Fusion of cultures: foreign entrepreneurship and its impact on social innovation

• DOI: https://doi.org/10.22533/at.ed.2164242426115

• Palavras-chave: Valencia, entrepreneurship, talent attraction, foreigners, creativity.

• Keywords: Valencia, entrepreneurship, talent attraction, foreigners, creativity.

• Abstract:

  The article is part of a study conducted with the aim of knowing the social aspects related to the ability to attract and retain talent and creativity (human capital) in Valencia and its metropolitan area, which allows us to be able to analyze the elements that make Valencia an attractive city for foreign entrepreneurship. From the analysis of the experiences we discover the emergence of business initiatives carried out by foreign entrepreneurs, which we can consider innovative within their professional area and that bring us closer to a model of business activities considered innovative and strategic, which are more resilient to economic crises.
  The study is approached from a methodological perspective based on the qualitative paradigm, focusing on understanding the specific social scenario in which the entrepreneurship of foreigners is developing, and the techniques used are documentary analysis, case studies, semi-structured interviews, and analysis of innovative initiatives. The main results allow us to understand how the city is configured as a driving agent of initiatives, in which entrepreneurship is an important factor of economic growth and job creation. Thus, the analysis of innovative initiatives can be taken into consideration as a key element in the generation of knowledge, from which a frame of reference can be configured to promote new actions. Among the conclusions, it is worth mentioning the relevance of cities having a reference political strategy that not only promotes economic development, but also encourages the implementation of innovative initiatives that attract foreign capital, and from whose analysis a range of new opportunities can be opened up.