From Immigrant To Transnational Diaspora Entrepreneur The Roles Of Enclaves In Their Entrepreneurial Journey

From Immigrant To Transnational Diaspora Entrepreneur: The Roles Of Enclaves In Their Entrepreneurial Journey

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.

Unveiling the Potential of Diaspora Businesses: Global Insights

Diaspora businesses drive economic growth and innovation by fostering entrepreneurship, creating jobs, and facilitating technology transfer across borders. They play a crucial role in both their host countries and countries of origin, contributing to local development and international trade. By leveraging cultural knowledge, personal networks, and transnational ties, diaspora entrepreneurs can navigate complex markets and serve as bridges between different economies. Their ventures often stimulate skill development, promote social mobility, and inspire future generations through mentorship and role modeling. In times of crisis, diaspora businesses also support community resilience through philanthropy and post-disaster recovery efforts, enhancing societal well-being globally. Unveiling the Potential of Diaspora Businesses: Global Insights uncovers the way through which diaspora individuals leverage their unique resources to create, develop, and sustain businesses, and how this is shaped by various institutional and legal frameworks. It explores the nature and the underpinning reasons and mechanisms of the contribution made by diasporan entrepreneurs and their businesses at different levels in both host countries and home countries. Covering topics such as business ownership, migrant integration, and women entrepreneurship, this book is an excellent resource for academicians, policymakers, practitioners, business leaders, researchers, and more.

Diaspora Governance and Transnational Entrepreneurship