IDEAS home Printed from https://ideas.repec.org/a/spr/intemj/v20y2024i2d10.1007_s11365-024-00954-w.html
   My bibliography  Save this article

Does labor force diversity really matter for entrepreneurship?: Exploring the South Korean case

Author

Listed:
  • Daewu Ju

    (University of London)

Abstract

This study examines whether labor force diversity also matters for entrepreneurship in the context of South Korea, with the aim of evaluating the applicability of previous findings from developed Western countries to the growing Asian nations. The results suggest a clear country variance in labor force diversity effects, revealing negative impacts of demographic diversity and insignificance of cultural diversity on entrepreneurship in South Korea, which is in contrast to prior observations in most Western countries. I propose that South Korea's strong societal hierarchy, historical emphasis on ethnic homogeneity, and existing ethnic polarization reduce the nation's openness towards diversity, resulting in unpromising labor force diversity effects on entrepreneurship in South Korea. This research contributes to the current literature by filling the research gap beyond the regional context of developed Western countries and by suggesting possible country variance in labor force diversity effects according to the nation's varying openness towards diversity.

Suggested Citation

  • Daewu Ju, 2024. "Does labor force diversity really matter for entrepreneurship?: Exploring the South Korean case," International Entrepreneurship and Management Journal, Springer, vol. 20(2), pages 1275-1293, June.
    • Handle: RePEc:spr:intemj:v:20:y:2024:i:2:d:10.1007_s11365-024-00954-w
    DOI: 10.1007/s11365-024-00954-w
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11365-024-00954-w
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s11365-024-00954-w?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Badi H. Baltagi, 2021. "Simultaneous Equations with Error Components," Springer Texts in Business and Economics, in: Econometric Analysis of Panel Data, edition 6, chapter 0, pages 157-186, Springer.
    2. Caroline Gauthier & Marianela Fornerino & Carolina Werle & Alain Jolibert & Min Seong Lee & Trina Sego, 2020. "Social and personal values in advertising: evidence from food advertising in South Korea," Post-Print hal-03511374, HAL.
    3. Alberto Alesina & Johann Harnoss & Hillel Rapoport, 2016. "Birthplace diversity and economic prosperity," Journal of Economic Growth, Springer, vol. 21(2), pages 101-138, June.
    4. Werner Bönte & Oliver Falck & Stephan Heblich, 2009. "The Impact of Regional Age Structure on Entrepreneurship," Economic Geography, Clark University, vol. 85(3), pages 269-287, July.
    5. R. Isil Yavuz & Berrak Bahadir, 2022. "Remittances, ethnic diversity, and entrepreneurship in developing countries," Small Business Economics, Springer, vol. 58(4), pages 1931-1952, April.
    6. Zoltán J. Ács & Pontus Braunerhjelm & David B. Audretsch & Bo Carlsson, 2015. "The knowledge spillover theory of entrepreneurship," Chapters, in: Global Entrepreneurship, Institutions and Incentives, chapter 7, pages 129-144, Edward Elgar Publishing.
    7. Saviotti, Pier Paolo, 2007. "On the dynamics of generation and utilisation of knowledge: The local character of knowledge," Structural Change and Economic Dynamics, Elsevier, vol. 18(4), pages 387-408, December.
    8. Mikaela Backman & Janet E. Kohlhase, 2020. "Labor force diversity and firm survival," Journal of Regional Science, Wiley Blackwell, vol. 60(5), pages 903-928, November.
    9. Thomas Kemeny & Abigail Cooke, 2018. "Spillovers from immigrant diversity in cities," Journal of Economic Geography, Oxford University Press, vol. 18(1), pages 213-245.
    10. Jacquemin, Alexis P & Berry, Charles H, 1979. "Entropy Measure of Diversification and Corporate Growth," Journal of Industrial Economics, Wiley Blackwell, vol. 27(4), pages 359-369, June.
