IDEAS home Printed from https://ideas.repec.org/a/unc/tncjou/74.html
   My bibliography  Save this article

International venturing and investment: global citizens and golden visas

Author

Listed:
  • Maria Elo

Abstract

Countries attract foreign investors, “entrants”, to invest and venture by employing policy programmes and marketing strategies. Country attractiveness for foreign investors relates to international competitiveness. Instruments building a formal status, such as golden visas and citizenship, are used to attract individual foreign investors and their families. These are often cosmopolitan people, i.e. global citizens but also global diasporans. They contribute to the economy, ideas and transnational entrepreneurial ecosystems. These policy instruments are criticized partly due to missing legitimacy, partly due to concerns about geopolitics and international crime. However, diasporic investors manifest different motivations and commitments, making them particular. This study examines what kind of investor programmes are offered to different foreign migrant investors and whether they address diasporic ties. It presents a country comparison of investor policy pathways towards citizenship. It contributes to the literature on migrant investment and policymaking.

Suggested Citation

  • Maria Elo, . "International venturing and investment: global citizens and golden visas," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.
  • Handle: RePEc:unc:tncjou:74
    as

    Download full text from publisher

    File URL: https://unctad.org/system/files/official-document/diaeia2021d3a3_en.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jean-Marie Nkongolo-Bakenda & Elie Chrysostome, 2013. "Engaging diasporas as international entrepreneurs in developing countries: In search of determinants," Journal of International Entrepreneurship, Springer, vol. 11(1), pages 30-64, March.
    2. Yevgeny Kuznetsov, 2006. "Diaspora Networks and the International Migration of Skills : How Countries Can Draw on their Talent Abroad," World Bank Publications - Books, The World Bank Group, number 7008, December.
    3. Owen Parker, 2017. "Commercializing Citizenship in Crisis EU: The Case of Immigrant Investor Programmes," Journal of Common Market Studies, Wiley Blackwell, vol. 55(2), pages 332-348, March.
    4. Ricarda B. Bouncken & Yixin Qiu & Noemi Sinkovics & Wolfgang Kürsten, 2021. "Qualitative research: extending the range with flexible pattern matching," Review of Managerial Science, Springer, vol. 15(2), pages 251-273, February.
    5. Paul M Vaaler, 2011. "Immigrant remittances and the venture investment environment of developing countries," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 42(9), pages 1121-1149, December.
    6. Maria Elo, 2016. "Typology of diaspora entrepreneurship: Case studies in Uzbekistan," Journal of International Entrepreneurship, Springer, vol. 14(1), pages 121-155, March.
    7. Wenfei Winnie Wang & C Cindy Fan, 2006. "Success or Failure: Selectivity and Reasons of Return Migration in Sichuan and Anhui, China," Environment and Planning A, , vol. 38(5), pages 939-958, May.
    8. Rudolf R. Sinkovics & Eva A. Alfoldi, 2012. "Progressive Focusing and Trustworthiness in Qualitative Research," Management International Review, Springer, vol. 52(6), pages 817-845, December.
    9. Claire M. Leitch & Richard T. Harrison, 2016. "Identity, identity formation and identity work in entrepreneurship: conceptual developments and empirical applications," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 28(3-4), pages 177-190, March.
    10. Nyame-Asiamah, Frank & Amoako, Isaac Oduro & Amankwah-Amoah, Joseph & Debrah, Yaw A., 2020. "Diaspora entrepreneurs’ push and pull institutional factors for investing in Africa: Insights from African returnees from the United Kingdom," Technological Forecasting and Social Change, Elsevier, vol. 152(C).
    11. Sinkovics, Noemi & Reuber, A. Rebecca, 2021. "Beyond disciplinary silos: A systematic analysis of the migrant entrepreneurship literature," Journal of World Business, Elsevier, vol. 56(4).
    12. Steffen Roth, 2010. "The diaspora as a nation's capital: crowdsourcing strategies for the Caucasus," International Journal of Transitions and Innovation Systems, Inderscience Enterprises Ltd, vol. 1(1), pages 44-58.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Maria Elo, 2016. "Typology of diaspora entrepreneurship: Case studies in Uzbekistan," Journal of International Entrepreneurship, Springer, vol. 14(1), pages 121-155, March.
    2. Elo, Maria & Täube, Florian A. & Servais, Per, 2022. "Who is doing “transnational diaspora entrepreneurship”? Understanding formal identity and status," Journal of World Business, Elsevier, vol. 57(1).
