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Religious Institutions and Ethnic Entrepreneurship: The Korean Ethnic Church as a Small Business Incubator

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Author Info

  • Hyunsun Choi

    ()
    (University of North Florida, Jacksonville)

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    Abstract

    Ethnic entrepreneurship is one of the key factors of community economic development. This article explores how religious institutions enhance ethnic entrepreneurship through social capital in the Los Angeles Korean community, which has high self-employment rates and active participation among its Christian congregations. The role of religious institutions is rarely discussed in terms of entrepreneurship. The article finds that religion-based social capital has greatly benefited the small business development of this ethnic community. Korean ethnic congregations have acted as small business incubators through social networking and capital accumulation. In addition, the article asserts that contemporary community development should reemphasize social capital, religious institutions, and entrepreneurship.

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    File URL: http://edq.sagepub.com/content/24/4/372.abstract
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    Bibliographic Info

    Article provided by in its journal Economic Development Quarterly.

    Volume (Year): 24 (2010)
    Issue (Month): 4 (November)
    Pages: 372-383

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    Handle: RePEc:sae:ecdequ:v:24:y:2010:i:4:p:372-383

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    Related research

    Keywords: ethnic entrepreneurship; religious institutions; Korean American; community development;

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    Cited by:
    1. Audretsch, David B. & Bönte, Werner & Tamvada, Jagannadha Pawan, 2013. "Religion, social class, and entrepreneurial choice," Journal of Business Venturing, Elsevier, vol. 28(6), pages 774-789.

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