Immigrant Entrepreneurs

A provocative look at the remarkable contributions of high-skill immigrant entrepreneurs in America Both a revelation and a call-to-action, Immigrant, Inc. explores the uncommon skill and drive of America's new immigrants and their knack for innovation and entrepreneurship. From the techies who created icons of the new economy-Intel, Google, eBay and Sun Microsystems-to the young engineers tinkering with solar power and next-generation car batteries, immigrants have proven themselves to be America's competitive advantage. With a focus on legal immigrants and their odyssey from homeland to start-up, this unique book Explores the psyche, cultural nuances, skills, and business strategies that help immigrants achieve remarkable success Explains how immigrants will create the American jobs of the future-if we let them Whether you are a CEO, a civic leader, or an entrepreneur yourself, Immigrant, Inc. warns of the peril of anti-immigrant attitudes and a hostile immigration process. It also explains how any American can tap their "inner immigrant" to transform their lives and their companies. Written by an immigration lawyer who represents immigrant entrepreneurs and a journalist who specializes in international culture, the authors have a front-row seat to this phenomenon, offering a fascinating glimpse into the mindset of the most persistent entrepreneurs of the era.

A decade in preparation, Immigrant Entrepreneurs offers the most comprehensive case study ever completed of the causes and consequences of immigrant business ownership. Koreans are the most entrepreneurial of America's new immigrants. By the mid-1970s Americans had already become aware that Korean immigrants were opening, buying, and operating numerous business enterprises in major cities. When Koreans flourished in small business, Americans wanted to know how immigrants could find lucrative business opportunities where native-born Americans could not. Somewhat later, when Korean-black conflicts surfaced in a number of cities, Americans also began to fear the implications for intergroup relations of immigrant entrepreneurs who start in the middle rather than at the bottom of the social and economic hierarchy. Nowhere was immigrant enterprise more obvious or impressive than in Los Angeles, the world's largest Korean settlement outside of Korea and America's premier city of small business. Analyzing both the short-run and the long-run causes of Korean entrepreneurship, the authors explain why the Koreans could find, acquire, and operate small business firms more easily than could native-born residents. They also provide a context for distinguishing clashes of culture and clashes of interest which cause black-Korean tensions in cities, and for framing effective policies to minimize the tensions.

A third of the world's entrepreneurial activity is driven by women. With the mass movement of people now commonplace, the role of female entrepreneurs in immigrant communities has become an increasingly important component of the world economy, its productivity, and the struggle against poverty. Throwing light on the dynamics of entrepreneurship generally, and on immigrant and female entrepreneurship in particular, the global Female Immigrant Entrepreneurship (FIE) project is a huge and exciting research undertaking. Written by the project's team of researchers based in prestigious business schools and universities on almost every continent, this important book begins the process of discovering why and how female driven business start-ups often seem to spontaneously emerge in adverse environments. Is it randomness, luck, or chance that determine success or failure, or vital critical forces and the inherent qualities of the women involved? The research emerging from the FIE project points to answers to questions about the integration of immigrant communities, their interaction with host economic and business environments, and the role of women in that interaction. With findings from more than fifteen countries, from the USA with some of the world's oldest and largest immigrant communities, to African countries that are the newest destination for Asian migrants, this book will help inform social and economic policy in communities and countries searching for prosperity. More than that, the book offers policy makers, business leaders, and those concerned with business development the chance to uncover some of the mystery around the complex phenomenon of entrepreneurship itself.

A third of the world's entrepreneurial activity is driven by women. With the mass movement of people now commonplace, the role of female entrepreneurs in immigrant communities has become an increasingly important component of the world economy, its productivity, and the struggle against poverty. Throwing light on the dynamics of entrepreneurship generally, and on immigrant and female entrepreneurship in particular, the global Female Immigrant Entrepreneurship (FIE) project is a huge and exciting research undertaking. Written by the project's team of researchers based in prestigious business schools and universities on almost every continent, this important book begins the process of discovering why and how female driven business start-ups often seem to spontaneously emerge in adverse environments. Is it randomness, luck, or chance that determine success or failure, or vital critical forces and the inherent qualities of the women involved? The research emerging from the FIE project points to answers to questions about the integration of immigrant communities, their interaction with host economic and business environments, and the role of women in that interaction. With findings from more than fifteen countries, from the USA with some of the world's oldest and largest immigrant communities, to African countries that are the newest destination for Asian migrants, this book will help inform social and economic policy in communities and countries searching for prosperity. More than that, the book offers policy makers, business leaders, and those concerned with business development the chance to uncover some of the mystery around the complex phenomenon of entrepreneurship itself.

A 2012 ECONOMIST BOOK OF THE YEAR Many of the United States' most innovative entrepreneurs have been immigrants, from Andrew Carnegie, Alexander Graham Bell, and Charles Pfizer to Sergey Brin, Vinod Khosla, and Elon Musk. Nearly half of Fortune 500 companies and one-quarter of all new small businesses were founded by immigrants, generating trillions of dollars annually, employing millions of workers, and helping establish the United States as the most entrepreneurial, technologically advanced society on earth. Now, Vivek Wadhwa, an immigrant tech entrepreneur turned academic with appointments at Duke, Stanford, Emory, and Singularity Universities, draws on his new Kauffman Foundation research to show that the United States is in the midst of an unprecedented halt in high-growth, immigrant-founded start-ups. He argues that increased competition from countries like China and India and US immigration policies are leaving some of the most educated and talented entrepreneurial immigrants with no choice but to take their innovation elsewhere. The consequences to our economy are dire; our multi-trillion dollar loss will be the gain of our global competitors. With his signature fearlessness and clarity, Wadhwa offers a concise framework for understanding the Immigrant Exodus and offers a recipe for reversal and rapid recovery.

Transnational and Immigrant Entrepreneurship in a Globalized World brings together leading international scholars from a cross-disciplinary basis to examine the economic, social, regulatory, technological, and theoretical issues related to the impact of transnational entrepreneurs on business and economic development.

This book examines the advantages and disadvantages of Korean immigrant entrepreneurs in the mainstream labor market. Immigrants to the U.S. have historically pursued entrepreneurship as a means of achieving economic affluence. Among immigrants since the 1965 Immigration Amendment Act, Koreans have one of the highest rates of entrepreneurship. This study investigates various structural elements, including enclave and non-enclave economies, to uncover interconnections with personal advantages such as capacities for resource mobilization through networks and human capital utilized to establish businesses. The results show that networks are the most prominent resources that Korean immigrants use for business establishment. However, networks are divided into two elements: family and social. The examination of both types of networks shows how they operate differently and generate different intrinsic to business establishment. Although previous studies have recognized the economic advantages of immigrants with higher educational backgrounds, this study further demonstrates how higher human capital is utilized through network establishment to benefit business establishment. Also, counter to traditional belief, it is found that ethnic resources are not especially crucial resources for starting a business, but are useful after businesses are established.