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New Research Article on Differences Between Latino-Owned Businesses and White-, Black-, or Asian-Owned Businesses

September 4, 2018 by Craig Wesley Carpenter

Growth of the U.S. Latino population translates into policy interest of how business owner, firm, and local characteristics may be different for Latinos. To explore ethnicity and business ownership, this study merges restricted-access data from 11 million businesses. Multinomial logistic regression estimates how characteristics associate with the probability of the business being Latino-owned relative to White-owned, Black-owned, or Asian-owned. There are differences in the source and amount of start-up funds, gender, and the sector of the business. The differences depend on the group to which Latinos are being compared; for example, manufacturing firms are less likely to be Latino owned than White owned, but more likely to be Latino owned than Black owned. An exception is college education and rurality; Latino owners are consistently less likely to be college educated and more likely to locate in rural areas than the other ethnic minorities. The results should be helpful to groups attempting to improve Latino business outcomes.

To read more, read the full article here: http://journals.sagepub.com/doi/full/10.1177/0891242418785466

Filed Under: New Research Tagged With: Big data, Entrepreneurship, Hispanic, Latino, research, Small Business

AgriLife Extension economist (yours truly) leads rural military entrepreneurship study

August 20, 2018 by Craig Wesley Carpenter

A team of researchers have received a $500,000 grant from the U.S. Department of Agriculture to create guidelines to better assist rural military veteran business owners.

Dr. Craig Carpenter, a Texas A&M AgriLife Extension Service economist in College Station, is leading a group looking to identify business entrepreneurship opportunities for rural U.S. military veterans.

Read the full article here: https://today.agrilife.org/2018/08/17/agrilife-extension-economist-leads-rural-military-entrepreneurship-study/

Filed Under: Data, New Research Tagged With: Big data, community involvement, Data, economic development, Entrepreneurial Communities, Entrepreneurship, Extension, Small Business

New Research on Latino Self-Employment

August 17, 2018 by Craig Wesley Carpenter

My colleague and I employ U.S. Census Bureau data from cities of 10,000 or more to examine the impact of immigrants in American cities on self-employment and median income. The results show that self-employment has a statistically significant and positive impact on median income and immigrant population. When controlling for race populations, lagged immigrant population has a negative impact on self-employment, but removing the Hispanic control causes this relationship to become statistically insignificant. In other words, Hispanics, not other ethnicities, drive much of the self-employment in U.S. cities. An implication is that more attention to helping Hispanic business owners succeed and expand their businesses could benefit the general population of a city.

For more, the full academic journal article is here: http://www.jrap-journal.org/pastvolumes/2010/v47/jrap_v47_n2_a1_carpenter_loveridge.pdf

Filed Under: New Research Tagged With: Entrepreneurship, Hispanic, Latino, research, Small Business

How to Determine the Best Location for Your Business and Create a Business Data Report

June 7, 2018 by Craig Wesley Carpenter

The U.S. Census Bureau recently released a great video explaining how to generate a business report about your potential customers and other businesses like yours for your area or a new market using the Census Business Builder. Check it out below:

Filed Under: Data Tagged With: BR&E, Business Retention and Expansion, Data, economic develop planning, economic development, Entrepreneurial Communities, Entrepreneurship, Industrial clusters, Small Business

How to Access an American Community Survey Data Profile about Your Community

May 22, 2018 by Craig Wesley Carpenter

The U.S. Census Bureau recently released a great video on how to access your local community’s data! Discover an easy way to access socioeconomic, housing, and demographic statistics for you community in the short and accessible video below:

 

Filed Under: Data Tagged With: BR&E, Business Retention and Expansion, Data, economic develop planning, economic development, Industrial clusters

Recruiting Participants for National Project!

April 30, 2018 by Craig Wesley Carpenter

Do you work with retail businesses, for example providing training or consulting services related to business or financial planning, marketing, customer service, or other support services?

