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Migrant Entrepreneurship in OECD Countries

Migrants contribute to the economic growth of their host countries in many ways, bringing new skills and competencies with them and helping to reduce labour shortages.  An aspect that has received only limited attention up to now is migrants’ contribution to entrepreneurial activity and employment creation in their host countries.  In OECD countries, entrepreneurship is slightly higher among immigrants than natives and the total number of persons employed in migrant businesses is substantial, although the survival rate of these businesses is often lower than that of their native counterparts. Migrant entrepreneurship has gone beyond traditional ethnic businesses, into a wide range of sectors and innovative areas.  

Greater knowledge of migrant entrepreneurship is essential if policy makers are to better support migrant enterprises and their role in economic growth and job creation. In addition, increasing awareness of the positive role that migrants can play as entrepreneurs could contribute to a more balanced public debate on immigration.   Taking a cross-country perspective, this publication sheds light on these issues and more, discussing policy options to foster the development and success of migrant businesses. It is a compilation of papers presented at a June 2010 conference organised by the OECD Secretariat, with the financial support of the Swedish and Turkish authorities, and the Dutch-Turkish Businessmen Association (HOTIAD).

http://www.oecd.org/els/migration/entrepreneurship

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    http://oecd.metastore.ingenta.com/content/8110221e.pdf
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Publication Date :
29 Nov 2010
DOI :
10.1787/9789264095830-en
 
Chapter
 

Main Findings of the Conference on Entrepreneurship and Employment Creation of Immigrants in OECD Countries, 9-10 June 2010, Paris You do not have access to this content

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    http://oecd.metastore.ingenta.com/content/8110221ec002.pdf
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Author(s):
OECD
Pages :
13–19
DOI :
10.1787/9789264095830-2-en

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Immigrants bring new skills to receiving countries, provide flexibility in the labour markets and help address labour shortages. They contribute to the economy as employees but also as entrepreneurs, creating new firms and businesses. Immigrants’ contribution to growth in entrepreneurial activity and employment creation in OECD countries has increased over the past decade. This can be measured in qualitative as well as in quantitative terms. In most OECD countries immigrants are slightly more inclined to engage in entrepreneurial activities than natives. Those activities go beyond traditional ethnic businesses and migrants are now creating businesses in a wide range of occupations and sectors, including innovative areas. Thanks to their transnational ties, migrant entrepreneurs can also contribute to expanding trade between the host country and their countries of origin.