Immigrants start thousands of businesses in the U.S. every year. But not all immigrant populations demonstrate a great appetite for entrepreneurship.
Immigrants from Mexico, for example, own more businesses in the U.S. than immigrants from any other country, according to a study published last year by the U.S. Small Business Administration. But that dominance is only because there are far more immigrants from Mexico in the U.S. than from any other nation.
Only 6.5% of the Mexican immigrant population own businesses here, compared with 9.5% of the U.S.-born population, the study says.
A Korean immigrant, on the other hand, is more than twice as likely to own a business. Koreans also represent the second-largest number of immigrant business owners here.
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