Indian Entrepreneurial Success in the United States, Canada and the United Kingdom

Abstract

Indian immigrants in the United States and other wealthy countries are successful in entrepreneurship. Using census data from the three largest developed countries in the world receiving Indian immigrants - the United States, United Kingdom and Canada - the authors examine the performance of Indian entrepreneurs and the causes of their success. In the United States, Indian entrepreneurs have average business income that is substantially higher than the national average and is higher than any other immigrant group. High levels of education among Indian immigrants in the United States are responsible for nearly half of the higher level of entrepreneurial earnings while industry differences explain an additional 10 percent. In Canada, Indian entrepreneurs have average earnings slightly below the national average but they are more likely to hire employees, as are their counterparts in the United States and United Kingdom. The Indian educational advantage is smaller in Canada and the United Kingdom contributing less to their entrepreneurial success.

Keywords: entrepreneurship, immigration, Indian migrants

JEL Classification: L26, J15