Leo T. reviewed On My Own : Korean Businesses and Race Relations in America on + 1775 more book reviews
We used some of this book to consider why relatively few Black Americans go into business for themselves. Korean immigrants descended on South Central LA, for example, but were perceived as doing little to hire and develop the skills of locals. Thus the Rodney King riot....
The text is quite scholarly and one needs to be especially interested in the subject.
The peripheral sector of open markets: "According to Piore (1979) product markets tend to be separated into two noncompeting sectors: a primary sector, in which large-scale firms cater to the predictable and largely stable segment of demand, and a peripheral sector, in which smaller-scale firms cater to the unpredictable and/or fluctuation in portion of demand. In the peripheral sector, immigrant and ethnic small businesses have a competitive edge over large businesses, which to not wish to contend with unstable demands for production, low economies of scale, and small, overly differentiated markets. The garment industry is a good example of how the division of labor between large manufacturers and small subcontractors provides business opportunities to small-scale immigrant businesses (40)."
The text is quite scholarly and one needs to be especially interested in the subject.
The peripheral sector of open markets: "According to Piore (1979) product markets tend to be separated into two noncompeting sectors: a primary sector, in which large-scale firms cater to the predictable and largely stable segment of demand, and a peripheral sector, in which smaller-scale firms cater to the unpredictable and/or fluctuation in portion of demand. In the peripheral sector, immigrant and ethnic small businesses have a competitive edge over large businesses, which to not wish to contend with unstable demands for production, low economies of scale, and small, overly differentiated markets. The garment industry is a good example of how the division of labor between large manufacturers and small subcontractors provides business opportunities to small-scale immigrant businesses (40)."
