Native American Entrepreneurship

Topics:
Competitive Strategy
Tags:
CELCEE,
Entrepreneurial,
Entrepreneurship,
Management,
U.S.
Source:
CELCEE

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Overview: Over 2 million Native Americans live in the United States, according to the Seven Fires Council. Relatively few of these persons are entrepreneurs - according to the most recent U.S. Census data, "Native Americans owned and started the fewest small businesses of all minority groups in the United States," with only 1 in 100 Native Americans identifying as a business owner. However, Native American entrepreneurship is nonetheless a very significant topic, not only because it seems to be a rising trend, but also because it is widely considered to be an efficient tool for alleviating the economic problems that plague this community. The researchers concluded that "programs which are specifically tied to the needs and values of Native Americans will be the ones that enhance entrepreneurial development" in particular, they opine that continuing education, policies that endorse tribal self-determination, mentoring programs and an emphasis on role models can help encourage young Native Americans to consider entrepreneurship.

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Format: HTML | Date: Feb 2003 | Pages: 1


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