Motivations for Entrepreneurship among Mexican Americans and White
Abstract
Using the 2003 and 2005 National Minority Business Owner Surveys (NMBOS), this analysis examines the association between individual psychological motivations for owning a business and perceived success of the business among Mexican American business owners and compares the results to White business owners. While our results show significant differences in the motivations for starting a new business between Mexican American and White business owners, there were no significant ethnic differences on perceived success. Policy implications are discussed.