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Education, Funding and Experience Explain Disparities in Entrepreneurship Success

Education, prior work experience and financial backing are crucial factors in the success of Kauffman Foundationentrepreneurs, according to a new book by Robert W. Fairlie and Alicia M. Robb and funded in part by the Ewing Marion Kauffman Foundation. The book examines why Asian American-owned businesses do well in comparison to white-owned businesses, and African American-owned firms do poorly in relation to both. The book also explores the broader question of why some small businesses succeed and others fail. Read full story:

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