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Determinants Of Survival And Profiability Among Asian Immigrant-Owned Small Businesses

  • Timothy Bates

The immigrant entrepreneur is often seen as a member of supportive peer and community subgroups. These networks assist in the creation and successful operation of firms by providing social resources in the form of customers, loyal employees and financing. This study provides evidence that the success and survival patterns of Asian immigrant firms derive from their large investments of financial capital and the impressive educational credentials of the business owners. Heavy utilization of social support networks typifies the less profitable, more failure-prone small businesses owned by Asian immigrants.

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File URL: ftp://ftp2.census.gov/ces/wp/1993/CES-WP-93-11.pdf
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Paper provided by Center for Economic Studies, U.S. Census Bureau in its series Working Papers with number 93-11.

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Date of creation: Aug 1993
Date of revision:
Handle: RePEc:cen:wpaper:93-11
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  1. George J. Borjas, 1986. "The Self-Employment Experience of Immigrants," NBER Working Papers 1942, National Bureau of Economic Research, Inc.
  2. Jovanovic, Boyan, 1982. "Selection and the Evolution of Industry," Econometrica, Econometric Society, vol. 50(3), pages 649-70, May.
  3. Evans, David S & Jovanovic, Boyan, 1989. "An Estimated Model of Entrepreneurial Choice under Liquidity Constraints," Journal of Political Economy, University of Chicago Press, vol. 97(4), pages 808-27, August.
  4. Bates, Timothy M, 1974. "Financing Black Enterprise," Journal of Finance, American Finance Association, vol. 29(3), pages 747-61, June.
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