Background Literature Review

In this chapter, we briefly summarize the literature related to the innovative activity of businesses with different demographic categories of ownership (Link & Strong, 2016). The dominant portion of this literature has focused on gender compared to minority ownership, and we reach that conclusion based on the amount of published research on each topic. Perhaps one explanation for the dominance of gender-related research on innovative activity rests in the fact that there is a paucity of data related to minority ownership and related business activities.