chapter  VI
Networks and Resource Mobilization
Pages 30

As shown in Chapter V, class resources available on the basis of educational backgrounds are crucial for entering entrepreneurship. As a result, the issues to be examined here are what aspect of class resources plays such a crucial role for immigrants’ economic achievement, and how the educational backgrounds of Korean immigrants has been transformed into resources for business establishment. Although researchers (Bates, 1994a, 1994b, 1997; Sanders and Nee, 1996) argue that class resources become essential for entrepreneurship, it is not clear how educational background transforms into resources. Therefore, this chapter examines how educational background is capitalized by Korean immigrants. Since higher educational background itself is a vague resource that cannot be evaluated on its own for its usefulness as an instrument for starting businesses, educational background will be examined in relation to social network establishment and resources generated from these social networks.