Refugee Entrepreneurship Vs Immigrant Entrepreneurship

In the recent past, the number of people forcibly displaced from their countries has continued to increase and had reached approximately 79.5 million in December 2019 (UNHCR, 2020). Of these forcibly displaced people, refugees and those seeking asylum are the most common. Even though most refugees and asylum seekers originate from the developing world and are usually well-distributed across the countries in the developed world, this has changed significantly in the recent past owing to the increased prevalence of long-running conflicts in just a few countries. By the end of 2019, it was estimated that more than two-thirds of all global refugees came from only five countries, namely Syria (6.6 million), Venezuela (3.7 million), Afghanistan (2.7 million), South Sudan (2.2 million), and Myanmar (1.1 million) (UNHCR 2020). Due to the number of refugees, not just in Europe but other parts of the developed world, understanding refugees' role in entrepreneurship in their host countries has become a subject of great importance.

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