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Business Administration, Management, and Operations

2018

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Competitive Strategies Of Minority-Owned Small Businesses.Pdf, Peter Smith Aug 2018

Competitive Strategies Of Minority-Owned Small Businesses.Pdf, Peter Smith

Peter Smith

Leaders of minority-owned businesses earn less revenue on average than their nonminority counterparts, even when both sets of leaders operate in the same industries. Among the factors leading to this earnings discrepancy is the lack of access that leaders of minority-owned businesses have to high-revenue opportunities. The purpose of this multiple case study was to explore the strategies that some leaders of minority-owned small businesses use to compete for contracts in high-revenue industries. The study population comprised 3 owners of minority-owned small marketing consultancy firms headquartered in the Southeastern United States. Teece and Pisano’s dynamic capabilities view served as the …