Transnational Diaspora Entrepreneurship

The advancement and progression of migrant businesses has increased significantly in the globalized modern society. As such, current research has emerged regarding the characteristics of transnational economic activities. Diasporas and Transnational Entrepreneurship in Global Contexts is an essential reference publication for the latest material on the nature, process, and outcome of migrant entrepreneurs’ economic activities expanding from their countries of origin to their countries of residence. Featuring coverage on a broad range of topics, such as regional growth, industrial development, and employment generation, this book is ideally designed for researchers, advanced-level students, practitioners, managers, and policy-makers seeking current research on how economic development can be encouraged and nurtured among ethnic entrepreneurs and businesses.

A burgeoning literature is currently exploring the rise of a new migratory profile: migrants engaged in Transnational Entrepreneurship, referring to immigrants who are engaged in cross-border business involving their country of origin and destination, both perceived as lands of opportunity. Until now, little has been done in linking business studies and migration studies in this particular field of research on diaspora politics and Transnational Entrepreneurship; besides, the focus has mostly been on identifying the key independent variables, patterns, and developing hypotheses on the favourable and non-favourable factors promoting migrant business involvement in the country of residence alone. This book collects the main findings of the European Horizon–2020–RISE Project "DiasporaLink", a multidisciplinary project that has gathered the most prominent scholars in their respective field. Grounded in a variety of empirical evidences of the impact of Transnational Entrepreneurship, the book aims to explore the new global social pattern of entrepreneurs doing business transnationally. The chapters in this book were first published as a special issue of the Journal of Ethnic and Migration Studies.

This book focuses on the role of immigrants in building economic, social and political relationships between countries. In this era of growing global interconnectedness, international migration and immigrant issues have become a significant source of disunity between countries. In some receiving countries, immigrants are now workforce replacements for an ageing population, while in sending countries immigrants use the experience gained in their country of residence for investment and entrepreneurial activity in their country of origin. This has led to the suggestion that immigrant activities are no longer a process of bridging the economic imbalance between nations, but rather the bridging of economic, social and political relationships.Transnational diaspora entrepreneurial activity relies on the relationship between immigrants and their home country, their understanding of the economic, political, and social systems in both their home and host countries, and the demand for their home country's cultural goods. As the demand for home cultural goods grows, there is a need to establish businesses that can operate across multiple environments. This book posits that transnational diaspora entrepreneurship can be seen as the internationalization process of immigrant entrepreneurship. It explains the role of enclaves in supporting this activity and offers valuable insights into how immigrant enclave activity and informal networking influence transnational diaspora entrepreneurship.

This comprehensive Research Handbook provides insights into entrepreneurship across a range of country contexts, migration corridors and national policies to provide a collection of conceptual, empirical and policy-focused findings addressing transnational diaspora entrepreneurship. Chapters illustrate the phenomenon, considering what it is, how it works and how it is regulated.

This contributed volume focuses on diasporans, their characteristics, networks, resources and activities in relation to international business and entrepreneurship. It presents an overview of diaspora concepts from an economic perspective, and analyzes the global-economic and societal effects and mechanisms, revealing both positive and negative aspects of diaspora activities. Providing insights into the socio-cultural influences, it discusses diaspora entrepreneurship and international business, the respective organisational models, investments and business types. Lastly it offers an assessment of managing diaspora resources and policymaking. This book was created by an interdisciplinary team of editors, co-authors and reviewers including historians, sociologists, psychologists, linguists and ethnologists, as well as experts in public policy, international business, marketing and entrepreneurship. This unique team (many of the authors are themselves diasporans with an extensive understanding of their topic) provides the first global academic platform on the subject, combining the latest empirical evidence from developing, emerging, transitional and developed countries with various combinations of diaspora flows that to date have received little attention.

The case study illustrates the multi-focal activities involved in diaspora and transnational entrepreneurship, which serves as a form of empowerment mechanism for ethnic individuals in a country of residence. Furthermore, the resources required for this type of economic empowerment are examined together with its associated shortcomings. The effects of these shortcomings on one diaspora and transnational entrepreneur prompt an introspection that result in the contemplation of three potential courses of action.

Diaspora Business provides interdisciplinary views and empirical research on diaspora in the global business and economy. It presents developed, emerging and developing countries and aspects from investments to institutional support.

Examining the experiences of Africans setting up businesses back home, the main focus of this book is to establish the economic, social and psychological reasons for such ‘home direct investment’. Despite the personal sacrifices that are often needed in order to set up new ventures, the diaspora invests relentless effort and motivations in the pursuit of home ventures. The authors explore critical areas such as the social and psychological pressures that African Diasporas experience when investing in their home countries, as well as the management of diaspora businesses and the impact of such investment to local economies.