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- W2805965753 abstract "This chapter lays bare the intricacies of the concept of legal capital. Our evidence indicates that the timing of entrepreneurship after legalizing immigration status affects business outcomes. We suggest that net of business duration and time living in the US, the experience of operating firms in the formal economy develops business acumen and expands business networks in a way that confers small advantages on those entrepreneurs who capitalize earlier on their legal status. We submit that like other subtypes of cultural capital, legal capital refers to the cultural knowledge about the formal economy that accumulates under the auspices of legal status. We demonstrate that this knowledge—and its attendant licenses—pays more dividends to businesspeople who deploy it earlier in the course of their working lives." @default.
- W2805965753 created "2018-06-13" @default.
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- W2805965753 date "2018-01-01" @default.
- W2805965753 modified "2023-09-24" @default.
- W2805965753 title "From “Illegal” to Neighborhood Shopkeeper: How Legal Capital Affects Business Performance" @default.
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- W2805965753 doi "https://doi.org/10.1007/978-3-319-73715-7_6" @default.
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