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Diaspora Interest in Homeland Investment


This paper examines four diaspora communities resident in the United States that were targeted by their homelands as foreign investors during the 1990s. The homelands comprise Armenia, Cuba, Iran, and Palestine. We pose the question: What are the determinants of interest in homeland investment, and can they be generalized across the four communities? The paper explores concepts of ethnic advantage, altruism, homeland orientation, and perceptions of business impediments, as well as investigating the role of demographic factors regarding investment interest.

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*Kate Gillespie is Associate Professor of International Business in the Department of Marketing Administration at The University of Texas at Austin.

**Liesl Riddle is a Ph.D. candidate in the Department of Sociology at The University of Texas at Austin.

***Edward Sayre is Visiting Assistant Professor of Economics, Department of Economics at Kenyon College.

****David Sturges is Associate Professor of Management in the Department of Management, Marketing and International Business at The University of Texas-Pan American.

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Gillespie, K., Riddle, L., Sayre, E. et al. Diaspora Interest in Homeland Investment. J Int Bus Stud 30, 623–634 (1999).

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