When Do Returnees Become Founders?

What: Management Department Seminar
When : April 21, 2016
Where : SHDH 116
Who: Dan Wang, Columbia Business School

KEYPOINTS

1)Returnee entrepreneurs are expected to contribute something to their home countries economic growth because of their exposure, experience and perspective.

2)Skills returnee occupy an important position in global economic system.

3)Overseas experience can be utilized to start a new venture in home countries.

4)Research suggested returnees who have more valuable skills and stronger cross-border networks are more likely to start new venture in their home countries.

FINDINGS

1)Returnees to countries with higher uncertainty avoidance are less likely to start a business after re-entry.

2)Positive effects of diverse skills abroad, stronger overseas ties and working with peers with entrepreneurial experience on returnee's own entrepreneurial transition diminish a the level of uncertainty avoidance home country increase.