Joel Kotkin On "The Best Cities For Minority Entrepreneurs"

Forbes asked Joel Kotkin, Wendell Cox, and Erika Ozuna to examine entrepreneurial trends among immigrants in the nation's largest metropolitan areas. The results of their study are contained in this article.

1 minute read

April 4, 2011, 12:00 PM PDT

By Victor Negrete


From New Geography:

"Younger and more heavily represented in the labor force, minorities are poised to become the primary source of entrepreneurial growth.

The clear advantage with minorities, particularly immigrant minorities, lies in their own self-selection. Risk-takers by the very act of emigration, they are more likely to start small firms than other Americans."

According to Kotkin, "immigrant entrepreneurs tend to prefer sprawling, heavily suburbanized regions." This claim is based on rates of self-employment, housing affordability, income growth, and migration, writes Kotkin.

The study lists Atlanta as the best U.S. city for minority entrepreneurs.

Thursday, March 31, 2011 in New Geography

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