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  • 2023
  • Working Paper

The Benefits of Revealing Race: Evidence from Minority-owned Local Businesses

By: Abhay Aneja, Michael Luca and Oren Reshef
Is there latent demand to support Black-owned businesses? To explore, we analyze a new feature that made it easier to identify Black-owned restaurants on a large online platform. We find that labeling restaurants as “Black-owned” increased customer engagement and... View Details
Keywords: Black-owned Businesses; Race; Prejudice and Bias; Ownership; Knowledge Dissemination; Digital Platforms; Consumer Behavior; Food and Beverage Industry
Related
  • 19 Apr 2021
  • News

Supplier Diversity Programs Are Failing Black-Owned Businesses

  • 23 Oct 2020
  • News

Students Pair with Local Black-Owned Businesses in New MBA Field Course

  • 24 Oct 2023
  • Research & Ideas

When Tech Platforms Identify Black-Owned Businesses, White Customers Buy

Democratic-leaning areas. And new customers of Black-owned businesses were more likely to be white, based on an analysis of reviewers’ profile photos, relative to prior customers. Luca and his coauthors also... View Details
Keywords: by Jay Fitzgerald; Food & Beverage
  • 23 Sep 2021
  • News

Confronting Sustainability in Business; Pro-Bono Consulting for Black-Owned Companies

professor in Executive Education at the Kellogg School at Northwestern University. “The OPN is a way to provide support to Black-owned businesses that are ready for growth but lack a few tools,” she says.... View Details
Keywords: Margie Kelley
  • 13 Nov 2020
  • News

Harvard Class to Pair Students with Black-Owned Boston Businesses in Bid to Fight Systemic Racism

  • 03 Aug 2021
  • News

Leading Maryland’s Only Black-Owned and -Managed Commercial Bank to Be a Pandemic Resource

The Baltimore Sun recently highlighted the work of John Lewis (MBA 2004), President and Chief Operating Officer of Harbor Bank of Maryland, which the newspaper notes became a vital pandemic-era resource for businesses looking to obtain... View Details
  • TeachingInterests

Scaling Minority Businesses

By: Archie L. Jones

Scaling Minority Businesses (SMB) is a field course designed to leverage the intellectual power and community of Harvard Business School to address the vital needs of Black-owned enterprises as they face the twin tasks of surviving and growing. The course... View Details

  • 24 Feb 2025
  • Video

Scaling a Family Business to Build Multigenerational Success

  • 27 Feb 2025
  • News

Scaling a Family Business to Build Multigenerational Success

  • 22 Feb 2022
  • News

An Rx for Small Business Recovery

Karen Gordon Mills served in President Barack Obama’s cabinet as head of the Small Business Administration (SBA) during the height of the Great Recession. “Back then, I thought small businesses were... View Details
Keywords: Deborah Blagg
  • 13 Aug 2021
  • Blog Post

Exploring Racial Justice with the Scaling Minority Businesses Course

Stephanie Myles (fellow classmate, rockstar activist, and now dear friend!) and I were teamed up to support Cruz Companies, the largest Black-owned business in Massachusetts, with developing a five-year... View Details
  • 11 Feb 2017
  • News

Harvard Business School Makes a Case for Diversity

shrink the diversity gap. He notes that, with a 35 percent increase in the number of US black-owned firms over the past decade and with black-owned business seen as the largest... View Details
  • Web

Agents of Change: The Founding of the AASU - The Value of Business Education

Atlanta Life Insurance Company (today the Atlanta Life Financial Group), founded by his father Alonzo. Atlanta Life became one of the most significant Black-owned businesses in the United States. Herndon... View Details
  • 25 Apr 2014
  • Video

Selena Cuffe - Making A Difference

  • 26 Jun 2020
  • Video

Peter Vundla

Peter Vundla, who co-founded the first Black-owned advertising agency in South Africa in 1991, discusses how the business started by exploiting the fact that White-owned companies had no understanding of Black... View Details
  • 28 Aug 2020
  • Video

Peter Vundla

Peter Vundla, who co-founded the first Black-owned advertising agency HerdBuoys in South Africa in 1991, discusses how the business started by exploiting the fact that white-owned companies had no understanding of Black consumers and their languages, and by providing a... View Details
  • 2023
  • Working Paper

Applications or Approvals: What Drives Racial Disparities in the Paycheck Protection Program?

By: Sergey Chernenko, Nathan Kaplan, Asani Sarkar and David S. Scharfstein
We use the 2020 Small Business Credit Survey to study the sources of racial disparities in use of the Paycheck Protection Program (PPP). Black-owned firms are 8.9 percentage points less likely than observably similar white-owned firms to receive PPP loans. About 55% of... View Details
Keywords: Borrowing and Debt; Small Business; Race; Financing and Loans
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  • February 2024 (Revised May 2024)
  • Case

Johnson Security Bureau: Building Multigenerational Success

By: Henry McGee, Annelena Lobb and David Muoser
Jessica Johnson-Cope, CEO of Johnson Security Bureau (JSB), pondered options for scaling the firm. JSB was the oldest Black-owned security firm in New York, and among the oldest Black-owned security firms in the United States. It provided mostly unarmed security guards... View Details
Keywords: Business Growth and Maturation; Gender; Race; Cybersecurity; Growth and Development Strategy; Competitive Strategy; Expansion; New York (state, US)
Related
  • 26 Jun 2020
  • Video

Peter Vundla

Peter Vundla, who co-founded the first Black-owned advertising agency in South Africa, discusses how he discerned the importance of strong values in business success, and resolved to place integrity at the... View Details