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Immigration and Entrepreneurship
- 1. Immigrants and Entrepreneurship Houssein Diawara
- 2. Overview ● Immigrants ● Immigrants and the Economy Sector ● Data Analysis
- 3. Immigrant: One who migrates to another country for permanent residence.
- 4. Understanding the Economy Sector
- 5. Immigrants in the Economy Sector Large Contributions Immigrants have contributed to the economy substantially. Examples: ● Job creation ● Innovative ● Fast growing businesses High rates of entrepreneurship Immigrants show higher rates of entrepreneurship than those who are not immigrants. Examples: ● Drive for self-employment caused by discrimination in the workplace ● diverse background knowledge which accounts for their creativity
- 6. Data Analysis The data shows that immigrants show higher rates of entrepreneurship than those who are natives.
- 7. Share & Self-employment Findings ● Foreign born people are earning shares at higher rate.
- 8. SOB Survey of Business Owners Findings ● Immigrant firms generally have minimum sales ● Immigrant owned businesses have made large contributions towards total employment Ownership Number of firms Total firms share Total sales Total sales shares Immigrant (foreign born) 1,897531 12.4% $ 779,733,268 10% Non-immigrant ( native born) 11,478,270 85% $ 7046,727,008 90% Total immigrant and nonimmigrant 12,276,721 100% $ 7,827,470,297 100% Equally foreign/native born 344,070 $ 100,670238 Foreign-born indeterminate status 12,573,969 $3,019,121,251
- 9. SOB Survey of Business Owners Findings ● The total business income of immigrant representation is lower in comparison to the total number of business owners. Ownership No of employer firms Total employee firms share Total employment Total employment share Immigrant (foreign born) 500,873 15% 3,999,988 9.8% Non-immigrant (native born) 2,049578 84% 35,421,584 90% Total immigrant and nonimmigrant 3,550,571 100% 40,324,462 100% Equally native/foreign born 64,006 652,128 Foreign born status indeterminate 1,563271 15,449,854
- 10. Components of Immigration in Entrepreneurship 1 ● Economic Growth ● Job creation 2 ● Innovation ● Diversity 3 ● Fast Growing ● Motivation