1995
DOI: 10.1080/01419870.1995.9993865
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The growth of Korean immigrant entrepreneurship in Chicago

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Cited by 49 publications
(42 citation statements)
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“…This Cuban monopoly means that Cuban owners and suppliers work more cooperatively than they would have without the shared ethnicity that guided their interactions. Vertical integration is also argued to be important for Korean immigrant entrepreneurs in Chicago, where most of the suppliers of Korean firms are also Korean (Yoon 1995). Raijman and Tienda (2003) also find that Koreans are more vertically integrated relative to other groups, such as Mexicans, but they also argue that Mexicans are less able to capitalize on vertical integration.…”
Section: Ethnic Enclaves and Success Of Ethnic Firmsmentioning
confidence: 90%
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“…This Cuban monopoly means that Cuban owners and suppliers work more cooperatively than they would have without the shared ethnicity that guided their interactions. Vertical integration is also argued to be important for Korean immigrant entrepreneurs in Chicago, where most of the suppliers of Korean firms are also Korean (Yoon 1995). Raijman and Tienda (2003) also find that Koreans are more vertically integrated relative to other groups, such as Mexicans, but they also argue that Mexicans are less able to capitalize on vertical integration.…”
Section: Ethnic Enclaves and Success Of Ethnic Firmsmentioning
confidence: 90%
“…Capitalizing on vertical integration is important since vertically integrated firms are able to lower the overall price of goods and services needed to operate a firm. For example, Yoon (1995) reports that Korean firms receive special credit terms from Korean suppliers. Korean owners dealing with Korean suppliers can speak Korean and, therefore, language is not a barrier to entrepreneurship.…”
Section: Ethnic Enclaves and Success Of Ethnic Firmsmentioning
confidence: 98%
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“…According to Reynolds et al (2002) and to Shinnar and Young (2008), opportunity entrepreneurs are older than necessity entrepreneurs. In the enclave, co-ethnic members can use age as a primary parameter to evaluate whether or not to support aspiring entrepreneurs either informally (Johannisson 1993;Ram 1994;Kloosterman et al 1998; Van Delf et al 2000) or formally (Yoon 1995;Gold 2001;Guarnizo et al 2003). Old immigrants are assumed to be better known -because of their previous working experience -than young immigrants.…”
Section: Socio-demographic Factorsmentioning
confidence: 99%
“…Li (1992) mentioned the traditional culture of certain ethnic groups, as well as blocked mobility, as important reasons for the successful development of ethnic entrepreneurship. Yoon (1995) asserted that there are three interacting factors which promote the growth of ethnic entrepreneurship: blocked employment opportunities in the general labor market (because of the language barrier and non-transferable education and occupational skills); resource mobilization (from stable structures and strong family ties); and business structures (social networks).…”
Section: Motivationmentioning
confidence: 99%