Ethnic Pluralism, Immigration, and Entrepreneurship
40 Pages Posted: 25 Oct 2018
Date Written: October 2, 2018
We consider the effects of immigration and ethnicity on entrepreneurship, distinguishing between the individual traits and the environmental characteristics. We look beyond the resource-opportunity framework and occupational choice: culture and values matter. Yet, instead of assigning the latter to specific ethnic features, we relate them to both immigration, and to the social environment defined by the share of immigrants, and by ethnic diversity. Empirical evidence we provide is based on Global Entrepreneurship Monitor UK data, 2003-2013. Having more immigrants in the locality enhances entrepreneurship. With increase in ethnic diversity, the likelihood of being engaged in start-up activity decreases, then increases.
Keywords: Entrepreneurship, Migration, Ethnicity, Diversity, United Kingdom, Global Entrepreneurship Monitor
JEL Classification: F22, J15, J61, L26, R23
Suggested Citation: Suggested Citation