Previous research suggest that in order to excel in innovativeness, a firm should simultaneously be market oriented, proactive, and willing to take risks, as well as have access to superior technological assets and capabilities. However, the contribution of these factors on innovative outcomes...

Firm growth is widely considered to be a measure of success for entrepreneurial businesses. Date indicate that there are systematic differences between minority and nonminority-owned firms with respect to growth. Black entrepreneurs are 50 percent more likely to engage in start-up activities...