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The Other One PercentIndians in America$
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Sanjoy Chakravorty, Devesh Kapur, and Nirvikar Singh

Print publication date: 2017

Print ISBN-13: 9780190648749

Published to Oxford Scholarship Online: December 2016

DOI: 10.1093/acprof:oso/9780190648749.001.0001

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Entrepreneurship by The Numbers

Entrepreneurship by The Numbers

(p.183) 5 Entrepreneurship by The Numbers
The Other One Percent

Sanjoy Chakravorty

Devesh Kapur

Nirvikar Singh

Oxford University Press

This chapter examines the entrepreneurial experience of Indian Americans in the context of U.S. national debates on economic growth, job creation, and immigration, as well as previous studies of ethnic and immigrant entrepreneurship. Two sources of census data show that Indian Americans did not have higher than average rates of self-employment, but did better than other immigrant groups in business performance. Indian-American-owned businesses were more concentrated in specific sectors such as retailing and accommodation and food services. This chapter also presents results of a survey of successful Indian-American entrepreneurs and other professionals. The entrepreneur respondents were motivated by desires for independence and innovation, relied on multiple sources of support, including personal networks, and had strong ties to India. Women entrepreneurs in the survey did almost as well as the men in many respects, including similar rates of entrepreneurship, while being less concentrated in information technology.

Keywords:   Immigrant entrepreneurship, ethnic business, self-employment, entrepreneur motivations, women entrepreneurs

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