Abstract

Immigrants participate in entrepreneurial activity more frequently than other groups, largely resulting from restricted access to traditional occupational advancement. Recent studies have reported that immigrant entrepreneurs focus on their abundance of human and social capital to obtain the financial resources necessary to fund their ventures. Lack of financial resources has been identified as a major barrier for immigrant entrepreneurs; however, as this study indicates, both native and immigrant entrepreneurs face similar financial hurdles in locating initial startup funding. Where major differences arise between native and immigrant entrepreneurs is that native entrepreneurs more frequently transition to business forms of debt, a key component to long-term success. Resulting from their lack of embeddedness in their host context, immigrant entrepreneurs are far more likely to rely on social network based resources to fund growth, which removes their businesses from the opportunities business forms that debt provides. Using the Kauffman public data, I investigated the relationship between financing strategies engaged by "immigrant" versus "native" entrepreneurs.

Degree

College and Department

Family, Home, and Social Sciences; Sociology

Rights

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