We are excited to announce a web-discussion on “Retail Businesses: Resources, Challenges, and Factors Influencing Success.” Your experiences and perspective will provide valuable information as we assess different approaches to help communities identify local industries with strong opportunities and better support those businesses.

Because the webinar will be structured as a discussion, you will learn about what your colleagues nationally are doing and we will share some of the latest statistics and research on local factors that contribute to business success. We hope to learn from your experiences and share that information with others.

Please let us know if you are interested in joining us for this exciting opportunity by completing the information below including the section, “Please tell us about yourself.”  Because we desire a two-way exchange, space is limited. Once we hear from everyone, you will receive a confirmation on the date and time of your scheduled webinar.

This web discussion is part of a larger project “Mapping Economic Opportunity in Rural America: Mining Big Data for Decision Making in Business Development.” This project is supported by the Agricultural and Food Research Initiative Competitive Program of the USDA National Institute of Food and Agriculture (NIFA), grant number 2016-10918. The research was reviewed by the Texas A&M University Institutional Review Board (IRB2017-0056).

To learn more about the larger research and Extension project, visit the announcement at ow.ly/JmNz30cz94I.

If you are interested in volunteering to participate, please reply to Dr. Craig Carpenter (ccarpenter@tamu.edu) with the following information by May 7, 2018. We will select among the common availability to place you into a focus group.

PLEASE INDICATE ALL DATES AND TIMES YOU ARE AVAILABLE. Based on the responses, we will select one date and time for your participation.

May 14, 2018

___ 11am-12pm (EDT); 10-11am (CDT); 9-10am (MDT); 8am-9am (PDT)

___ 1-2pm (EDT); 12-1pm (CDT); 11am-12pm (MDT); 10am-11am (PDT)

___ 3-4pm (EDT); 2-3pm (CDT); 1-2pm (MDT); 12am-1pm (PDT)

 

May 15, 2018

___ 12-1pm (EDT); 11am-12pm (CDT); 10-11am (MDT); 9-10am (PDT)

___ 2-3pm (EDT); 1-2pm (CDT); 12-1pm (MDT); 11am-12pm (PDT)

___ 4pm-5pm (EDT); 3-4pm (CDT); 2-3pm (MDT); 1-2pm (PDT)

 

May 18, 2018

___ 11am-12pm (EDT); 10-11am (CDT); 9-10am (MDT); 8am-9am (PDT)

___ 1-2pm (EDT); 12-1pm (CDT); 11am-12pm (MDT); 10am-11am (PDT)

___ 3-4pm (EDT); 2-3pm (CDT); 1-2pm (MDT); 12am-1pm (PDT)

 

June 18, 2018

___ 11am-12pm (EDT); 10-11am (CDT); 9-10am (MDT); 8am-9am (PDT)

___ 1-2pm (EDT); 12-1pm (CDT); 11am-12pm (MDT); 10am-11am (PDT)

___ 3-4pm (EDT); 2-3pm (CDT); 1-2pm (MDT); 12am-1pm (PDT)

 

June 21, 2018

___ 12-1pm (EDT); 11am-12pm (CDT); 10-11am (MDT); 9-10am (PDT)

___ 2-3pm (EDT); 1-2pm (CDT); 12-1pm (MDT); 11am-12pm (PDT)

___ 4pm-5pm (EDT); 3-4pm (CDT); 2-3pm (MDT); 1-2pm (PDT)

 

June 27, 2018

___ 11am-12pm (EDT); 10-11am (CDT); 9-10am (MDT); 8am-9am (PDT)

___ 1-2pm (EDT); 12-1pm (CDT); 11am-12pm (MDT); 10am-11am (PDT)

___ 3-4pm (EDT); 2-3pm (CDT); 1-2pm (MDT); 12am-1pm (PDT)

 

June 29, 2018

___ 11am-12pm (EDT); 10-11am (CDT); 9-10am (MDT); 8am-9am (PDT)

___ 1-2pm (EDT); 12-1pm (CDT); 11am-12pm (MDT); 10am-11am (PDT)

___ 3-4pm (EDT); 2-3pm (CDT); 1-2pm (MDT); 12am-1pm (PDT)

 

PLEASE TELL US A BIT ABOUT YOURSELF:

State: ________________________

Primary Business Type Supported: __________________________________________

Primary area of work (check all that apply): Urban______ Suburban______ Rural______

Website: _______________________________________________________________

 

Sincerely,

Craig Carpenter, Ph.D.

