattern of ethnic minority business activity in Britain, this paper examines the experiences of firms attempting to break out from the cramped range of generally marginal activities historically occupied by South Asian, African-Caribbean and other immigrant-origin en...

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Publicado en:Journal of Ethnic & Migration Studies Vol. 29; no. 4; pp. 663 - 682
Autores principales: Ram, Monder, Smallbone, David, Deakins, David, Jones, Trevor
Formato: Artículo
Publicado: Taylor & Francis Ltd Jul2003
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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      aug:
        au:
          Ram, Monder
          Smallbone, David
          Deakins, David
          Jones, Trevor
      su:
        Minority business enterprises
        Banking industry
        United Kingdom
      sug:
        subj:
          United Kingdom
          Minority business enterprises
          Banking industry
      keyword:
        Break-out
        Ethnic minority businesses
        Financial capital
        Human capital
      ab: Reflecting recent changes in the pattern of ethnic minority business activity in Britain, this paper examines the experiences of firms attempting to break out from the cramped range of generally marginal activities historically occupied by South Asian, African-Caribbean and other immigrant-origin entrepreneurs. Based on in-depth case histories supplemented by a large-scale quantitative survey, the present paper addresses the financial experiences of these firms in the light of the assumption that break-out entails a shift from labour-intensive to capital-intensive activities requiring external financing. Access to bank credit continues to be problematic, with frequent perceptions of racist discrimination even in the case of entrepreneurs with seemingly impressive track records and personal resource endowments.
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