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Entrepreneurial pursuits in the Caribbean diaspora: networks and their mixed effects

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  • Thomas Schøtt

Abstract

Domestic Caribbean entrepreneurs are embedded in their home-society. Diasporic entrepreneurs have a dual embeddedness in home-society and in host-society, with networks spanning both societies, which may give them comparative advantages in innovation, exporting and growth. Enterprising is traditionally a livelihood in the Caribbean, which is carried into the diaspora and sustained by dense ties between host- and home-societies. The empirical contribution is a three-way comparison between the Caribbean diaspora, the domestic Caribbeans and diasporans from other world regions. It uses a representative sample of adults living in, or originating from, the Caribbean. Diasporans are found to often become entrepreneurs by a pull of opportunity, whereas domestics are more likely to experience a push of necessity. Diasporans, more than domestics, are networking in the transnational sphere and in the sphere of business operations. This networking promotes outcomes such as innovation, exporting and growth expectations, in contrast to negative effects from networking in the private sphere. Policies may enhance benefits of diasporic entrepreneurship for Caribbean society.

Suggested Citation

  • Thomas Schøtt, 2018. "Entrepreneurial pursuits in the Caribbean diaspora: networks and their mixed effects," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 30(9-10), pages 1069-1090, October.
    • Handle: RePEc:taf:entreg:v:30:y:2018:i:9-10:p:1069-1090
    DOI: 10.1080/08985626.2018.1515825
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    Cited by:

    1. Carson Duan & Bernice Kotey & Kamaljeet Sandhu, 2022. "Towards an Analytical Framework of Dual Entrepreneurial Ecosystems and Research Agenda for Transnational Immigrant Entrepreneurship," Journal of International Migration and Integration, Springer, vol. 23(2), pages 473-497, June.
    2. Yi, Lingfeng & Wang, Yue & Upadhaya, Bedanand & Zhao, Sijia & Yin, Yishuai, 2021. "Knowledge spillover, knowledge management capabilities, and innovation among returnee entrepreneurial firms in emerging markets: Does entrepreneurial ecosystem matter?," Journal of Business Research, Elsevier, vol. 130(C), pages 283-294.

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