Policies to Expand Minority Entrepreneurship: Closing Comments

Authors

Michael S. Barr, University of Michigan Law SchoolFollow

Document Type

Book Chapter

Publication Date

2008

Abstract

This essay is based on comments delivered at the Conference on on Entrepreneurship in Low- and Moderate-Income Communities, November 3-4, 2005. This has been a productive conversation. In my closing comments, I want to shift our focus somewhat, from entrepreneurship in low-income communities to minority entrepreneurship generally. I want to do so because many minority entrepreneurs are connected to or hire from low-income communities, and because minority entrepreneurs face critical barriers even when they attempt to create and grow firms outside of distressed communities. In this comment, I want to highlight key barriers and suggest five steps for Congress, the banking regulators, and business leaders that may help the United States benefit more fully from the talents of minority entrepreneurs.

Publication Information & Recommended Citation

Barr, Michael S. "Policies to Expand Minority Entrepreneurship: Closing Comments." In Entrepreneurship in Emerging Domestic Markets: Barriers and Innovation, edited by G. Yago, J. R. Barth, and B. Zeidman, 141-50. The Milken Institute Series on Financial Innovation and Economic Growth, vol. 7. New York: Springer, 2008. [Based on comments delivered at the Conference on on Entrepreneurship in Low- and Moderate-Income Communities, November 3-4, 2005.]