Ethnic entrepreneurship

Ethnic entrepreneurship refers to the businesses and entrepreneurial activities started by individuals from specific ethnic or cultural backgrounds. These entrepreneurs often leverage their unique cultural identity, community networks, and specialized knowledge to serve niche markets or cater to their communities. Ethnic entrepreneurship plays a significant role in economic development, job creation, and promoting diversity in the business landscape. It can help preserve cultural traditions while also fostering innovation and economic growth by contributing to broader societal and economic dynamics.