    3. Ndikumana David Emmanuel & Maria Elo & Rebecca Piekkari, 2019. "Human stickiness as a counterforce to brain drain: Purpose-driven behaviour among Tanzanian medical doctors and implications for policy," Journal of International Business Policy, Palgrave Macmillan, vol. 2(4), pages 314-332, December.
    4. Sandoz Laure & Mittmasser Christina & Riaño Yvonne & Piguet Etienne, 2022. "A Review of Transnational Migrant Entrepreneurship: Perspectives on Unequal Spatialities," ZFW – Advances in Economic Geography, De Gruyter, vol. 66(3), pages 137-150, October.
    5. Kunlin Xu & Judy Drennan & Shane Mathews, 2019. "Immigrant entrepreneurs and their cross-cultural capabilities: A study of Chinese immigrant entrepreneurs in Australia," Journal of International Entrepreneurship, Springer, vol. 17(4), pages 520-557, December.
    6. Rana, Mohammad B. & Elo, Maria, 2017. "Transnational Diaspora and Civil Society Actors Driving MNE Internationalisation: The Case of Grameenphone in Bangladesh," Journal of International Management, Elsevier, vol. 23(1), pages 87-106.
    7. Maria Elo, 2015. "Diaspora networks in international business: a review on an emerging stream of research," Chapters, in: Handbook on International Alliance and Network Research, chapter 1, pages 13-41, Edward Elgar Publishing.
    8. Eduardo Picanço Cruz & Roberto Pessoa QueirozFalcão & Rafael Cuba Mancebo, 2020. "Market orientation and strategic decisions on immigrant and ethnic small firms," Journal of International Entrepreneurship, Springer, vol. 18(2), pages 227-255, June.
    9. Nerys Fuller-Love & Mofoluke Akiode, 2020. "Transnational Entrepreneurs Dynamics in Entrepreneurial Ecosystems: A Critical Review," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 6(1), pages 41-66, January.
    10. Jean-Marie Nkongolo-Bakenda & Elie V. Chrysostome, 2020. "Exploring the organizing and strategic factors of diasporic transnational entrepreneurs in Canada: An empirical study," Journal of International Entrepreneurship, Springer, vol. 18(3), pages 336-372, September.
    11. Maximilian Scheu & Andreas Kuckertz, 2023. "Explorers of the twenty-first century? A systematic literature review of the scholarship on international entrepreneurs from developed economies," International Entrepreneurship and Management Journal, Springer, vol. 19(1), pages 177-235, March.
    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. Martinez, Candace & Cummings, Michael E. & Vaaler, Paul M., 2015. "Economic informality and the venture funding impact of migrant remittances to developing countries11Please contact Paul M. Vaaler regarding this paper. This research benefitted from a presentation at ," Journal of Business Venturing, Elsevier, vol. 30(4), pages 526-545.
    14. Mazanai Musara & Cecile Nieuwenhuizen, 2021. "A value proposition mix framework of successful foreign-owned small and medium enterprises in South Africa," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 9(1), pages 612-632, September.
    15. Maria Elo & Susanne Sandberg & Per Servais & Rodrigo Basco & Allan Discua Cruz & Liesl Riddle & Florian Täube, 2018. "Advancing the views on migrant and diaspora entrepreneurs in international entrepreneurship," Journal of International Entrepreneurship, Springer, vol. 16(2), pages 119-133, June.
    16. Alan A. Ahi & Noemi Sinkovics & Rudolf R. Sinkovics, 2023. "E-commerce Policy and the Global Economy: A Path to More Inclusive Development?," Management International Review, Springer, vol. 63(1), pages 27-56, February.
    17. Sandra Milena Santamaria-Alvarez & Diana Carolina Muñoz-Castro & Maria Angélica Sarmiento-González & Sara Isabel Marín-Zapata, 2018. "Fragmented networks and transnational entrepreneurship: Building strategies to prosper in challenging surroundings," Journal of International Entrepreneurship, Springer, vol. 16(2), pages 244-275, June.
    18. Sinkovics, Noemi & Reuber, A. Rebecca, 2021. "Beyond disciplinary silos: A systematic analysis of the migrant entrepreneurship literature," Journal of World Business, Elsevier, vol. 56(4).
    19. Ben Collins Vershiyi Kwaven & Claudia Nelly Berrones-Flemmig & Utz Dornberger, 2018. "“Hitting two targets with one shot” in the context of Immigrant entrepreneurship: Case studies in Germany related with entrepreneurial migrant activities for the development of the home and host count," Research Reports, University of Warsaw, Faculty of Management, vol. 1(26), pages 76-87.
    20. Shayegheh Ashourizadeh & Jizhen Li & Kent Adsbøll Wickstrøm, 2022. "Immigrants` Entrepreneurial Networks and Export: A Comparative Study," International Entrepreneurship and Management Journal, Springer, vol. 18(3), pages 1291-1318, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:unc:tncjou:74. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kumi Endo (email available below). General contact details of provider: https://edirc.repec.org/data/unctach.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.