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  • January 2023
  • Article

Social Networks, Ethnicity, and Entrepreneurship

By: William R. Kerr and Martin Mandorff
We study the relationship between ethnicity, occupational choice, and entrepreneurship. Immigrant groups in the United States cluster in specific business sectors. For example, Koreans are 34 times more concentrated in self-employment for dry cleaning than other... View Details
Keywords: Self-employed; Occupation; Entrepreneurship; Ethnicity; Immigration; Networks
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  • 2020
  • Working Paper

Social Networks, Ethnicity, and Entrepreneurship

By: William R. Kerr and Martin Mandorff
We study the relationship between ethnicity, occupational choice, and entrepreneurship. Immigrant groups in the United States cluster in specific business sectors. For example, Koreans are 34 times more concentrated in self-employment for dry cleaning than other... View Details
Keywords: Self-employed; Occupation; Entrepreneurship; Social Entrepreneurship; Industry Clusters; Ethnicity; Immigration; Networks; United States
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  • June 2007 (Revised March 2008)
  • Case

Zoots - Financing Growth (A)

By: Michael J. Roberts, William A. Sahlman and Todd Krasnow
Traces the genesis and founding of Zoots, the largest chain of dry cleaning establishments in the U.S. Founded by some of the founders of the very successful Staples chain, the company raises a very large amount of capital without fully proving its business model, and... View Details
Keywords: Business Startups; Decision Choices and Conditions; Venture Capital; Financial Strategy; Investment Return; Growth and Development Strategy; Valuation; United States
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  • 20 Oct 2015
  • First Look

October 20, 2015

illustrative example, we show that production subsidies of higher investment and production cost technologies (such as carbon capture and storage technologies) have no effect on the firm's optimal total capacity when firms own a portfolio of both View Details
Keywords: Sean Silverthorne
  • 25 Jun 2018
  • Research & Ideas

In America, Immigrants Really Do Get the Job Done

economy,” says Kerr, adding that the phenomenon cuts across industries, with lower-skilled immigrants opening up dry cleaning businesses, restaurants, and autobody shops, and higher-skilled immigrants... View Details
Keywords: by Michael Blanding; Agriculture & Agribusiness; Technology; Service
  • 18 Feb 2019
  • Book

What’s Really Disrupting Business? It’s Not Technology

executives embrace the customer’s vantage point and organize their thinking in terms of three layers. The first layer is to articulate the current or standard business model. After all, most startups need to pull customers away from existing businesses or activities... View Details
Keywords: by Danielle Kost; Beauty & Cosmetics; Insurance; Service; Retail
  • 16 Mar 2020
  • Research & Ideas

How the Coronavirus Is Already Rewriting the Future of Business

movies. Another success is how airlines have trained us all to take part in cleaning the plane before landing. During the final approach, a flight attendant asks over the P.A. that we pass our trash and unused items to a crew member in... View Details
Keywords: by Dina Gerdeman
  • 25 Mar 2001
  • Research & Ideas

Who Wants to Be an Entrepreneur? [Part II]

and a strong likelihood of repeat sales. Krasnow learned that dry cleaning was an $8-billion business in the United States, divided among 34,000 owners who operated 45,000 stores. Customers chose the nearest... View Details
Keywords: by John S. Rosenberg
  • 08 Aug 2016
  • Lessons from the Classroom

Panic Management: Keep Your Eyes on the Road

globalized business world, and technologies that are constantly changing. Within that dynamic environment, a curveball can come from anywhere: a portion of their businesses may suddenly dry up, belt-tightening layoffs may loom, or... View Details
Keywords: by Dina Gerdeman
  • 16 Sep 2013
  • Research & Ideas

Earnings Calls That Get Lost in Translation

questions. The calls are high stakes — a top executive with a murky message can cause share demand to dry up, or worse, a drop in the stock price, faster than you can say, "Outlook is uncertain." Imagine, then, the challenge for... View Details
Keywords: by Dina Gerdeman
  • 24 Jul 2007
  • First Look

First Look: July 24, 2007

window for energy-related companies closes. Purchase this case: http://www.hbsp.harvard.edu/b01/en/common/item_detail.jhtml?id=807092 Zoots—Financing Growth (A) Harvard Business School Case 807-139 Traces the genesis and founding of Zoots, the largest chain of View Details
Keywords: Martha Lagace

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