Diaspora Business


Diaspora Business


Diaspora Business provides interdisciplinary views and empirical research on diaspora in the global business and economy. It presents developed, emerging and developing countries and aspects from investments to institutional support.

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148 mm x 210 mm

Diaspora business is a unique book taking an overarching view to diaspora and business on a global scale. It examines diaspora in the global economy and marketplace from interdisciplinary perspectives. Moreover, it provides numerous discussions on concepts, roles, activities, organizational forms and institutional dimensions combined with empirical research. The scope of the book includes developed, emerging and developing country contexts and matches those to strategic perspectives on management, utilization and employment of diasporas and their resources. The authors represent diverse nationalities and ethnicities, and thus enrich the book with their particular viewpoints. The book is structured in four parts; the first one concentrates on diaspora business, investment and trade, the second one on diaspora entrepreneurship and internationalization, the third one on diaspora networks, roles and social capital, and the fourth part focuses on diaspora frameworks, institutions and policy making.

Introduction: Diaspora Business 
Maria Elo and Liesl Riddle

Part I Diaspora Business, Investment and Trade

Tracing the History of Diaspora Business
Ram S. Vemuri

Understanding Diaspora Investments
Maria Elo and Liesl Riddle

The Role of Diasporas in the Growth and Internationalisation of Businesses in Countries of Origin
Indianna Minto-Coy

Part II Diaspora Entrepreneurship and Internationalization

Transnational Entrepreneurship and Opportunity Recognition
Arnim Decker

Classification of Diaspora Entrepreneurship
Aki Harima

Diaspora, Civil Society Actors and Emerging Market Entry
Mohammad Rana and Maria Elo

Part III Diaspora Networks, Roles and Social Capital

The Impact of Social and Cultural Capital on Jewish Entrepreneurship Business Activities in Shanghai
Erez Katz Volovelsky

Diasporans as Target Market- Service Innovations for Final Repatriation
Maria Elo and Victor Mollel

Analysing the Low Rate of Self-Employment among Migrants in the Rebublic of Ireland and Northern Ireland: The Social Capital of Self-Employed Migrants
Steven Lucas

Part IV Diaspora Frameworks, Institutions, and Policy Making

Gains from Diaspora’s Brain: The Complexity of Successful Migration Policy
Iris Koleša and Andreja Jaklič

Wrong-Headed Assumptions, Unintended Outcomes: The Case of a Migrant Business Support Scheme in Israel
Sibylle Heilbrunn and Ivan Diego Rodriguez


Maria Elo holds a PhD in Economics, Åbo Akademi University, Finland. She is a post-doctoral researcher at Turku School of Economics, Finland and a Migration Fellow at the Institute of Migration, Finland. She is the founder and leader of the Diaspora Networks in International Business- research platform. Her research focuses on international business and diaspora. Her work is published in books and journals, such as Industrial Marketing Management.

Liesl Riddle is an Associate Professor of International Business and International Affairs, The George Washington University, USA. Since 2006, she has led the GW Diaspora Capital Investment Project, which generates and disseminates learning about diaspora investment and its role in development to assist private-sector firms, policymakers, diaspora organizations, diaspora entrepreneurs, and researchers. She consults on diaspora engagement-related issues for international organizations and government agencies, such as the United Nations, the World Bank, and USAID, and for private-sector clients, including Western Union.