Immigration, opportunity, and assimilation in a technology economy

Nee, Victor; Drouhot, Lucas G.

doi:10.1007/s11186-020-09414-0

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Immigration, opportunity, and assimilation in a technology economy

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Drouhot, Lucas G.
Socio-Cultural Diversity, MPI for the Study of Religious and Ethnic Diversity, Max Planck Society;

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https://link.springer.com/article/10.1007/s11186-020-09414-0
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Nee, V., & Drouhot, L. G. (2020). Immigration, opportunity, and assimilation in a technology economy. Theory and Society. doi:10.1007/s11186-020-09414-0.

Cite as: https://hdl.handle.net/21.11116/0000-0007-197B-4

Abstract

We examine access to institutions and opportunity for entrepreneurs in a rising techeconomy. A significant proportion of entrepreneurs and CEOs of tech firms in theAmerican economy are either first- or second-generation immigrant minorities. Arethese minority entrepreneurs assimilating into a rising economic elite? To what extent isthe technology economy segmented by ethnic boundaries and sectors? On a range ofempirical measures, including access to financial and social capital, firm performance,and normative beliefs on fairness and cooperation, we find second-generation immi-grant minority tech entrepreneurs to be strikingly similar to their white counterparts.This study sheds new light on the institutional environment of a new regional technol-ogy economy, whereby barriers of entry are high in terms of human capital buteconomic competition is structurally and culturally open to immigrant minorityentrepreneurs