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Integrating the resource-based view and transaction cost economics in immigrant business performance

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Abstract

This paper presents a new integrated framework that integrates the resource-based view and transaction cost economics to explain the phenomenon of immigrant entrepreneurship. We extend the existing literature on immigrant entrepreneurship by identifying different types of ethnic network resources and demonstrating how these resources interact with transaction costs in the context of Chinese immigrants. Thus, our study contributes to the literature by providing a theoretical framework which identifies mechanisms immigrant entrepreneurs use to strategically deploy resources to minimize costs and maximize performance outcomes.

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Notes

  1. “Chinese immigrants” here refers to Chinese-speaking ethnic immigrants from Mainland China, Taiwan, and Hong Kong.

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Correspondence to Xiaohua Yang.

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The authors are deeply grateful to Mike Peng, the former Editor-in-Chief, David Ahlstrom, the current Editor-in-Chief, Asia Pacific Journal of Management, the participants at the Asia Pacific Journal of Management Special Issue Conference in December 2008 in Kaohsiung, and the anonymous reviewers for their insightful comments and feedback that have greatly helped improve the manuscript.

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Yang, X., Ho, E.YH. & Chang, A. Integrating the resource-based view and transaction cost economics in immigrant business performance. Asia Pac J Manag 29, 753–772 (2012). https://doi.org/10.1007/s10490-010-9236-2

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