Work

Where Do We Go From Here? The Survival and Recovery of Black-Owned Businesses Post-COVID-19

Year: 2022

Type: article

Abstract: Given the direct relationship between business ownership and economic vibrancy within communities of color, this research explores a tailored approach for addressing persistent race-based economic disparities inhibiting business ownership in communities of color. While significant evidence exists regarding the need for access to capital, education, and the market to improve the sustainability of businesses of color, this research demonstrates the need for an additional component (the “Fourth Dimension”) to spur the development of thriving, socially oriented Black-owned business communities. We envision the “Fourth Dimension” comprising a collaborative, community-oriented social growth strategy for small Black-owned businesses implemented through enhanced and deliberate cooperative, community-supported market engagement.

Source: Humanity & Society

DOI: 10.1177/01605976211049243

Authors: Darcelle Lahr, Ashley Adams, Alec Edges, Jillian Bletz

Institution: Mills College

Language: English

Topic: Migration, Ethnicity, and Economy

Subfield: Sociology and Political Science

Field: Social Sciences

Domain: Social Sciences

SDGs: Reduced inequalities, Decent work and economic growth

Open Access status: green

OpenAlex ID: W4207024026

FWCI: 1.077

Cites: 18

Cited by: 6

Related to: 10