Growth in first- and second-generation immigrant firms in Sweden
2016 (English)In: International Small Business Journal, ISSN 0266-2426, E-ISSN 1741-2870Article in journal (Refereed) Epub ahead of print
Despite the burgeoning literature on immigrant entrepreneurship, there is a dearth of research on the social and economic factors shaping the performance of immigrant-run firms. Drawing upon human and social capital theory and assimilation theory, we investigate differences in performance measured as revenue growth in a comparative study of native and immigrant CEOs. Following 50,002 small firms in Sweden over four years, we find distinct patterns in both firm size and revenue growth between firms managed by immigrants and by natives. While firms run by second-generation immigrants from OECD countries exhibit higher growth rates than natives, the reverse is true for second generation immigrants from non-OECD countries, suggesting that economic integration in terms of immigrants’ small business growth in Sweden is characterized by segmented rather than universal assimilation.
Place, publisher, year, edition, pages
Immigrant entrepreneurship; intergenerational differences; firm growth, Sweden
IdentifiersURN: urn:nbn:se:liu:diva-127538DOI: 10.1177/0266242615612533OAI: oai:DiVA.org:liu-127538DiVA: diva2:925758
FunderSwedish Research Council, 340-2013-5460Riksbankens Jubileumsfond, M12-0301:1Swedish Retail and Wholesale Development Council