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Hispanic Entrepreneurship: Social Networks and Heterogeneity
This article assesses the effect of Hispanic clustering on Hispanic self-employment in the US, and the extent to which endogenous social factors within a cluster may encourage Hispanics to start a business. We address key identification issues in the clustering literature by applying a series of robust econometric techniques to US census data. The study provides empirical evidence on the role of Hispanic clustering on Hispanic entrepreneurship. This article also tackles the constructs of Hispanic entrepreneurial heterogeneity and suggests the clustering of second-generation Hispanics as a potential indicator of the Hispanic entrepreneurial environment. The study derives insight on the economic implications of Hispanic clustering and its benefits and suggests policy recommendations to promote success among Hispanic entrepreneurs. We propose that generational differences across Hispanics is not merely an ethnic control variable, but rather an important factor for the design of strategies and incentives at the federal, state, and local level.
Dr. Torres’ research focuses on the decision-making processes of specialty crop agribusinesses along with customers’ perceptions and preferences. Her expertise includes the economic modeling of adoption of new technologies, the development of decision-making tools for specialty crop growers, and the economic impact of growers decision-making processes. Her research provides relevant research-based information to her extension program, Horticulture Business (www.hort.purdue.edu/hortbusiness) to provide trainings and publications to farmers, business owners, Extension personnel, and policymakers.
The semester’s complete speaker series schedule can be found at: http://mist.ucmerced.edu/seminars
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