The financial ambidexterity of the immigrant entrepreneurs: a conceptualization

Abstract

PurposeAccess to financing has long been identified as a stumbling block for the economic endeavors of immigrant entrepreneurs (IEs) in host countries. Yet, little is known about the internal enablers for the IEs success to overcome their financing barriers in host countries. Accordingly, the purpose of this paper is to introduce the theoretical concept of the financial ambidexterity of IEs as a potential behavioral ability some IEs develop over time to access financing in both host and coethnic contexts.Design/methodology/approachThe paper uses sociopsychological lenses to introduce and discuss the term “financial ambidexterity of IEs” by synthesizing empirical evidence drawn from the different literature on immigrant entrepreneurship, biculturalism, financial literacy and cultural intelligence. This discussion is carefully embedded within the framework of the immigrant entrepreneurship literature.FindingsThe study proposes and discusses the role of bicultural identity integration, cultural intelligence and financial literacy in enabling the “financial ambidexterity of IEs.” It further defines the “financial ambidexterity of IEs” as their ability to explore and exploit financing opportunities, either simultaneously across the contexts within which they are embedded, e.g. coethnic and mainstream, or alternately in one context when barriers occur in the other.Originality/valueThe paper mainly contributes to the literature on immigrant entrepreneurship by suggesting an explanation for how IEs overcome financing barriers in their host countries, and why some IEs are more successful in that than other peers. Moreover, the paper attempts to advance the understanding of immigrants' entrepreneurial endeavors using a sociopsychological lens that considers cultural, cognitive and knowledge-related factors.

Moderation of Intellectual Intelligence on the Effect of Individual Behavior, Modern Living Environment, and Financial Well-Being on Women's Financial Literacy Capacity

“…In addition, in financial matters, intellectual intelligence in women is needed and becomes important, with intellectual intelligence in women can increase financial literacy capacity. The evidence of this study supports and complements previous research conducted by Malki, (2022) and Lin & Bates, (2022). Thus, based on the analysis and research test results, it can be concluded that H4: Intellectual intelligence positively affects women's financial literacy capacity.…”

“…In many ways, intelligence is critical for individuals to learn various things, including finance; individuals with high intelligence will be able to find ways to achieve the desired financial level and overcome the obstacles that occur in achieving it (Malki, 2022). In addition, individuals with good intelligence in economic matters will also affect financial literacy; greater economic awareness will increase an individual's financial literacy capacity (Lin & Bates, 2022).…”

“…Previous research has studied the effect of individual behavior on women's financial literacy capacity (Alshebami & Aldhyani, 2022;Alshebami & Al Marri, 2022), the effect of modern living environment on women's financial literacy capacity (Hautamäki & Donner, 2022;Suchocka et al, 2022), the effect of financial well-being on women's financial literacy capacity (Nițoi et al, 2022 ;Lusardi & George, 2022), and the effect of intellectual intelligence on women's financial literacy capacity (Malki, 2022;Lin & Bates, 2022). However, there has been no study that places intellectual intelligence as a moderating variable for the effect of individual behavior on women's financial literacy capacity, and there has been no study that places intellectual intelligence as a moderating variable for the effect of modern living environment on women's financial literacy capacity.…”