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Entrepreneurship




 Nur Suhaili Ramli
University of York, UK
 Key factor in economic development
 Not understood as part of specific social class
 Not restricted to any certain occupational background
 Positive characteristics
 Organized and manage business undertaking
 Risk for the sake of profit
 Opportunity, makes plan, start business
 Identify needs that newcomer community has not had
    satisfied
   Low profit margin
   Long working hours
   Chain migration
   Niche business
   Process of globalization
   Important role in disseminating innovative new
    products and processes
 Various obstacles that prevent to find a job
 Lack of capital
   No access to formal financial sources
   Rotating Credit Association
 Long work hours spent
 Co ethnic employees (solidarity)
 Ethnic market niche (e.g. ethnic products)
 Middle-age male immigrants
 Endogamous marriage (provide help in business)
 Start business to take advantage of business opportunity
 Highly educated
    Hold a host-country university degree
 Part of culture in the business
 Contribution to the economy
 Proficient in English
 Industries of mainstream entrepreneurs of the host
    country
   Hire host country employees
   Middle-age male immigrants
   Better access to start-up capital
   Integrated in their host country
 Determination and commitment
 Premigration entrepreneurial mentality
 Ethnic network
 Ethnic market niche
 Risk management
 Managerial skills
 Innovative ideas
 Government pro-immigrant business programs
 Most important factor by Schumpeter. He defines “
 such changes in economic life as are not forced upon it
 from without but arise by its own initiative, from
 within.” (Schumpeter, 1961).
 Opportunities in foreign market
 Lack of business aid source in home country ( e.g.
    bias)
   Looking better business survival
   Opportunity immigrant entrepreneurs
   International networking and market
   Frustration
   Motivation
 United States    42.8 millions
 Russia           12.3 millions
 Germany          10.8 millions
 Saudi Arabia     7.3 millions
 Canada           7.2 millions
 United Kingdom   7 .0 millions
 Spain            6.9 millions
 France           6.7 millions
 Australia        5.5 millions
 India            5.4 millions
 India           19.3%
 Poland          14%
 China           10.0%
 Pakistan        6.0%
 Romania         4.9%
 United States   4.8%
 Germany         4.1%
 Ireland         3.7%
 Definite job
   High skilled workers been relocated
 Looking for work
   Either with tertiary education or no education
 Family (Accompanied the entrepreneurs)
 Student (Formal tertiary study)
 No reason stated
 Others (working holidays, asylum)
 Passenger survey 2007
 Development Prospects Group, UNDP 2009
 The Economist Pocket World in Figures 2013 Edition
 The success factors of necessity immigrant
  entrepreneurs: in search of a Model by Elie
  Chrysostome, 2010.
 Entrepreneurs because they are immigrants or
  immigrants because they are entrepreneurs? A critical
  examination of the relationship between the
  newcomers and the establishment by Prescott C.
  Ensign and Nicholas P.Robinson, 2011

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Business History: Defining Concepts on Immigrant Entrepreneurship

  • 1. Entrepreneurship Nur Suhaili Ramli University of York, UK
  • 2.  Key factor in economic development  Not understood as part of specific social class  Not restricted to any certain occupational background  Positive characteristics  Organized and manage business undertaking  Risk for the sake of profit  Opportunity, makes plan, start business
  • 3.  Identify needs that newcomer community has not had satisfied  Low profit margin  Long working hours  Chain migration  Niche business  Process of globalization  Important role in disseminating innovative new products and processes
  • 4.  Various obstacles that prevent to find a job  Lack of capital  No access to formal financial sources  Rotating Credit Association  Long work hours spent  Co ethnic employees (solidarity)  Ethnic market niche (e.g. ethnic products)  Middle-age male immigrants  Endogamous marriage (provide help in business)
  • 5.  Start business to take advantage of business opportunity  Highly educated  Hold a host-country university degree  Part of culture in the business  Contribution to the economy  Proficient in English  Industries of mainstream entrepreneurs of the host country  Hire host country employees  Middle-age male immigrants  Better access to start-up capital  Integrated in their host country
  • 6.  Determination and commitment  Premigration entrepreneurial mentality  Ethnic network  Ethnic market niche  Risk management  Managerial skills  Innovative ideas  Government pro-immigrant business programs
  • 7.  Most important factor by Schumpeter. He defines “ such changes in economic life as are not forced upon it from without but arise by its own initiative, from within.” (Schumpeter, 1961).
  • 8.  Opportunities in foreign market  Lack of business aid source in home country ( e.g. bias)  Looking better business survival  Opportunity immigrant entrepreneurs  International networking and market  Frustration  Motivation
  • 9.  United States 42.8 millions  Russia 12.3 millions  Germany 10.8 millions  Saudi Arabia 7.3 millions  Canada 7.2 millions  United Kingdom 7 .0 millions  Spain 6.9 millions  France 6.7 millions  Australia 5.5 millions  India 5.4 millions
  • 10.  India 19.3%  Poland 14%  China 10.0%  Pakistan 6.0%  Romania 4.9%  United States 4.8%  Germany 4.1%  Ireland 3.7%
  • 11.  Definite job  High skilled workers been relocated  Looking for work  Either with tertiary education or no education  Family (Accompanied the entrepreneurs)  Student (Formal tertiary study)  No reason stated  Others (working holidays, asylum)
  • 12.  Passenger survey 2007  Development Prospects Group, UNDP 2009  The Economist Pocket World in Figures 2013 Edition  The success factors of necessity immigrant entrepreneurs: in search of a Model by Elie Chrysostome, 2010.  Entrepreneurs because they are immigrants or immigrants because they are entrepreneurs? A critical examination of the relationship between the newcomers and the establishment by Prescott C. Ensign and Nicholas P.Robinson, 2011