    11. Max Nathan & Neil Lee, 2013. "Cultural Diversity, Innovation, and Entrepreneurship: Firm-level Evidence from London," Economic Geography, Clark University, vol. 89(4), pages 367-394, October.
    12. Guzman, Jorge & Kacperczyk, Aleksandra (Olenka), 2019. "Gender gap in entrepreneurship," Research Policy, Elsevier, vol. 48(7), pages 1666-1680.
    13. Rodrigo Perez-Silva & Mark D. Partridge, 2020. "Concentration of human capital, externalities and the wage gap in US metro areas," Regional Studies, Taylor & Francis Journals, vol. 54(11), pages 1564-1573, November.
    14. Thomas Kemeny, 2017. "Immigrant Diversity and Economic Performance in Cities," International Regional Science Review, , vol. 40(2), pages 164-208, March.
    15. Caroline Gauthier & Marianela Fornerino & Carolina O. C. Werle & Alain Jolibert & Min Seong Lee & Trina Sego, 2020. "Social and personal values in advertising: evidence from food advertising in South Korea," International Studies of Management & Organization, Taylor & Francis Journals, vol. 50(2), pages 174-200, April.
    16. Eduardo Fé, 2012. "Instrumental variable estimation of heteroskedasticity adaptive error component models," Statistical Papers, Springer, vol. 53(3), pages 577-615, August.
    17. Haifeng Qian & Zoltán J. Ács, 2015. "An absorptive capacity theory of knowledge spillover entrepreneurship," Chapters, in: Global Entrepreneurship, Institutions and Incentives, chapter 9, pages 161-173, Edward Elgar Publishing.
    18. David Audretsch & Dirk Dohse & Annekatrin Niebuhr, 2010. "Cultural diversity and entrepreneurship: a regional analysis for Germany," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 45(1), pages 55-85, August.
    19. Alessandra Faggian & Isha Rajbhandari & Kathryn R. Dotzel, 2017. "The interregional migration of human capital and its regional consequences: a review," Regional Studies, Taylor & Francis Journals, vol. 51(1), pages 128-143, January.
    20. Friederike Welter & Ted Baker & Katharine Wirsching, 2019. "Three waves and counting: the rising tide of contextualization in entrepreneurship research," Small Business Economics, Springer, vol. 52(2), pages 319-330, February.
    21. Mikaela Backman & Janet E. Kohlhase, 2022. "Labor force diversity and new firm formation," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 68(1), pages 9-28, February.
    22. Charlie Karlsson & Jonna Rickardsson & Joakim Wincent, 2021. "Diversity, innovation and entrepreneurship: where are we and where should we go in future studies?," Small Business Economics, Springer, vol. 56(2), pages 759-772, February.
    23. Scott Shane, 2000. "Prior Knowledge and the Discovery of Entrepreneurial Opportunities," Organization Science, INFORMS, vol. 11(4), pages 448-469, August.
    24. Tomasz Mickiewicz & Mark Hart & Frederick Nyakudya & Nicholas Theodorakopoulos, 2019. "Ethnic pluralism, immigration and entrepreneurship," Regional Studies, Taylor & Francis Journals, vol. 53(1), pages 80-94, January.
    25. repec:hal:pseose:hal-01304131 is not listed on IDEAS
    26. Bindong Sun & Pan Zhu & Wan Li, 2019. "Cultural diversity and new firm formation in China," Regional Studies, Taylor & Francis Journals, vol. 53(10), pages 1371-1384, October.
    27. Olav Sorenson, 2017. "Regional ecologies of entrepreneurship," Journal of Economic Geography, Oxford University Press, vol. 17(5), pages 959-974.
    28. Cui Zhang, 2020. "Skill diversity of cities and entrepreneurship," Regional Studies, Taylor & Francis Journals, vol. 54(3), pages 403-414, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Paula Prenzel & Niels Bosma & Veronique Schutjens & Erik Stam, 2024. "Cultural diversity and innovative entrepreneurship," Small Business Economics, Springer, vol. 63(4), pages 1381-1414, December.
    2. Mikaela Backman & Janet E. Kohlhase, 2022. "Labor force diversity and new firm formation," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 68(1), pages 9-28, February.
