Research Paper on:
Minority-Owned Business in the UK and USA

Unformatted Sample Text from the Research Paper:
the student will see, there is no statistical data that proves that Asian, or Chinese, businesses fail at a greater rate than businesses owned by Whites. What is presented is  a very thorough examination of small businesses and ethnic minority-owned businesses.] Introduction Small businesses drive a nation forward. The U.S. Small Business Survival Committee offers a list of  ten benefits society gains from small businesses: * Small businesses create the bulk of new jobs. About 75% of new jobs each year come from small businesses (Keating, 2001).  * Small businesses, those companies who employ fewer than 500 people, account for more than 99 percent of all employers (Keating, 2001). * Small businesses employ 51% of private-sector workers  (Keating, 2001). * Small businesses are the larger proportion of exporters, over 96 percent in 1998 (Keating, 2001). * And, it was small businesses that accounted for about 98 percent  of the growth in the number of U.S. exporters between 1992 and 1998 (Keating, 2001). * Small businesses generate 51% of all U.S. private-sector output (Keating, 2001). * Small businesses  account for 47% of sales in the nation (Keating, 2001). * Small businesses produce 55% of innovations (Keating, 2001). * Small businesses produce twice as many product innovations and significant  innovations as large firms, and obtain more patents per sales dollar than large business (Keating, 2001). * Small business ownership has been accelerating among women and minorities (Keating, 2001). In  1982, only 6.8 percent of businesses in the U.S. were owned by minorities; that proportion grew to 14.6 percent in 1997 (Keating, 2001). In 1976, women comprised 22 percent of  all self-employed persons in the U.S.; that grew to 38 percent by 2000 (Keating, 2001). * Additionally, in 1997 in the United States, there were 615,222 minority-owned firms that had