Opportunity recognition in immigrant entrepreneurship through social capital and geographical proximity: a conceptual framework
The purpose of this paper is to present a conceptual framework of the role of social capital as an ultimate resource for immigrant entrepreneurs in recognising entrepreneurial opportunities. Research consistently reveals that immigrants have higher tendency to engage in entrepreneurial activities...
Saved in:
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2020
|
| Online Access: | http://journalarticle.ukm.my/15838/1/37979-135154-1-PB.pdf http://journalarticle.ukm.my/15838/ http://ejournals.ukm.my/gmjss/issue/view/1306 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | The purpose of this paper is to present a conceptual framework of the role of social capital as an
ultimate resource for immigrant entrepreneurs in recognising entrepreneurial opportunities.
Research consistently reveals that immigrants have higher tendency to engage in entrepreneurial
activities in countries where they reside. Based on a review of existing literature, resources such
as human, social, and financial capital facilitate immigrants to pursue entrepreneurial activities.
In recognising business opportunities, social contexts have immensely influenced the
entrepreneurial process. However, the role of social capital as an ultimate resource for immigrant
entrepreneurship have yet to be comprehensively understood. Social capital is significantly
related to the information flows, the trust and norms between individuals. Additionally, the
geographical proximity between immigrants and their co-ethnic groups and local communities
which enable more rigorous social exchanges plays prevalence role for immigrants to pursue
entrepreneurial activities. Therefore, we could argue that the social capital and immigrant
entrepreneurs’ geographical proximity are crucial constructs for immigrant entrepreneurs to
recognise opportunities for their business ventures in a host country. The review of past literature
enables us to develop a conceptual framework on how social capital and geographical proximity
may assist the opportunity recognition of immigrant entrepreneurs. The proposed conceptual
framework offers three general propositions than can be empirically validated in future research.
This paper contributes to enhance the understanding of immigrant entrepreneurship from the lens
of opportunity recognition, social capital and geographical proximity. |
|---|