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ERIC Number: ED476584
Record Type: Non-Journal
Publication Date: 2002-Sep
Pages: 9
Abstractor: N/A
Reference Count: N/A
Korean-American Entrepreneurs. CELCEE Digest.
Park, Sung
For many Korean Americans, the American dream of building a better future in the United States for their families is realized through a focus on entrepreneurship. Their formula for entrepreneurial success is simple and effective: (1) identifying a business opportunity; and (2) working hard to turn the opportunity into a business success. Korean Americans often see opportunity where others do not, and they show unwavering perseverance, even in the face of adversity. This digest discusses Korean-American entrepreneurs within the context of their unique culture. The Digest states that Korean Americans' devotion to family plays an integral role for the success of the entrepreneur, and pinpoints their emphasis on education as another important aspect of Korean immigrants and entrepreneurs. It finds that most Korean businesses are small (typically green grocers, dry cleaners, fish markets, delicatessens, and nail salons) and operated by a husband and wife in tandem, working more than 12 hours a day, 6 or 7 days a week. The digest also discusses some obstacles facing Korean-American entrepreneurs in developing businesses. (BT)
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Publication Type: Information Analyses
Education Level: N/A
Audience: N/A
Language: English
Sponsor: Ewing Marion Kauffman Foundation, Kansas City, MO. Center for Entrepreneurial Leadership.
Authoring Institution: Adjunct ERIC Clearinghouse on Entrepreneurship Education, Los Angeles, CA.