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Human capital resources creation and utilization in ethnic minority microbusinesses: The construction of a culture-induced entrepreneurship model

Haq, Muhibul; Johanson, Martin; Davies, Julie; Ng, Wilson; Dana, Léo-Paul; (2024) Human capital resources creation and utilization in ethnic minority microbusinesses: The construction of a culture-induced entrepreneurship model. Journal of the International Council for Small Business , 5 (2) pp. 106-116. 10.1080/26437015.2023.2201692. Green open access

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Abstract

We explored and found that a set of key resources, that we call human capital resources, play an important role in ethnic minority microbusinesses in an ethnic majority social and economic space. We have also found that these key resources are developed and maintained within the coethnic niche economic space shaped by coethnic cultural value systems. Building on qualitative interview data and drawing on Bourdieu’s forms of capital and the resource-based view of the firm, our study presents a novel microentrepreneurship model that we call the culture-induced entrepreneurship model. Overall, our model provides insights into how ethnic minority culture informs the creation of a set of human capital resources and how these key resources contribute to business performance in regional ethnic minority microbusinesses. Our model also shows relationships between these key human capital resources.

Type: Article
Title: Human capital resources creation and utilization in ethnic minority microbusinesses: The construction of a culture-induced entrepreneurship model
Open access status: An open access version is available from UCL Discovery
DOI: 10.1080/26437015.2023.2201692
Publisher version: https://doi.org/10.1080/26437015.2023.2201692
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Cultural capital, ethnic minority microbusinesses, human capital resources
UCL classification: UCL
UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences
URI: https://discovery-pp.ucl.ac.uk/id/eprint/10171148
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