1 Changing Societies: Welfare and Diversity, Department of Social Sciences and Business, Roskilde University2 The Department of Society and Globalisation, Roskilde University3 University of Canterbury4 University of California, Los Angeles
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.
International Journal of Entrepreneurship and Small Business, 2013, Vol 18, Issue 2, p. 125-153
Trust; weak ties and strong ties; ethnic solidarity; bazaar economy