Historically Black Colleges and Universities, Barriers and Entrepreneurship in Socially Disadvantaged Markets (original) (raw)

Historically Black Colleges and Universities (HBCU’s), as engines of human capital formation, have missions oriented toward educating and training black Americans, are a source for social networking and also provide contractual services. It is posited that they can enhance entrepreneurial ability and create an environment that is favorable to the formation, entry and survival of black-owned firms. Findings were inconclusive and may reveal unobserved effects locally with respect to social, entrepreneurial and/or location variables. For example, many HBCU’s are in socially disadvantaged markets that may include low income, high poverty and crime conditions. Thus, these results provide impetus for further research on these factors and their implications for black entrepreneurship. Vincent E. Mangum Research Fellow LUBER vemangum@gmail.com