Entrepreneurial potentials of African‐Caribbeans in the United Kingdom

Many researchers attribute poor performance of African‐Caribbean business people down to their ethnic backgrounds and traits. The purpose of this research was to investigate if African‐Caribbean business people possess entrepreneurial quality.

A sample population of 400 (with 150 contributing) African‐Caribbean business owners in London was surveyed using a questionnaire. Selected business owners were also interviewed.

The analysis and tests carried out conclusively disproved the hypothesis that African‐Caribbeans are devoid of entrepreneurial attributes.

The data collection was limited to African‐Caribbean business owners in London. A generalisation should not be attempted to reflect on all African‐Caribbean business owners. Further research is planned in the near future.

The results of this research show that African‐Caribbean business owners have entrepreneurial tendencies, and that financial institutions and authorities at national and regional levels may want to consider this in their business approaches.

The African‐Caribbean businesspersons were subjected to a “litmus test” in order to discover whether they are entrepreneurial. The authors developed an ANN and the E‐Factor models and both models offer the originality.