Latino/Hispanic-Owned Businesses represent economic growth opportunities in every community where they do business. In a globalized world, growth for firms can come from selling into markets beyond one's domestic borders. In a globalized world, growth for firms can come from selling into markets beyond one's domestic borders. In a globalized world, company efficiencies can be found in sourcing materials, equipment, and supplies from international vendors. Globally integrated firms take full advantage of the benefits of globalization because thy combine those twin perspectives.
Illinois has the fifth largest concentration of Hispanics and Hispanic-Owned Businesses (HOBs) in the United States. In a region rich with both the vitality of Hispanic entrepreneurs and with geographic clusters of firms that make connections to global communities easier, and important question to ask is: How well are Latino businesses partaking of global opportunities? The research presented in this report attempts to answer that question.
This research was conducted as a joint project between the Brennan School of Business, Dominican University, and the Illinois Hispanic Chamber of Commerce.
To view the report, click here.