Human Capital and Entrepreneurial Success of Indonesian Immigrant Entrepreneurs in Taiwan

Desi Yuliana (Teuku Umar University, Indonesia)
Wong Chan-Yuan (National Tsing Hua University, Taiwan)
Irfandi Djailani (National Central University, Taiwan)

BASKARA: Journal of Business and Entrepreneurship
Vol. 8 No. 2 (2026): BASKARA: Journal of Business and Entrepreneurship

This paper examines the role of human capital in determining the entrepreneurial success of Indonesian immigrant entrepreneurs in Taiwan. Drawing on a dataset of 50 Indonesian entrepreneurs, the study investigates how factors such as education, prior work experience, and acquired skills influence business performance. The findings reveal that human capital characteristics—particularly education and previous entrepreneurial experience—play a critical role in shaping entrepreneurial outcomes. However, many immigrant entrepreneurs face challenges in aligning their formal education with their current business ventures. This study contributes to the growing discourse on immigrant entrepreneurship, emphasizing the importance of human capital in sustaining successful entrepreneurial endeavors in a foreign context.