Asian-American Success in Self-Employment

Abstract

Emphasizing the relevance of cultural factors, sociologists have treated Asian immigrant business ownership as a group phenomenon, heavily dependent on social resources available from group support networks. In this article, the authors' analysis of the "social resources" explanations of Asian entrepreneurship casts doubt on the importance of social resources interpretations of business behavior This study shows that significant variations among population groups in levels of financial capital and human capital are important factors in understanding differences in business performance. Specifically, levels of personal wealth and educational attainment are significantly related to rates of business entry.