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| ERIC #: | ED129969 |
| Title: | Small Business Among Koreans in Los Angeles. |
| Authors: | Bonacich, Edna; And Others |
| Descriptors: | Business; Cultural Influences; Economic Factors; Economic Opportunities; Employment Patterns; Ethnic Relations; Immigrants; Korean Americans; Marketing; Occupations; Racial Relations; Retailing; Service Occupations; Social Influences; Urban Population |
| Source: | N/A |
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N/A |
| Publisher: | N/A |
| Publication Date: | 1976-00-00 |
| Pages: | 21 |
| Pub Types: | Reports - Research |
| Abstract: | The purpose of this paper is to describe the character of small business among Koreans in Los Angeles, to examine the means by which Koreans are able to enter small business in an economy which clearly is moving in the opposite direction, and to consider why it is that immigrant small business should flourish within monopoly capitalism. Korean entrepreneurs concentrate heavily in trade and service. Their businesses are small in size and rely little on wage labor. Their clientele is not confined to the ethnic community. These characteristic suggests that Koreans serve as an example of the role of middleman minorities in advanced capitalism. Three possible forces within U.S. monopoly capitalism which encourage Koreans to enter small business are considered. The first is that the system helps to create Korean small business, (1) using Koreans to play a middleman role to the masses, especially low income minorities, (2) helping to distribute corporate profits, and, (3) bearing the brunt of hostility, crime, and low profits accruing to retailers in poor areas. The second approach is to see the monopoly capitalism as somewhat porous, leaving niches which the enterprising small businessman can take advantage of. A third interpretation is that Koreans actively create small business niches within monopoly capitalism. (Author/JM) |
| Abstractor: | N/A |
| Reference Count: | 0 |
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| Note: | N/A |
| Identifiers: | California (Los Angeles) |
| Record Type: | Non-Journal |
| Level: | 1 - Available on microfiche |
| Institutions: | N/A |
| Sponsors: | N/A |
| ISBN: | N/A |
| ISSN: | N/A |
| Audiences: | N/A |
| Languages: | N/A |
| Education Level: | N/A |
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