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(62)
- News (21)
- Research (15)
- Multimedia (2)
- Faculty Publications (15)
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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
Aneja, Abhay, Michael Luca, and Oren Reshef. "The Benefits of Revealing Race: Evidence from Minority-owned Local Businesses." Harvard Business School Working Paper, No. 23-042, January 2023. (Revised September 2023.)
- 19 Apr 2021
- News
Supplier Diversity Programs Are Failing Black-Owned Businesses
- 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
- 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
- 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
- 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
- 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
- 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
- Web
Engage with the broader business community to promote racial equity. - Advancing Racial Equity
make sure that our vendors include a greater share of Black-owned businesses (including advising Black-owned businesses on how to become HBS... View Details
- 25 Apr 2014
- Video
Selena Cuffe - Making A Difference
- 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
Chernenko, Sergey, Nathan Kaplan, Asani Sarkar, and David S. Scharfstein. "Applications or Approvals: What Drives Racial Disparities in the Paycheck Protection Program?" NBER Working Paper Series, No. 31172, April 2023.
- 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
- January 2024
- Case
Vibrant Health
By: Henry McGee and Sarah Mehta
This case is about nutritional supplements company Vibrant Health, among the 100 largest Black-owned businesses in the U.S. After acquiring the company from its white founder in 2007, co-owners Ted and Paige Parker significantly grew its sales. Set in September 2023,... View Details
- 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)
McGee, Henry, Annelena Lobb, and David Muoser. "Johnson Security Bureau: Building Multigenerational Success." Harvard Business School Case 824-040, February 2024. (Revised May 2024.)
- 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