Work

Harnessing Social Capital for Post-COVID-19 Resilience: A Study of Asian Businesses in New York City

Year: 2024

Type: article

Abstract: Prior studies have explored how Asian businesses leverage social capital for success, but little attention has been given to its role in disaster recovery. This study addresses this gap by highlighting social capital’s impact on recovery strategies. Twenty-three business interviews were conducted in Chinatown, Manhattan, NYC, and the research unveils that ethnic social capital, including co-ethnic labor, secured market access, in-kind support, and information sharing, constitutes instrumental resources for their recovery. Moreover, it is linked to the intersecting identities—immigrant, minority, and Asian. These findings underscore the importance of comprehending ethnic social capital to foster both business resilience and local economic recovery.

Source: Journal of Planning Education and Research

DOI: 10.1177/0739456x241276127

Authors: Sua Kim, Divya Chandrasekhar

Institutions: University of California, Riverside, University of Utah

Language: English

Topic: Migration, Ethnicity, and Economy

Subfield: Sociology and Political Science

Field: Social Sciences

Domain: Social Sciences

SDGs: Reduced inequalities, Decent work and economic growth, Sustainable cities and communities

Open Access status: hybrid

Estimated APC paid: $3,700