Cross-culturalCapabilities of Immigrant Entrepreneurs

An Academic presentation byDr. Nancy Agnes, Head, Technical Operations, Phdassistance Group www.phdassistance.comEmail: info@phdassistance.com

Introduction

Immigrant Entrepreneurship

Cross-Cultural Capabilities

Conclusion

Outline

TODAY'S DISCUSSION

INTRODUCTIONAcross the globe, International migration has become

a central characteristic of developing countries, contributing to the d evelopment of a multicultural and open society.

The connection between international backgrounds and engagement in entrepreneurship are becoming more widely known, due to which the emergence of immigrant entrepreneurship has become a phenomenon of global importance (Morgan et al., 2018; Vahidnia et al., 2019).

IMMIGRANT ENTREPRENEURSHIPImmigrant entrepreneurship has undergone significant change in the

last few decades, prompting many scholars in the fields of management, e conomics, international business, entrepreneurship, and sociology to do extensive Research on this context (Ado et al., 2016).

Further, it is noted that businesses developed by immigrants have adequate social and economic returns, including competitiveness, jobs, innovation, and prosperity, which in turn represents the Immigrant entrepreneurship success in different parts of the world (Carbonell et al., 2014).

Contd....

A recent conversation about the players involved in international entrepreneurship has helped to understand how immigrant entrepreneurs vary from other international entrepreneurs (Elo et al., 2018).

Immigrant entrepreneurs are distinctive in their entrepreneurial internationalization approaches in relation to pathways and procedures, as a result of their unique capabilities, which assist them in bridging the capital from different countries (Vinogradov & Jorgensen, 2017).

CROSS-CULTURAL CAPABILITIES

In the immigrant entrepreneurship context, cross- cultural capabilities are defined as “the capability

attitude, capability

to handle uncertainty, a positive resilience, a d evelopmental learning and a bilingual capability”.

Cross-cultural adaptation refers to psychological and sociocultural adaptation in the field of immigrant entrepreneurship.

Contd...

That is, cross-cultural capabilities can be noted as skills of an individual relevant to psychological and sociocultural adaptation leveraged for business performance in home and host countries.

Generally, a sociocultural adaptation capability describes the language skills, cultural learning, and bicultural flexibility of an individual.

On the other hand, Psychological adaptation capability refers to managing emotions and the positive attitude of individuals (Kunlin Xu, 2017).

The below figure represents the cross-cultural capabilities of immigrant entrepreneurship

Figure 1: Cross-Cultural Capabilities of Immigrant Entrepreneurs

CONCLUSIONAs a result, immigrant entrepreneurs must be

able to transit between two cultural traditions, schemas, and behaviours in response to cultural prompts when they move to a foreign country with a different culture.

Also, bicultural skills may be deemed more evident than multicultural capabilities to immigrant entrepreneurs because of the dual cultural environments in which they reside (Xu, 2021). Contd...

In this view, cross-cultural capabilities of i mmigrant entrepreneurs are sets of skills linked with a socio-cultural and psychological adaptation of individual’s which can be used to improve outcomes for the business in both home and host countries.

It is no doubt that Immigrant entrepreneurs will undeniably benefit from their cross- cultural skill.

Contd...

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