Assistant Professor and Extension Specialist – Community Economics and Business Development

Texas A&M University | Department of Agricultural Economics

AgriLife Extension Service

ccarpenter@tamu.edu

 

 

Filed Under: Event Announcement, New Research Tagged With: Big data, Community Development, community opportunity matching program, economic develop planning, economic development, Small Business

New Postdoctoral Research and Extension Associate Position at Texas A&M!

March 2, 2018 by Craig Wesley Carpenter

Position Summary:

Texas A&M AgriLife Extension Service seeks a forthcoming or recent PhD as a Postdoctoral Research and Extension Associate to explore determinants of the location of business activities, with particular attention to rural areas of the United States. The associate will collaborate with a research team comprised of senior researchers and Extension professionals from Texas A&M University, Michigan State University, and Iowa State University on a research project conducted with the Federal Statistical Research Data Centers.

In the FSRDC, the associate will work with the Longitudinal Business Database (over 8M observations annually), the Integrated Longitudinal Business Database (over 20M observations annually), and county-level estimates derived from the Annual Retail Trade Survey (about 35,000 observations annually) and the Annual Survey of Manufacturers (about 70,000 observation annually). These databases will be merged with public data on other community characteristics.  Following initial data management activities, the associate will execute the following activities:

  • Model specification analysis and discussion in the FSRDC
  • Actively engage with the research team to develop Extension curriculum, programming, and training
  • Prepare numerous refereed journal articles related to one or more of the following broad areas:
    • Rural community industrial perceptions
    • Comparison of various thresholds measures
    • Community-opportunity matching program evaluation
    • Policy implications for thresholds and development
    • Various specific industry demand and supply thresholds
  • May participate in proposals to obtain external funding

The position will be appointed for twelve months, and pending performance review, extended up to 20 months. Through the experience with the research team and the FSRDC, the associate will complement the strong disciplinary training of their PhD program with exposure to a broad range of sciences and learning-by-doing in rural development Extension curriculum design and pilot testing.

The position will be located in College Station, Texas, though the Extension programming will be nationwide, allowing the successful candidate to build a national profile.

At the end of their post-doctoral experiences, the research and extension associate will enjoy a network of senior academic and policy colleagues from which they may launch a successful career as a faculty member or policy analyst.

The research associate will be compensated commensurate with recent PhDs in their field of study and will have access to health care benefits.

 

Location of Activities:

The successful candidate will be expected to relocate to Texas and will be provided with an office on the Texas A&M University (TAMU) campus in College Station, in close proximity to mentors within the Texas A&M AgriLife Extension Service and the FSRDC. TAMU is distinctive as a student-focused, land-grant, research university, that provides an excellent education at a top-ranked institution by combining teaching, research, and Extension in a rich learning environment. TAMU is listed in the National Science Foundation’s top 20 in several areas.

The position will involve travel to the TAMU FSRDC, located on campus in College Station, and to conferences related to the topics addressed by the associate. Travel in and out of state is necessary to fulfill job responsibilities.

This position is supported by the Agricultural and Food Research Initiative Competitive Program Of The USDA National Institute of Food and Agriculture (NIFA), Award number 2017-67023-26242.

 

Minimum Requirements:

ABD in Agricultural Economics, Economics, or related field, completed by the date of the first day of employment.

Demonstrated interest in topics addressed in project description.

Strong English written and verbal communications skills.

The associate will need to pass a background check and have spent three of the previous five years in the United States, as required to gain access to a Federal Statistical Research Data Center (FSRDC).

