International Journal of Business and Globalisation
Volume 1, Issue 2, 2007, Pages 161-175

The value of the psychological capital of immigrant entrepreneurs (Article)

Luthans F.* , Norman S.M. , Jensen S.M.
  • a Department of Management, College of Business Administration, University of Nebraska, Lincoln, NE 68588-0491, United States
  • b Department of Business – Management, Mesa State College, Grand Junction, Co 81501, United States
  • c Department of Management, University of Nebraska, Kearney, NE 68849, United States

Abstract

Immigrant entrepreneurs have always played a critical role in the economies of countries around the world. Although considerable attention has been devoted to the importance of economic and financial capital, we examine three overlooked forms of capital that may enhance the success of immigrant entrepreneurs: human, social, and psychological capital. Special attention is given to the positive psychological capital strengths of hope, self-efficacy/confidence, optimism, and resiliency. We propose that successful immigrant entrepreneurs are those who not only possess, but also seek to further develop and leverage this newly recognised form of capital in themselves and their associates. © 2007 Inderscience Enterprises Ltd.

Author Keywords

Immigrant entrepreneurs psychological capital entrepreneurs’ hope entrepreneurs’ optimism entrepreneurs’ psychological capital entrepreneurs’ resilience entrepreneurs’ efficacy

Index Keywords

[No Keywords available]
Link
https://www.scopus.com/inward/record.uri?eid=2-s2.0-84901052316&doi=10.1504%2fIJBG.2007.014430&partnerID=40&md5=07393eb8defc4fe38eb721fcbb8d9de5
DOI: 10.1504/IJBG.2007.014430
ISSN: 17533627
Cited by: 5
Original Language: English