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Examining the Impact of Symbolic Capital in Ethnic and Diaspora Entrepreneurship

Examining the Impact of Symbolic Capital in Ethnic and Diaspora Entrepreneurship
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Author(s): Sanya Ojo (RDBS, University of East London, UK)
Copyright: 2017
Pages: 24
Source title: Entrepreneurship: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-5225-1923-2.ch047

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Abstract

This chapter aims to advance a structure for understanding the dimensions in ethnic/diaspora entrepreneurship growth and development. Factors influencing the effective development and growth of ethnic enterprises are multidimensional; including capital, strategies, cultural and religious differences, economic situation, and the opportunity structures in the host country. The chapter employs divergent concepts to explain ethnic/immigrants' artefacts', acquired experience, and enterprise process to provide valuable insights to their businesses growth trajectories and susceptibility to failure crises. The paper logically progresses through series of theoretical arguments/supporting reasoning to develop an integrated model; theorizing that exogenous factors are critical drivers of diaspora entrepreneurs' economic growth and socio-political inclusiveness/embeddedness. The integrated model is situated in and developed by recognising patterns of relationships among constructs within and across fields and their underlying valid arguments.

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