    3. Fandi Yang & Peng Yuan & Gongxiong Jiang, 2022. "Knowledge Spillovers, Institutional Environment, and Entrepreneurship: Evidence from China," Sustainability, MDPI, vol. 14(22), pages 1-27, November.
    4. Ping Zhang & Xin Wei & Guirong Mao, 2024. "Cultural diversity, social integration, and migrant entrepreneurship—evidence from the China migrants dynamic survey," Small Business Economics, Springer, vol. 62(3), pages 1135-1155, March.
    5. Andrés Rodríguez-Pose & Daniel Hardy, 2015. "Cultural Diversity and Entrepreneurship in England and Wales," Environment and Planning A, , vol. 47(2), pages 392-411, February.
    6. Claudio Berardino & Dario D’Ingiullo & Donatella Furia & Alfredo Cartone, 2021. "Immigration diversity and regional economic growth," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 38(3), pages 863-886, October.
    7. Roxana Gutiérrez-Romero, 2020. "The contrasting effects of ethnic, cultural and immigrant diversity on entrepreneurship and job creation," Working Papers 101, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research.
    8. Niccolò Ghio & Massimiliano Guerini & Erik Lehmann & Cristina Rossi-Lamastra, 2015. "The emergence of the knowledge spillover theory of entrepreneurship," Small Business Economics, Springer, vol. 44(1), pages 1-18, January.
    9. Paula Prenzel & Niels Bosma & Veronique Schutjens & Erik Stam, 2022. "Cultural diversity and innovation-oriented entrepreneurship," Papers in Evolutionary Economic Geography (PEEG) 2205, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Feb 2022.
    10. Brixy, Udo & Brunow, Stephan & D'Ambrosio, Anna, 2020. "The unlikely encounter: Is ethnic diversity in start-ups associated with innovation?," Research Policy, Elsevier, vol. 49(4).
    11. Ceren Ozgen, 2021. "The economics of diversity: Innovation, productivity and the labour market," Journal of Economic Surveys, Wiley Blackwell, vol. 35(4), pages 1168-1216, September.
    12. Michael Wyrwich, 2014. "Ready, set, go! Why are some regions entrepreneurial jump starters?," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 53(2), pages 487-513, September.
    13. Thomas Kemeny, 2013. "Immigrant Diversity and Economic Development in Cities: A Critical Review," SERC Discussion Papers 0149, Centre for Economic Performance, LSE.
    14. Brixy, Udo & Brunow, Stephan & D'Ambrosio, Anna, 2017. "Ethnic diversity in start-ups and its impact on innovation," IAB-Discussion Paper 201725, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    15. Charlie Karlsson & Jonna Rickardsson & Joakim Wincent, 2021. "Diversity, innovation and entrepreneurship: where are we and where should we go in future studies?," Small Business Economics, Springer, vol. 56(2), pages 759-772, February.
    16. Arkangel M. Cordero & Alexander C. Lewis, 2024. "How Does Regional Social Capital Structure the Relationship Between Entrepreneurship, Ethnic Diversity, and Residential Segregation?," Entrepreneurship Theory and Practice, , vol. 48(3), pages 788-825, May.
    17. Chengguang Li & Rodrigo Isidor & Luis Alfonso Dau & Rudy Kabst, 2018. "The More the Merrier? Immigrant Share and Entrepreneurial Activities," Entrepreneurship Theory and Practice, , vol. 42(5), pages 698-733, September.
    18. Erik Lundmark & Anna Krzeminska & Dean A. Shepherd, 2019. "Images of Entrepreneurship: Exploring Root Metaphors and Expanding Upon Them," Entrepreneurship Theory and Practice, , vol. 43(1), pages 138-170, January.
    19. Tsvetkova, Alexandra, 2016. "Do diversity, creativity and localized competition promote endogenous firm formation? Evidence from a high-tech US industry," MPRA Paper 72349, University Library of Munich, Germany.
    20. David C. Maré & Jacques Poot, 2019. "Valuing cultural diversity of cities," Working Papers 19_05, Motu Economic and Public Policy Research.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:intemj:v:20:y:2024:i:2:d:10.1007_s11365-024-00954-w. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.