Economic Informality and the Venture Funding Impact of Migrant Remittances to Developing Countries

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

“…These recent developments and conjectures help explain recent studies documenting, for example, robust links between migrant remittances to and more venture investment activity in many lessdeveloped countries (e.g. Martinez, Cummings & Vaaler, 2015).…”

M-payment use and remittances in developing countries: a theoretical analysis

“…Remittance flows are generated mainly by high migration, satisfy several economic objectives (consumption, investment, insurance), and can have diverse economic impacts on home countries (Martinez, Cumming, and Vaaler, 2015). On the basis of these trends, the World Bank suggests the existence of a positive relationship between remittance flows and financial inclusion on the one hand, and between M-payment use and financial inclusion on the other.…”

Diaspora engagement institutions and venture investment activity in developing countries

“…The common development refrain is that migration and remittances can be leveraged for financing purposes (Brinkerhoff, 2011;World Bank, 2015a). Although prior research (Dustmann & Kirchkamp, 2002;Martinez et al, 2015;Vaaler, 2011Vaaler, , 2013Woodruff & Zenteno, 2007) has outlined some of the theoretical underpinnings for why and how remittances have a measurable impact on venture activity in developing countries, I outline the underlying logic for this prediction to set the stage for subsequent contingent predictions.…”

“…Even if only a small percentage of remittance funding goes for business rather than household consumption, the cumulative effect of these transfers will significantly and positively affect the new venture environment in the COO. (Martinez et al, 2015). Therefore, Based on the foregoing general discussion of Social Exchange Theory and Organizational Identification Theory I move now to an exploration of how the theories apply in the DEI-diaspora context.…”

“…First, my dissertation study contributes to research in entrepreneurship by providing richer and more nuanced explanation of the drivers of capital availability and investment growth in the developing world. This dissertation fits into the broad set of scholarship which explores the antecedents and conditions of diaspora engagement (E.g., Brinkerhoff, 2012;Gamlen, Cummings, Vaaler, & Rossouw, 2013;Sørensen, 2007), as well as factors which enhance the role of remittances for entrepreneurship and development (Martinez, Cummings, & Vaaler, 2015;Vaaler, 2013).…”