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An often-overlooked opportunity for entrepreneurship is the market segment known as emerging domestic markets (EDM). These low- to moderate-income, communities, ethnic- and women-owned firms, and underinvested urban areas represent a rapidly growing component of the U.S. population. Smart investors seeking untapped opportunities are homing in on such markets. Visionary policy makers recognize that given current demographic trends. America's economic health depends increasingly on the vitality of EDM businesses. At the same time, it is clear that fostering entrepreneurship in emerging domestic markets is challenging on many levels.
Entrepreneurship in Emerging Domestic Markets: Barriers and Innovation explores the key issues surrounding EDM entrepreneurship. Leading researchers and practitioners from the fields of finance, entrepreneurship, economics, and government delve into data to identify the significant stumbling blocks and pose workable solutions. With this volume, the editors aim to provide scholars, investors, policy makers, advocates, and the business community a tool to help leverage the significant entrepreneurial resources in emerging domestic markets.
Note from the Series Editors.- Foreward.- Introduction.- Alleviating the Lagging Performance of Economically Depressed Communities and Regions.- State of Literature on Small to Medium-Size Enterprises and Entrepreneurship in Low-Income Communities.- Does Small Business Administration Guaranteed Lending Improve Economic Performance in Low-Income Areas?.- Stumbling Blocks to Entrepreneurship in Low and Moderate Income Communities.- The Role of Morris Plan Lending Institutions In Expanding Consumer Micro-Credit in the United States.- Policies to Expand Minority Entrepreneurship.- Index.