Polish entrepreneurs aid West Mids economy, study shows
Birmingham researcher shows net value of Polish entrepreneurship to the West Midlands economy.
A major new study of Polish migrants coming to the UK, shows that their business add significant value to the economy of the West Midlands. The study also shows the huge diversity of businesses that this group of migrants has become involved with, moving beyond the stereotypes of construction.
The research by doctoral researcher Catherine Harris is the first significant study to investigate the experiences of Polish Entrepreneurs coming to the UK. The team interviewed 48 Polish entrepreneurs in the West Midlands who migrated around the time of EU enlargement in May 2004.
The research identifies 3 key areas to challenge traditional stereotypes:
- All of the entrepreneurs interviewed had a business idea before coming to the UK, although many worked in areas like construction or agriculture to raise the capital required to set up a business.
- The entrepreneurs work in the expected business types like delicatessens, hairdressers, construction companies and restaurants. There are, however, also a significant number of professional services including lawyers, tax advisors and mortgage advisors.
- Although businesses generally began by serving the Polish community, many have now expanded to employ staff from the wider community.
The study highlights that, in addition to generating employment, Polish immigration is a realistic potential source of income for the local economy as many entrepreneurs rely on funding from home to set up their business. The study shows that family finance is an important source of capital for Polish entrepreneurs with more than half the entrepreneurs interviewed mentioning family capital or financial advice as important in setting up a UK business.
Catherine said, “This research challenges the perceptions of Polish immigration in Britain, highlighting that Polish migration is making a significant contribution to the local economy. None of the entrepreneurs interviewed were unemployed on entering the UK. In fact many chose to work in agriculture or hospitality on arrival, despite having professional jobs and qualifications in Poland. Furthermore, these new businesses are generating employment in a time of austerity in the country“