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Full-Text Articles in Business
Dynastic And Generative Intent For First-Generation Black Wealth Creators In A Modern Racial Enclave Economy, Latanya White
Dynastic And Generative Intent For First-Generation Black Wealth Creators In A Modern Racial Enclave Economy, Latanya White
Antioch University Dissertations & Theses
This study explores the underlying causes of the racial wealth gap between Black and White Americans: the absence of intergenerational wealth transfers in Black business families. As American wealth becomes concentrated into fewer and fewer hands, the data reveal that one third of the 400 wealthiest Americans inherited their wealth from the entrepreneurial endeavors of earlier generations in their family, some creating entrepreneurial dynasties. An important aspect of succession planning is the construct of generativity. Generativity is practiced through leading, nurturing, promoting, and teaching the next generation to create things to “move down the generational chain and connect to a …
The Meaning Of Black Entrepreneurship In Constructing Community, Stacey Sutton
The Meaning Of Black Entrepreneurship In Constructing Community, Stacey Sutton
Trotter Review
The small business sector in the United States has traditionally been viewed as a strong source of economic growth and prosperity, as entrepreneurship epitomizes the quintessential American fantasy of rugged individualism. Given the myths about larger-than-life entrepreneurial heroes, business development has historically been touted as a viable trajectory toward economic and social mobility for immigrant groups and marginalized people. Stories about "great" American businessmen such as John D. Rockefeller, Bill Gates, Steve Jobs among others, often highlight rags-to-riches myths about innumerable possibilities within American capitalism given diligence, fierce competition, and an uncompromising work ethic. The work values of small business …