Abstract
This study focuses on Wenzhou migrants and explains the developmental path of overseas migrants’ sustained entrepreneurship. It also analyzes how migrant entrepreneurs fit into the Italian culture to improve ambidextrous innovation ability. This paper applies the methods of induction and longitudinal study, conducts case studies on four migrant entrepreneurs, and explores embedding strategies in different developmental stages of entrepreneurship. Our analysis reveals that Wenzhou migrants’ enterprises are able to develop interactive fusion with the Italian culture. The embedded culture also plays different roles in motivating innovation at different stages of entrepreneurship. The types of connections between the Wenzhou migrants’ cluster network and their embedded culture in the regional economy evolves as the stages of entrepreneurship change. These results enrich existing theories and offer valuable insights into the study of overseas migrants’ sustained entrepreneurship.
Highlights
The multipolarization of the world economy that led to a large number of migrations accelerated integration of Chinese overseas immigrants into a wide range of regional economic development
This study focuses on the network development of Wenzhou immigrants in Italy, starting with industrial life cycle theory, embedded network theory, and ambidextrous innovation theory, exploring the impact of different forms of embeddedness on ambidextrous innovation at various stages of entrepreneurship
With meticulous division of labor and full exploitation of social capital, they reduced the barriers to new entrants during the start-up phase
Summary
The multipolarization of the world economy that led to a large number of migrations accelerated integration of Chinese overseas immigrants into a wide range of regional economic development. Chinese immigrants are combining their social capital and local innovation factors to create significant wealth for individuals, families, cluster networks, and even local economic development. This population plays an important role in the process of building an open, inclusive process of balanced regional economic cooperation. There are nearly 600,000 immigrants from Wenzhou in more than 130 countries and regions around the globe This is a group of “familiar strangers”; “familiar” means that their credits and operating conditions are well known to the group’s members. “Strangers” means that the individuals are unfamiliar with the regional economic, cultural, and other information outside of the group They have contact with the outside community only through economic exchanges, and lack social and cultural exchanges.
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