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Social ties and venture creation by returnee entrepreneurs

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  • Pruthi, Sarika

Abstract

Recent years have witnessed the return of individuals of Indian or Chinese origin from developed markets to their home countries to start new ventures. Returnee Entrepreneurs (REs) facilitate both direct technology transfer and indirect technology spillovers to local firms, thus contributing to the technological development of emerging economies. Much previous work is based on the integration of ethnic entrepreneurs in their host countries or business activities of transnational entrepreneurs that traverse their host and home countries. This study explores the role of social ties in venture creation by REs. Based on twenty case studies in India, the findings show that (1) local ties are indispensable for venture creation, and (2) the heterogeneity in the way REs leverage social ties across the host and home countries is contingent on the location of their intention to start up and generation of idea for their venture. The implications of these findings are discussed.

Suggested Citation

  • Pruthi, Sarika, 2014. "Social ties and venture creation by returnee entrepreneurs," International Business Review, Elsevier, vol. 23(6), pages 1139-1152.
    • Handle: RePEc:eee:iburev:v:23:y:2014:i:6:p:1139-1152
    DOI: 10.1016/j.ibusrev.2014.03.012
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    Cited by:

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    2. Michael E. Cummings & Alan Gamlen, 2019. "Diaspora engagement institutions and venture investment activity in developing countries," Journal of International Business Policy, Palgrave Macmillan, vol. 2(4), pages 289-313, December.
    3. Robert Wentrup & H. Richard Nakamura & Patrik Ström, 2020. "Closing the Digital Entrepreneurship Gap the Case of Returnee Entrepreneurs in Morocco," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 6(1), pages 140-162, January.
    4. Haiyan Li & Salih Zeki Ozdemir & Peter A. Heslin, 2023. "Merely Folklore? The Role of a Growth Mindset in the Taking and Timing of Entrepreneurial Actions," Entrepreneurship Theory and Practice, , vol. 47(6), pages 2077-2120, November.
    5. Liu, Xiaohui & Xia, Tianjiao & Jiangyong, Lu & Lin, Daomi, 2019. "Under what institutional conditions does overseas business knowledge contribute to firm performance?," International Business Review, Elsevier, vol. 28(3), pages 588-602.
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    8. Sarika Pruthi & Anuradha Basu & Mike Wright, 2018. "Ethnic ties, motivations, and home country entry strategy of transnational entrepreneurs," Journal of International Entrepreneurship, Springer, vol. 16(2), pages 210-243, June.
    9. Shu-Fen Chuah & Swee-Sim Foong, 2019. "Managerial Ability and Firm Performance in Malaysia: Do Familiness and Foreignness of the CEOs Matter?," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 22(03), pages 1-31, September.
    10. Mukherjee, Debmalya & Kumar, Satish & Mukherjee, Deepraj & Goyal, Kirti, 2022. "Mapping five decades of international business and management research on India: A bibliometric analysis and future directions," Journal of Business Research, Elsevier, vol. 145(C), pages 864-891.
    11. Coșciug Anatolie, 2023. "Editorial Introduction: Exploring Return Migration and its Transformative Potential in Romania and Beyond," Social Change Review, Sciendo, vol. 20(1), pages 1-18, December.
    12. Abd Hamid, Hamizah & Pidduck, Robert J. & Newman, Alexander & Ayob, Abu Hanifah & Sidek, Farhana, 2023. "Intercultural resource arbitrageurs: A review and extension of the literature on transnational entrepreneurs," Journal of Business Research, Elsevier, vol. 165(C).
    13. Sarika Pruthi & Jay Mitra & Jay Mitra, 2020. "Special Issue on ‘Migrant and Transnational Entrepreneurs: International Entrepreneurship and Emerging Economies’," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 6(1), pages 7-11, January.
    14. 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.
    15. Bai, Wensong & Holmström-Lind, Christine & Johanson, Martin, 2018. "Leveraging networks, capabilities and opportunities for international success: A study on returnee entrepreneurial ventures," Scandinavian Journal of Management, Elsevier, vol. 34(1), pages 51-62.
    16. Mai, Nhat Chi, 2020. "Unpacking the process of overseas knowledge recontextualisation in returnee entrepreneurship - a learning perspective : a study of returnee entrepreneurs in Vietnam," OSF Preprints y5psh, Center for Open Science.
    17. Farndale, Elaine & Beamond, Maria & Corbett-Etchevers, Isabelle & Xu, Shiyong, 2022. "Accessing host country national talent in emerging economies: A resource perspective review and future research agenda," Journal of World Business, Elsevier, vol. 57(1).
    18. Patrick R. Woock & Yun Fei & Lu Wei, 2016. "Transnational entrepreneurship: factors impacting developed to developing entrepreneur speed to market," International Journal of Pluralism and Economics Education, Inderscience Enterprises Ltd, vol. 7(1), pages 77-90.
    19. Li, Haiyan, 2020. "Role of overseas ethnic and non-ethnic ties and firm activity in the home country in the internationalization of returnee entrepreneurial firms," Journal of International Management, Elsevier, vol. 26(1).
    20. Rose Quan & Mingyue Fan & Michael Zhang & Huan Sun, 2019. "A dynamic dual model: The determinants of transnational migrant entrepreneurs' embeddedness in the UK," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 15(2), pages 29-56.
    21. Fletcher, Margaret & Zhao, Yang & Plakoyiannaki, Emmanuella & Buck, Trevor, 2018. "Three Pathways to Case Selection in International Business: A Twenty–Year Review, Analysis and Synthesis," International Business Review, Elsevier, vol. 27(4), pages 755-766.
    22. Li Zhou & Maris Farquharson & Thomas Wing Yan Man, 2016. "Human Capital of Returnee Entrepreneurs: A Case Study in China," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 24(04), pages 391-418, December.
    23. Sarika Pruthi & Jay Mitra, 2017. "Journal of Entrepreneurship and Innovation in Emerging Economies," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 3(2), pages 148-154, July.
    24. Michael J.D. Roberts & Paul W. Beamish, 2017. "The Scaffolding Activities of International Returnee Executives: A Learning Based Perspective of Global Boundary Spanning," Journal of Management Studies, Wiley Blackwell, vol. 54(4), pages 511-539, June.

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