Black Opportunity Entrepreneurship Post-Pandemic Outcomes

Abstract

The authors use Kauffman Early-Stage Entrepreneurship (KESE) index data of 25 years, to analyze a sample of 42,688 entrepreneurs to make demographic comparisons of black and woman entrepreneurs to others. The study expands on recent research and illustrates that the number of US entrepreneurs who are opportunity-entrepreneurs, declined over the past 25 years. Opportunity-based entrepreneurship yields more favorable economic outcomes than necessity-based entrepreneurship. Logistic analysis is used to compare odds ratios of many demographic groups of entrepreneurs. The study provides added education, age, income, and marriage status comparisons of black entrepreneurs in the US in how they are faring with respect to others. The authors find support for ten of the fourteen hypotheses they test for in their analysis. In conclusion, the report identifies outcomes for black entrepreneurs, and also offers practical implications and promising recommendations to educators.