Approximately 1.7 billion people in Asia live in poverty today. To date, efforts to address poverty in Asia have largely focused on subsistence entrepreneurship rather than on creating ventures that empower them to break out of poverty. That is, the mechanisms that have been used, such as microlending, generally lead entrepreneurs to create businesses providing basic life essentials rather than...

Access to equity capital is critical for the growth of businesses, especially for young companies, which lack the cash flows necessary to repay loans. To meet this need, a thriving venture capital industry has evolved, fostering job creation, economic growth, and innovation in the United States. Not all companies, however, have been equally able to access such investments. Firms owned by women ...

Tens of thousands individual businesses across the United States fervently profess they are “Christian owned and operated”. The law protects these businesses’ right to make such a declaration. However, by making public faith statement, leaders fear inviting attention from activists who object their religious stance. Regardless this perception, repeated violations it clear faith-focused taking a...

EXECUTIVE SUMMARY During the last two decades, researchers have sought to develop categories of entrepreneurs and their businesses along a variety of dimensions to better comprehend and analyze the entrepreneurial growth process. Some of this research has focused on differences related to industrial sectors, firm size, the geographical region in which a business is located, the use of high-tech...

Does Local Business Ownership Insulate Cities from Economic Shocks? * We assess a prominent argument for local economic policies that favor locally-owned businesses – namely, that locally-owned firms are more likely to internalize the costs to the community of decisions to reduce employment and hence help to insulate cities from adverse economic shocks. We test this argument by examining how es...

Capitals ownership is an important element in ensuring the sustainability of small-scale businesses. This paper discusses business capitals owned by late-night bazaar entrepreneurs selected areas Klang Valley. Based on adapted concept community Hart (2000), this study aims to examine through assessing their level social capital, human financial capital and physical capital. A total 250 late nig...