Promoting Hispanic Immigrant Entrepreneurship in Chicago
Vol. Volume 9, Number 1 April/2004
Marta Tienda and Rebecca Raijman
This article examines the evolution of Hispanic immigrant entrepreneurship in Chicago during the 1980s and 1990s - a period where the ethnographical composition of the population changed appreciably and minority businesses grew rapidly. The Census of Business Owners shows rapid growth in the number of businesses, but a shrinking share of total sales generated by minority Hispanic owned businesses. Using a survey of business owners in Little village a Hispanic immigrant community in Chicago the authors investigated the relatively weaker economic position of Hispanic businesses by examining the pathways to business ownership; the sources of start-up capital and the role of institutional and informal resources in business start-ups. Comparisons with Koreans, Asians and non Hispanic whites illustrates the sources of Hispanic business precariousness.