IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/54050.html
   My bibliography  Save this paper

Entrepreneurship and Immigration: A Study of Africans in the Korean Economy

Author

Listed:
  • DeLancey, Rebecca Mbuh

Abstract

Entrepreneurship has long been recognized as an important player in the development of Korea's economy. This is clearly demonstrated in the humble beginnings of Korea's giant conglomerates such as Samsung, Hyundai, Posco, and LG that started as small businesses. This research presents analysis of entrepreneurial activities of African immigrants in Korea. This study combines data from questionnaires of 45 respondents and in-depth interviews with six of the respondents. The findings of this present research are different from other studies in that this study shows how immigrants fill economic gaps by creating employment for themselves while providing needed services to the immigrant and Korean populations. By creating informal employment, immigrants demonstrate that they are assets in their new environments. Coping mechanisms utilized by immigrant entrepreneurs as they confront challenges that might hinder them from pursuing entrepreneurial activities were revealed in this study.

Suggested Citation

  • DeLancey, Rebecca Mbuh, 2014. "Entrepreneurship and Immigration: A Study of Africans in the Korean Economy," MPRA Paper 54050, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:54050
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/54050/1/IJKIB-01-1001.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Bogan, Vicki & Darity Jr., William, 2008. "Culture and entrepreneurship? African American and immigrant self-employment in the United States," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(5), pages 1999-2019, October.
    2. Denis, David J., 2004. "Entrepreneurial finance: an overview of the issues and evidence," Journal of Corporate Finance, Elsevier, vol. 10(2), pages 301-326, March.
    3. Zoltan Acs & László Szerb & Erkko Autio, 2017. "Global Entrepreneurship and Development Index 2016," SpringerBriefs in Economics, Springer, number 978-3-319-63844-7, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bernard Lama Ngota & Sookdhev Rajkaran & Sanjay Balkaran & Eric E Mang’unyi, 2017. "Exploring the African Immigrant Entrepreneurship - Job Creation Nexus: A South African Case Study," International Review of Management and Marketing, Econjournals, vol. 7(3), pages 143-149.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Oasis Kodila-Tedika & Julius Agbor, 2016. "Does Trust Matter for Entrepreneurship: Evidence from a Cross-Section of Countries," Economies, MDPI, vol. 4(1), pages 1-17, March.
    2. Frida Thomas Pacho, 2018. "Diversified Network Effects on Innovation Performance in Tanzania: Innovation Strategy in Service Firms," Journal of Entrepreneurship and Business Innovation, Macrothink Institute, Journal of Entrepreneurship and Business Innovation, vol. 5(1), pages 1-1, December.
    3. William Gale & Samuel Brown, 2013. "Small Business, Innovation, and Tax Policy: A Review," National Tax Journal, National Tax Association;National Tax Journal, vol. 66(4), pages 871-892, December.
    4. Dorine Cornet & Jean Bonnet & Sébastien Bourdin, 2023. "Digital entrepreneurship indicator (DEI): an analysis of the case of the greater Paris metropolitan area," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 71(3), pages 697-724, December.
    5. Cumming, Douglas J., 2005. "Capital structure in venture finance," Journal of Corporate Finance, Elsevier, vol. 11(3), pages 550-585, June.
    6. Ana Venâncio & João Jorge, 2022. "The role of accelerator programmes on the capital structure of start-ups," Small Business Economics, Springer, vol. 59(3), pages 1143-1167, October.
    7. Chiara Pederzoli & Grid Thoma & Costanza Torricelli, 2013. "Modelling Credit Risk for Innovative SMEs: the Role of Innovation Measures," Journal of Financial Services Research, Springer;Western Finance Association, vol. 44(1), pages 111-129, August.
    8. Valérie Revest & Alessandro Sapio, 2012. "Financing technology-based small firms in Europe: what do we know?," Small Business Economics, Springer, vol. 39(1), pages 179-205, July.
    9. Rodrigues Brás Gonçalo & Soukiazis Elias, 2019. "The Determinants of Entrepreneurship at the Country Level: A Panel Data Approach," Entrepreneurship Research Journal, De Gruyter, vol. 9(4), pages 1-17, October.
    10. Muhamad Ahsan & Armanu Thoyib & Achmad Sudiro & Nur Khusniyah Indrawati, 2016. "Developing Entrepreneurial Spirit Based on Local Wisdom," International Journal of Social Science Research, Macrothink Institute, vol. 4(2), pages 44-65, September.
    11. Douglas Cumming & Grant Fleming & Armin Schwienbacher, 2009. "Style Drift in Private Equity," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 36(5‐6), pages 645-678, June.
    12. Jones, Raymond J. & Barnir, Anat, 2019. "Properties of opportunity creation and discovery: Comparing variation in contexts of innovativeness," Technovation, Elsevier, vol. 79(C), pages 1-10.
    13. Lohwasser, Todor S., 2020. "Meta-analyzing the relative performance of venture capital-backed firms," Discussion Papers of the Institute for Organisational Economics 4/2020, University of Münster, Institute for Organisational Economics.
    14. Andy Cosh & Douglas Cumming & Alan Hughes, 2009. "Outside Enterpreneurial Capital," Economic Journal, Royal Economic Society, vol. 119(540), pages 1494-1533, October.
    15. Fabio Bertoni & Massimo G. Colombo & Annalisa Croce, 2010. "The Effect of Venture Capital Financing on the Sensitivity to Cash Flow of Firm's Investments," European Financial Management, European Financial Management Association, vol. 16(4), pages 528-551, September.
    16. László Szerb & Ruta Aidis & Zoltán J. Ács, 2012. "Entrepreneurship in Hungary in 2006-2010 based on the Global Entrepreneurship and Development Index (GEDI) methodology," Proceedings- 10th International Conference on Mangement, Enterprise and Benchmarking (MEB 2012),, Óbuda University, Keleti Faculty of Business and Management.
    17. Vicki L. Bogan & Angela R. Fertig & David R. Just, 2022. "Self-employment and mental health," Review of Economics of the Household, Springer, vol. 20(3), pages 855-886, September.
    18. Deller, Steven C. & Conroy, Tessa & Markeson, Bjorn, 2018. "Social capital, religion and small business activity," Journal of Economic Behavior & Organization, Elsevier, vol. 155(C), pages 365-381.
    19. Stefan Apostol, 2023. "Digitalization and Platformization in Romania Based on the Digital Platform Economy Index 2020," Central European Business Review, Prague University of Economics and Business, vol. 2023(4), pages 77-103.
    20. Charalampos Michael Vlados & Nikolaos Deniozos & Demosthenes Chatzinikolaou, 2018. "Towards A New Approach of Local Development under Crisis Conditions: Empowering the Local Business Ecosystems in Greece, by Adopting a New Local Development Policy," International Journal of Regional Development, Macrothink Institute, vol. 5(1), pages 1-1, December.

    More about this item

    Keywords

    African immigrant entrepreneurs; Korea; entrepreneurial opportunities; entrepreneurial challenges; coping strategies;
    All these keywords.

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:54050. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.