Ethnic Minority Entrepreneurs in the International Carpet Trade: An Empirical Study

The paper discusses the pre-modern bazaar and the authors (Shahamak Rezaei Roskilde University, Ivan Light UCLA, Léo-Paul Dana Groupe Sup de Co Montpellier Business School - Montpellier Research in Management) observe changes in the sector as Persian carpets can now be sourced from new entrants competing with traditional manufacturers. We identify two important issues:
1) the existence of a time-lag from the date of arrival of new migrant groups
before the group is able to establish some weak business ties and transform
those to strong ones; 2) the key to the success of new immigrant groups in
business can be found in their multicultural and multi-linguistic competencies
that lead to a higher level of mutual understanding and mutual trust relations
which in turn lead to a strengthening of what were initially weak ties.