Date of Conferral
11-25-2024
Degree
Doctor of Business Administration (D.B.A.)
School
Business Administration
Advisor
Ify Diala-Nettles
Abstract
Asian immigrant entrepreneurs face significant challenges, including difficulties accessing capital and overcoming language barriers, which can lead to higher failure rates in some cases. To succeed, they must develop effective strategies and identify key resources to grow their businesses and mitigate the risk of failure. Grounded in stakeholder theory, the purpose of this qualitative pragmatic inquiry study was to identify and explore the strategies used by Asian immigrant entrepreneurs in the Commonwealth of Massachusetts to expand and sustain their businesses beyond the five-year mark. The participants were nine immigrant entrepreneurs from the Commonwealth who successfully applied strategies that enabled their businesses to thrive for more than five years. Data were collected through semistructured interviews and analyzed using thematic coding. The key themes that emerged included business strategy, challenges and barriers, and personal and professional development. A key recommendation is that immigrant business ecosystems be conveyed via conferences, academic settings, business meetings, and integrated training. Implications for positive social change include the potential for policymakers, and business leaders to implement culturally feasible approaches that identify and leverage the unique cultural resources of immigrant entrepreneurs, thereby fostering respect, equality, and sustainable economic development within regional economies.
Recommended Citation
Stokes, Claretta Taylor, "Successful Asian Immigrant Businesses’ Strategies" (2024). Walden Dissertations and Doctoral Studies. 16701.
https://scholarworks.waldenu.edu/dissertations/16701