Expat entrepreneurs in Finland : business advantage evaluation

Abstract

Expat Entrepreneurs are individuals who employ concepts, connections, and methods to identify novel prospects for conducting commercial activities that extend beyond the confines of their home country. Nonetheless, for Expat entrepreneurs operating in Finland, penetrating the market, and establishing credibility with prospective clients and investors can prove to be a daunting task. The aforementioned circumstances have prompted a scholarly inquiry into the evaluation of ethnicity as a potential asset for Expat entrepreneurs in Finland. The objective of this investigation is to ascertain the essential prerequisites for Expat entrepreneurs to establish a business venture, delineate the characteristics and extent of their enterprises, and appraise their efficacy. The research employed a qualitative methodology through a descriptive survey approach. The focus of this study is on immigrant entrepreneurs who possess diverse backgrounds in managing small-scale enterprises within the Finnish context. The present study utilized data obtained through semi-structured interviews conducted with three (3) Finnish entrepreneurs who also happen to be foreign immigrants. The technique of content analysis was employed to assess the data that was acquired through the process of conducting interviews The study indicates that ethnic background does not pose as a hindrance, but rather facilitates the contribution of knowledge, capacity, and experience towards the success and performance of their business ventures.