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Dear Colleagues,

I take the liberty to announce a new book, American Indian Business: Principles and Practices (Deanna M. Kennedy, Charles F. Harrington, Amy Klemm Verbos, Daniel Stewart, Joseph Scott Gladstone and Gavin Clarkson, Eds., published by University of Washington Press).

American Indian business is booming. The number of American Indian and Alaska Native-owned businesses increased by 15.3 percent from 2007 to 2012-a time when the total number of U.S. businesses increased by just 2 percent-and receipts grew from $34.4 million in 2002 to $8.8 billion in 2012. Despite this impressive growth, there is an absence of small businesses on reservations, and Native Americans own private businesses at the lowest rate per capita for any ethnic or racial group in the United States. Many Indigenous entrepreneurs face unique cultural and practical challenges in starting, locating, and operating a business, from a perceived lack of a culture of entrepreneurship and a suspicion of capitalism to the difficulty of borrowing start-up funds when real estate is held in trust and cannot be used as collateral.

This book provides an accessible introduction to American Indian businesses, business practices, and business education. Its chapters cover the history of American Indian business from early trading posts to today's casino boom; economic sustainability, self-determination, and sovereignty; the importance of economic development; and business ethics. More topics are listed on the book's website.

Most important, American Indian Business furthers the inclusion of Indigenous perspectives in the study of American business practices in general and demonstrates the significant impact that American Indians have on business, as well as their cultural contributions to management, leadership, marketing, economic development, and entrepreneurship. Most of the editors and many contributors are members of Native American tribes.

All of the royalties from this book is being donated to The PhD Project. Five of the editors and some chapter contributors are Project alumni, and this book might not exist today if it wasn't for The Project connecting us together.

Founding Chair, Academy of Management Native, Aboriginal

& Indigenous Peoples Caucus