Working knowledge of Stata, SAS, or related statistical software available in the FSRDC environment.

 

Desired Qualifications:

PhD in Agricultural Economics, Economics, or related field, completed by the date of the first day of employment.

Academic record of publications related to the issues to be address in project description.

Demonstrated skills in quantitative analysis.

Demonstrated ability to synthesize academic inputs from a wide array of sources.

Understanding of the land grant university system.

Experience working in the FSRDC system or with other systems involving large datasets.

 

Required Application Materials:

Applicants should submit a cover letter, which should address how the post-doctoral experience will help the candidate achieve their ultimate career goals. Candidates holding ABD status should specify their expected date of degree completion. In addition, applicants should provide a curriculum vita, electronic copy of PhD program course transcripts, three (3) letters of reference with email and phone contacts. All application materials should be uploaded to Texas A&M University’s Workday application website: https://tamus.wd1.myworkdayjobs.com/AgriLife_Extension_External/job/College-Station-AL-EXT/Postdoctoral-Extension-Associate_R-002961-1

 

Special Instructions:

Individuals applying for the position should expect to begin working August 2018 after receiving Special Sworn Status from the Department of Commerce, subject to approval for access to an FSRDC.  Individuals who hold ABD status are strongly encouraged to apply, but should expect to finish their PhD before starting the post-doctoral position.

Review of applications will begin April 1, 2018, and will conclude when a successful candidate has been identified.

Filed Under: Event Announcement, Job opening Tagged With: Big data, Community Development, community opportunity matching program, Data, economic develop planning, economic development, Extension, research

Community Development Institute Texas 2018!

February 6, 2018 by Craig Wesley Carpenter

See the announcement here (http://www.lonestar.edu/cdi.htm) and read more from them below. I will be attending as an instructor to discuss the nut and bolts of business retention and expansion! Hope to see you there!

Never before has the practice of community development been more important than it is today. As the world grows smaller through the increased use of global communications, communities of all sizes are finding their boundaries are expanding beyond their city limits. CDI Texas provides practical, interactive, and comprehensive training designed to meet the needs of economic and community development professionals working in a fast paced environment. CDI Texas builds the capacity of individuals and communities to effectively and positively impact economic and social development.

Who Should Attend?
Participants include community and economic development practitioners, city, county and state officials and community volunteers, non-profit staff and board members, chamber staff, private industry, municipal districts, and academics will find the Institute a valuable learning tool for the development of individual and community leadership skills. Attendees will expand their ability to identify community assets, set goals, encourage collaboration, and respond to a broad range of economic and quality of life issues.

Last Day to book:
February 11, 2018

Filed Under: Event Announcement Tagged With: BR&E, Business Retention and Expansion, Business visitation, Community Development, economic development, Entrepreneurial Communities, Entrepreneurship, Small Business

News Coverage on our USDA National Institute of Food and Agriculture Grant!

December 18, 2017 by Craig Wesley Carpenter

The community-opportunity matching program is a program that we are currently developing to match communities and entrepreneurs with opportunities in their area. Specifically, we will use “big data” with details on over 30 million businesses to estimate demand and supply thresholds for every county in the United States!

Read more at: http://www.iowastatedaily.com/news/article_d0dc547a-a6b7-11e7-a5e2-b7b20eb20f95.html

Filed Under: New Research Tagged With: Big data, Extension, research

New Extension Publication on Inclusive Community Assessments

November 2, 2017 by Craig Wesley Carpenter

I just released a new publication on steps communities can take to prepare for an inclusive community assessment! Community assessments are common first steps in economic and community development efforts. It is important to make sure that communities include diverse perspectives to help inform and gain support for those efforts.

Read more at: http://agrilifelearn.tamu.edu/Preparing-for-an-Inclusive-Community-Assessment-p/eag-049.htm

Filed Under: Extension Publication Tagged With: Business Retention and Expansion, Community Development, community involvement, economic develop planning, economic development

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