Social Capital: A Tool for Thai Entrepreneurs to Start BusinessVenture in Sweden: A qualitative study of how Thai entrepreneurs utilize social capital in their business venture creation process in Sweden
Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
Entrepreneurship is an important part of every country‟s economy. With the recent flow of migration to many countries, immigrant entrepreneurs have received interest from both societal and economical scholars to measure the effect they create on the home country economically or demographically. In Sweden as well as in other European countries, the rate of migration increases significantly. Upon migrating to Sweden, immigrants enters the labor market but difficulties in integrating into the labor market drive immigrants toward self-employment and thus becoming immigrant entrepreneurs.A nationality which has a long history of migration to Sweden and account for a considerable proportion of immigrants coming to Sweden every year are the Thai, but there is little research on this group of immigrants. The purpose of the study is to find out how Thai entrepreneurs use social capital in starting their business venture in Sweden. In the theoretical chapter, entrepreneurship and immigrant entrepreneurs are first defined, then the relationship between networking and entrepreneurship is discussed, followed by a section on social capital and its relationship with immigrant entrepreneurs. The literature suggests that entrepreneurs usually go through 3 stages of venture creation: idea generation, resource acquisition and market organization. With the help of social capital through their social network, entrepreneurs retrieve benefit from their network members in several aspects throughout these stages.We conducted a qualitative study using semi-structured interviews with seven Thai entrepreneurs in Sweden who work in food, health-care, retail and lodging businesses. Both the business network and the ethnic network, in this case Thai network, have important roles when Thai entrepreneurs develop new business ventures. Social capital assists the entrepreneurs in solving the difficulties faced during establishment process, such as labor, taxation and legitimacy. In addition, social capital enables the entrepreneurs in information and resource acquisition, word of mouth advertisement and business registration. Further, family members and spouses are found to be significantly important for Thai entrepreneurs in Sweden as a source of labor, capital and business partners.
Place, publisher, year, edition, pages
2010. , 63 p.
Immigrant Entrepreneurs, Thai Entrepreneurs, Ethnic Entrepreneurs, Social Capital, Social Network, Business Venture Creation
IdentifiersURN: urn:nbn:se:umu:diva-35132OAI: oai:DiVA.org:umu-35132DiVA: diva2:330747
UppsokSocial and Behavioural Science, Law
Nilsson, Kerstin, studierektor
ProjectsMaster thesis 15p spring term 2010