A factual analysis of sustainable opportunity recognition of immigrant entrepreneurship in Finnish Lapland: Theories and practice

• Published in: Journal of Entrepreneurship, Management and Innovation
• Main Authors: Nafisa Yeasmin, Timo Koivurova
• Format: Article in Journal/Newspaper
• Language: English
• Published: Cognitione Foundation for the Dissemination of Knowledge and Science 2019
• Subjects: mixed-embeddedness; sustainable; entrepreneurship; immigrant; CSR; opportunity recognition; Management. Industrial management; HD28-70; Business; HF5001-6182; Arctic; Lapland
• Online Access: https://doi.org/10.7341/20191523; https://doaj.org/article/7a3bce34686d4ee9bfa7cf870ae2a05c

Immigrant entrepreneurs are in a disadvantaged position in the Arctic Lapland. According to previous studies (see Yeasmin, 2016), there are many factors that hinder the sustainability of immigrant business. Immigrant entrepreneurs lack socio-economic and political knowledge along with many other hindrances. Broadening knowledge and combining strong and weak ties (Granovetter, 1985) are positive factors among many other mixed factors relating to operating a business successfully. Sustainable immigrant entrepreneurship practices require legitimacy between entrepreneurial actions and opportunity recognition. Research on sustainable immigrant entrepreneurship does not fit into a single literature body and it is difficult to make a single model for the growth potential of immigrant entrepreneurship in Lapland (Yeasmin, 2016). Therefore, the focus of this study is to create an integrated value for immigrant entrepreneurs by combining the CSR theory and mix embeddedness theory, and find an alternative concept of practice for understanding the drivers that can sustain the micro businesses of immigrants in Lapland and can give an explanation on opportunities recognition which can be embedded so as to get access to the necessary entrepreneurial capital (local, regional or national). This study argues that the degree of CSR embeddedness could be developed as a component of mixed embeddedness supports the discovery of institutional, social and economic opportunity strategy amongst immigrant entrepreneurs. Conceptually, this study explores adaptive factors that immigrant entrepreneurs are determined to embed (whether knowingly) as mixed practices that create entrepreneurial success.