Banking on Black Enterprise: The Potential of Emerging Firms for Revitalizing Urban Economies

Paperback (Print)
Buy New
Buy New from
Used and New from Other Sellers
Used and New from Other Sellers
from $1.99
Usually ships in 1-2 business days
(Save 95%)
Other sellers (Paperback)
  • All (9) from $1.99   
  • New (3) from $42.54   
  • Used (6) from $1.99   


Since the 1960s, black businesses have been diversifying and expanding in response to increases in entrepreneurial talent and investment capital. Opportunities created by policies such as procurement set-aside programs have induced better educated, younger blacks to create and expand firms in new lines of business, including wholesaling, contracting, and skill-intensive services. Bates argues that targeting assistance toward these emerging small businesses could go far toward halting the chronic drain of capital and skills suffered by our nation's inner cities. For the research in this book, Bates has been quoted most recently in The Economist and, twice, in The Wall Street Journal, whose editors described him as 'the reigning expert on minority business.' In 1993 Banking was cited in Congressional hearings for its evidence of the positive impact that greater investment in minority-owned firms could have on inner-city poverty.

Read More Show Less

Editorial Reviews

The book provides an excellent statistical picture of the nature and evolution of black-owned business in America.
[Bates]...shows that minority employers offer the best hope for solving the inner-city and minority unemployment crises. Highly recommended for business and public policy collections.
The book provides an excellent statistical picture of the nature and evolution of black-owned business in America.
Booklist - Franklin Lee
Timothy Bates' Banking on Black Enterprise is a crowning achievement, a definitive public policy manifesto for our cities. It should be required reading for every urban policy maker on Capitol Hill and across the nation.
Booklist - Bennett Harrison
Tim Bates' superbly well-documented book on the new class of black businesses in America points the way.
Booklist - Edward D. Irons
Bankers, bank regulators, business executives, Congress, the executive branch, and state and local officials might do well to read this book.
Read More Show Less

Product Details

  • ISBN-13: 9780941410946
  • Publisher: University Press of America
  • Publication date: 3/28/1993
  • Edition description: New Edition
  • Pages: 190
  • Product dimensions: 5.64 (w) x 9.14 (h) x 0.40 (d)

Meet the Author

Timothy Bates is chairman of the Urban Policy Analysis Program at the New School for Social Research. His earlier books include Major Studies of Minority Business (1992) and The Political Economy of the Urban Ghetto (1984).

Read More Show Less

Table of Contents

List of Tables
About the Author
Summary of Findings
1 Introduction 1
2 Traditional and Emerging Lines of Black Enterprise 17
3 Why Black Firms Fail 31
4 The Urban Ghetto Milieu 59
5 Firm Location and Bank Redlining 73
6 Black Mayors and the Impact of Set-Asides 93
7 Public Policy That Would Make a Difference 107
App. A: The Characteristics of Business Owners Database 123
App. B: Summary Tables and Econometric Models for Chapter Three 125
App. C: Summary Tables and Econometric Models for Chapter Five 135
Notes 141
Bibliography 147
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star


4 Star


3 Star


2 Star


1 Star


Your Rating:

Your Name: Create a Pen Name or

Barnes & Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation


  • - By submitting a review, you grant to Barnes & and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Terms of Use.
  • - Barnes & reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)