"Diaspora concentration and the venture investment impact of remittances" by Prof Paul Vaaler

Past Event

25 April 2012, 1:00pm - 2:00pm

Queen Elizabeth House
Oxford Department of International Development, 3 Mansfield Road, Oxford OX1 3TB

This seminar is hosted by the International Migration Institute

Abstract: International business (“IB”) research has developed theory and preliminary evidence suggesting that remittances from overseas immigrant diasporas enhance home-country venture capital access, particularly in developing countries where a dearth of formal institutional protections deter other foreign investors. I extend this research with theory and evidence linking the geographic concentration of immigrant diasporas abroad to the magnified venture investment impact of their remittances back home. Analyses of remittances to 50 developing counties from 2002-2007 show that the venture investment impact of remittances may be completely nullified when coming from geographically-dispersed immigrant diasporas. Diaspora concentration abroad facilitates more effective discovery of venture opportunities back home.

Speakers: Professor Paul Vaaler, Visiting Fellow, SaÏd Business School and Director, Center for Integrative Leadership, University of Minnesota

Convenor: Dr Mathias Czaika, James Martin Fellow, International Migration Institute

For further information please contact Dr Mathias Czaika, mathias.czaika@qeh.ox.ac.uk