Immigrant Entrepreneurship

In Jonathan Bowles  Immigrant Entrepreneurism: An Engine for Economic Recovery, he discusses the impact that immigrants have had on the US businesses. Bowles argues that immigrants (who are 30% more likely to start up a new business as compared to non-immigrants) are the key to boosting the New York City economy. RIght now, these immigrant run businesses have more capability than they are reaching. Many different factors hinder these businesses to reach the amount of income they can truly reach. In such a diverse area such as New York City, if a business is run in a language other than English, they attract people of their own race but they are not able to reach many other nationalities. Bowles argues that the government should work towards encouraging these small immigrant businesses to thrive so that the city in itself can generate more income.

These immigrant owned businesses can easily be seen in a drive down Hillside Avenue in Queens, New York. There are Indian food markets, restaurants and beauty salons on every corner. Everywhere you look there are businesses made up of people who have recently come to this country and with the little money they had, have created a flourishing business. Many times, people tend to avoid “American” grocery stores in order to support their fellow Asians in their business.

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