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A National Profile of Latino Serial Entrepreneurs in the United States of America

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  • Michael J. Pisani

    (Department of Management, College of Business Administration, Central Michigan University, 200 Smith Hall, Mt. Pleasant, MI 48859, USA)

Abstract

This study examines the scope and determinants of serial entrepreneurship among employer firms of Latino-owned businesses (LOBs) in the USA. The primary data are derived from the 2023 Stanford Latino Entrepreneurship Initiative nationally representative survey of 5102 LOBs and Latino entrepreneurs. The scope of Latino serial entrepreneurship—entrepreneurs who have started more than one business—reveals approximately 30% of Latino entrepreneurs have started two or more enterprises. The determinants of serial entrepreneurship are derived from entrepreneur demographics, utilizing binomial logistic regression to predict the odds of Latino serial entrepreneurship. Findings suggest Latino serial entrepreneurs are more likely to be male, native US-born, identify less as Latino, reside in the Midwest and South, possess high levels of education, and are of Mexican descent.

Suggested Citation

  • Michael J. Pisani, 2024. "A National Profile of Latino Serial Entrepreneurs in the United States of America," Businesses, MDPI, vol. 4(3), pages 1-12, September.
    • Handle: RePEc:gam:jbusin:v:4:y:2024:i:3:p:26-437:d:1470678
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    References listed on IDEAS

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    1. Francine Lafontaine & Kathryn Shaw, 2016. "Serial Entrepreneurship: Learning by Doing?," Journal of Labor Economics, University of Chicago Press, vol. 34(S2), pages 217-254.
    2. Emanuela Carbonara & Hien Thu Tran & Enrico Santarelli, 2020. "Determinants of novice, portfolio, and serial entrepreneurship: an occupational choice approach," Small Business Economics, Springer, vol. 55(1), pages 123-151, June.
    3. Parker, Simon C., 2013. "Do serial entrepreneurs run successively better-performing businesses?," Journal of Business Venturing, Elsevier, vol. 28(5), pages 652-666.
    4. Michael J. Pisani & Alfonso Morales, 2020. "Informality and Latino‐Owned Businesses: A National Portrait of Unregistered Latino‐Owned Businesses," Social Science Quarterly, Southwestern Social Science Association, vol. 101(2), pages 588-603, March.
    5. George J. Borjas, 1986. "The Self-Employment Experience of Immigrants," Journal of Human Resources, University of Wisconsin Press, vol. 21(4), pages 485-506.
    6. A. Amaral & Rui Baptista & Francisco Lima, 2011. "Serial entrepreneurship: impact of human capital on time to re-entry," Small Business Economics, Springer, vol. 37(1), pages 1-21, July.
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