16396: Addressing the Broken Link Between Entrepreneurship and Closing of Racial-Wealth Gap

Saturday, July 26, 2025

08:30 - 10:30 CEST (GMT+2)

Location: Bella Center: Hall C- C3-m11

Session Type: PDW (workshop)
Orientation: Practice,Research,Diversity
Shareable link: https://cdmcd.co/bRam5g

Organizer(s)

DA

Daniel Auguste

Babson College, United States

Panelist(s)

MR

Martin Ruef

Duke University, United States
CR

Chris I. Rider

University of Michigan, United States
AB

Anastasia Veronica Graham Bailey

Rutgers Business School, United States
FD

Frederic Delmar

emlyon business school, France
KQ

Kunyuan Qiao

Northeastern University, United States
DH

Douglas Hannah

Boston U., United States
V

Venkat Kuppuswamy

Northeastern University, United States

Facilitator(s)

PK

Phillip H. Kim

Babson College, United States
JS

Jesper B. Sorensen

Stanford University, United States
ZL

Zhenyu Liao

Northeastern U., United States
SJ

Summer Jackson

Harvard Business School, United States
KH

Kylie Jiwon Hwang

Northwestern Kellogg School of Management, United States

Increasing entrepreneurship among racial minority populations is widely considered an effective strategy for helping close the racial wealth gap in the United States. Yet, racial minority founders experience lower wealth mobility and higher rates of business failure than their white counterparts. This PDW aims at stimulating research on structural barriers to business success among racial minority populations by focusing on two key dimensions of the entrepreneurial ecosystem: (1) the labor market opportunity structure, and (2) community-level wealth endowment as indicators of the strength of a community’s entrepreneurship ecosystem. The objective is to promote policies for strengthening the entrepreneurial ecosystem for the emergence of high-growth, innovative, and wealth-generating venture creation among racial-minority populations.