Social capital, geography, and survival: Gujarati immigrant entrepreneurs in the US lodging industry

成果类型:
Article
署名作者:
Kalnins, A; Chung, W
署名单位:
Cornell University; University System of Maryland; University of Maryland College Park
刊物名称:
MANAGEMENT SCIENCE
ISSN/ISSBN:
0025-1909
DOI:
10.1287/mnsc.1050.0481
发表日期:
2006
页码:
233-247
关键词:
Social capital immigrant entrepreneurs franchising survival hotels
摘要:
Immigrant entrepreneurs often rely on their group's local social capital in their new home market to establish and maintain their businesses. In particular, immigrant entrepreneurs with few resources of their own receive help from those possessing more resources. Supporting these arguments using the empirical setting of Gujarati immigrant entrepreneurs in the lodging industry, we find that the likelihood of survival of an immigrant entrepreneur's hotel increases when surrounded by higher counts of branded hotels (representing high-resource establishments) owned by individuals from their ethnic group but is unaffected by unbranded motels (representing low-resource establishments) owned by members of their ethnic group or by branded hotels owned by individuals from other ethnic groups. These results isolate and reinforce the importance of social capital not only for immigrant entrepreneurs but also more generally for any entrepreneurs belonging to ethnic, professional, religious, or social groups.