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Best practices in the field of returnee entrepreneurship

Author

Listed:
  • Raluca Mariana Grosu

    (Bucharest University of Economic Studies)

  • Elena Ecaterina Nicolae

Abstract

Romania, an important provider of immigrants – especially for member states of the European Union – has remarkable potential for developing returnee entrepreneurship. Observing this context, through this paper I aim to highlight means of encouraging this phenomenon in Romania, one of the main objectives referring to the development of a best practice guide in order to promote and sustain returnee entrepreneurship. Based on an intensive process of literature review, following the experience of other countries with a high degree of experience in this field, I created a model that illustrates a series of specific features displayed by this phenomenon, as well as a best practice guide. This guide mainly outlines a series of directions regarding financial, legislative, institutional, and educational aspects. Through this paper, I aim to bring a contribution to the development of the scientific literature in the field of returnee entrepreneurship and to raise awareness among policy makers on the complexity and importance of this phenomenon. Furthermore, by detailing the components of this model in Romania and by presenting the best practice guide, this paper may represent an important starting point in developing a national strategy for encouraging emigrants` return and the development of entrepreneurial activities among them.

Suggested Citation

  • Raluca Mariana Grosu & Elena Ecaterina Nicolae, 2015. "Best practices in the field of returnee entrepreneurship," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(39), pages 799-799, May.
    • Handle: RePEc:aes:amfeco:v:39:y:2015:i:17:p:799
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    References listed on IDEAS

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    1. Mike Wright & Xiaohui Liu & Trevor Buck & Igor Filatotchev, 2008. "Returnee Entrepreneurs, Science Park Location Choice and Performance: An Analysis of High–Technology SMEs in China," Entrepreneurship Theory and Practice, , vol. 32(1), pages 131-155, January.
    2. Démurger, Sylvie & Xu, Hui, 2011. "Return Migrants: The Rise of New Entrepreneurs in Rural China," World Development, Elsevier, vol. 39(10), pages 1847-1861.
    3. Ouyang, Zhangsun & Zhang, Xinzhi & Wang, Runqun & Luo, Feng & Shen, Aiguo & Wu, Xingxin, 2010. "Typical Survey and Research on Returning-home Migrant Workers’ Entrepreneurship in Jiangxi Province under Post-financial Crisis," Asian Agricultural Research, USA-China Science and Culture Media Corporation, vol. 2(10), pages 1-4, October.
    4. Wahba, Jackline & Zenou, Yves, 2012. "Out of sight, out of mind: Migration, entrepreneurship and social capital," Regional Science and Urban Economics, Elsevier, vol. 42(5), pages 890-903.
    5. Agrawal, Ajay & Kapur, Devesh & McHale, John & Oettl, Alexander, 2011. "Brain drain or brain bank? The impact of skilled emigration on poor-country innovation," Journal of Urban Economics, Elsevier, vol. 69(1), pages 43-55, January.
    6. M. Wright & X. Liu & I. Filatotchev, 2012. "Returnee Entrepreneurs: Resource Orchestration, Context and Knowledge Spillovers," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 12/797, Ghent University, Faculty of Economics and Business Administration.
    7. Rachel Murphy, 1999. "Return migrant entrepreneurs and economic diversification in two counties in south Jiangxi, China," Journal of International Development, John Wiley & Sons, Ltd., vol. 11(4), pages 661-672.
    8. repec:bla:scotjp:v:48:y:2001:i:2:p:164-78 is not listed on IDEAS
    9. Marchetta, Francesca, 2012. "Return Migration and the Survival of Entrepreneurial Activities in Egypt," World Development, Elsevier, vol. 40(10), pages 1999-2013.
    10. Filatotchev, Igor & Liu, Xiaohui & Lu, Jiangyong & Wright, Mike, 2011. "Knowledge spillovers through human mobility across national borders: Evidence from Zhongguancun Science Park in China," Research Policy, Elsevier, vol. 40(3), pages 453-462, April.
    11. Dai, Ou & Liu, Xiaohui, 2009. "Returnee entrepreneurs and firm performance in Chinese high-technology industries," International Business Review, Elsevier, vol. 18(4), pages 373-386, August.
    12. Pruthi, Sarika, 2014. "Social ties and venture creation by returnee entrepreneurs," International Business Review, Elsevier, vol. 23(6), pages 1139-1152.
    13. Kenney, Martin & Breznitz, Dan & Murphree, Michael, 2013. "Coming back home after the sun rises: Returnee entrepreneurs and growth of high tech industries," Research Policy, Elsevier, vol. 42(2), pages 391-407.
    14. Piracha, Matloob & Vadean, Florin, 2010. "Return Migration and Occupational Choice: Evidence from Albania," World Development, Elsevier, vol. 38(8), pages 1141-1155, August.
    15. Barry McCormick & Jackline Wahba, 2001. "Overseas Work Experience, Savings and Entrepreneurship Amongst Return Migrants to LDCs," Scottish Journal of Political Economy, Scottish Economic Society, vol. 48(2), pages 164-178, May.
    16. Mezger Kveder, Cora Leonie & Flahaux, Marie-Laurence, 2013. "Returning to Dakar: A Mixed Methods Analysis of the Role of Migration Experience for Occupational Status," World Development, Elsevier, vol. 45(C), pages 223-238.
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    Citations

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    Cited by:

    1. Ciprian Tudurachi, 2017. "Innovation in SMEs - An Intensive Preoccupation of Business People All Around the World," Hyperion Economic Journal, Faculty of Economic Sciences, Hyperion University of Bucharest, Romania, vol. 5(4), pages 36-40, December.
    2. Adriana AnaMaria Davidescu & Vasile Alecsandru Strat & Raluca Mariana Grosu & Ion Daniel Zgura & Sorin Anagnoste, 2018. "The Regional Development of the Romanian Rural Tourism Sector," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 20(S12), pages 854-854, November.
    3. Marieta Olaru & Vasile Dinu & Timo Keppler & Bogdan Mocan, 2015. "Study on the Open Innovation Practices in Romanian Smes," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(S9), pages 1129-1129, November.
    4. Radu Florin OGARCA & Sorinel DOMNISORU & Liviu CRACIUN & Laurentiu MIHAI, 2019. "Returnee Entrepreneurship In Romania – Determinants And Perspectives," Management and Marketing Journal, University of Craiova, Faculty of Economics and Business Administration, vol. 0(2), pages 7-23, November.

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    More about this item

    Keywords

    entrepreneurship; returnee entrepreneurship; best practices; Romania; international migration; emigration;
    All these keywords.

    JEL classification:

    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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