Diaspora engagement institutions and venture investment activity in developing countries

Cummings, Michael

doi:10.1057/s42214-019-00035-8

Cited by 16 publications

(2 citation statements)

References 162 publications

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“…The first article in the special issue by Cummings and Gamlen (2019) represents those three principles quite well. They ask after the effects of diaspora engagement institutions on venture investment in developing countries.…”

Section: The Special Issue Articlesmentioning

confidence: 99%

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Migrants, migration policies, and international business research: Current trends and new directions

et al. 2019

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Migrant and migration policy (MMP) issues have often influenced important international business (IB) research questions, but the last 20 years have seen the emergence of new or ''renewed'' MMP issues tied to changes in migrant demographics, wealth, skills, home-country provenance, host-country attitudes, and international governance. Articles in the inaugural special issue of the Journal of International Business Policy address those issues, connect them to classic IB research questions, and then develop theory and evidence to inform current IB scholarly debates and guide IB executives, investors, and the public policy-makers overseeing those business activities. Our introductory article provides an overview of new and renewed MMP issues addressed in the special issue. It defines foundational MMP concepts and trends, compares classic IB and current MMP research questions, summarizes the eight articles included in the special issue, and offers suggestions for advancing research in both fields.

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Section: The Special Issue Articlesmentioning

confidence: 99%

“…Depending on how you read history, this IB question is 25-30 years old (Murrow, 1988;Oviatt & McDougall, 1994). In the special issue, Cummings and Gamlen (2019) answer an inverted version of that question. They explain why migrants living abroad have advantages in funding and founding new ventures back home.…”

Section: Introductionmentioning

confidence: 99%

Migrants, migration policies, and international business research: Current trends and new directions

et al. 2019

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History and Future of Migration in International Business: From River to Tidal Flows

Muibi

Fitzsimmons

2022

Contributions to Management Science

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Remittances, economic complexity, and new firms’ creation: empirical evidence from a large sample of countries

Piras

2023

Econ Change Restruct

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One of the most debated issues in migration economics regards the effects of remittances in receiving countries. In this paper, we test whether the economic complexity of a country is relevant for understanding the impact of remittances on new firms’ birth. We find evidence that the impact of real per capita remittances on new firms’ creation is inversely mediated by economic complexity. More (less) complex economies generate opportunities to found new firms which need high (low) funding. Since economic complexity is positively correlated with economic development, remittances are more likely to facilitate the establishment of new firms in less developed economies rather than in more advanced ones. We also examine the link between remittances and new firm creation for Africa, Asia, Europe, and Latin America and the Caribbean countries, finding very heterogeneous patterns. Hence, policy implications aiming at attracting remittances to create new firms should respond to the challenges posed by specific countries and be tailored to their peculiar needs. Countries of origin should build institutions and facilitate the creation of networks to bridge the diaspora abroad with their home country to increase awareness of new business opportunities. Policy initiatives could spur investment in the formal economy by making regulations less stringent, discouraging the use of remittances for consumption purposes, reducing informality, improving competition, reducing remittance transfer costs, and giving incentives to new firms created through remittances.

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Diaspora engagement institutions and venture investment activity in developing countries

Cited by 16 publications

References 162 publications

Migrants, migration policies, and international business research: Current trends and new directions

Migrants, migration policies, and international business research: Current trends and new directions

History and Future of Migration in International Business: From River to Tidal Flows

Remittances, economic complexity, and new firms’ creation: empirical evidence from a large sample of countries

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