Immigrant entrepreneurship: Scrutinizing a promising type of business venture

Abstract

AbstractImmigrant entrepreneurship is an important socioeconomic phenomenon today. In major destination countries for immigrants such as the United States, Canada, the United Kingdom, and Australia, immigrant entrepreneurship plays a critical role in economic development. The economic impact of immigrant entrepreneurship in the host country is well known, but the influence of immigrant entrepreneurship in the host country is not limited to its economic aspects. It includes important noneconomic effects such as the development of vibrant ethnic communities, social integration and recognition of immigrants, a nurturing entrepreneurial spirit, and providing role models for immigrants. From the management perspective, there are many aspects of immigrant entrepreneurship that are still unknown and need to be addressed. The purpose of this special issue is to shed light on some of those aspects. The articles selected to be published in this issue offer an excellent analysis of various important aspects of the topic, including the success factors of immigrant entrepreneurship, the influence of family networks, and the noneconomic effects of immigrant entrepreneurship. We believe the issue breaks new ground and offers excellent information on the topic. © 2010 Wiley Periodicals, Inc.