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Life-Satisfaction of Entrepreneurs in the Diaspora: Embedded in Transnational Networks and International Business

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Diaspora Networks in International Business

Part of the book series: Contributions to Management Science ((MANAGEMENT SC.))

Abstract

It is well known that entrepreneurs’ transnational networking is benefiting international business, especially exporting, and that diasporic entrepreneurs are pursuing transnational networks and international business more than natives. Far less is known about outcomes such as well-being. This chapter addresses the question: how are diasporic entrepreneurs’ networking and exporting shaping their satisfaction with life? 1. A globally representative sample of entrepreneurs, including first generation migrants and second generation diasporans, reported on networking, exporting and life-satisfaction. 2. Analyses reconfirm, globally, that entrepreneurs in the diaspora are networking and exporting more than natives, and that networking promotes exporting. As hypothesized, diasporic entrepreneurs, especially in the first generation, have higher life-satisfaction than native entrepreneurs. Life-satisfaction also benefits from networking and exporting. 3. The study contributes to understanding how life-satisfaction of entrepreneurs is shaped by being in the diaspora and by transnational networking and international business.

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Acknowledgements

Data were collected by the Global Entrepreneurship Monitor. Responsibility for interpretation rests with the authors. The authors’ work was supported by an award to Liu for her research project ‘On the collaborative ability and improvement of hybrid organization in entrepreneurial universities’ from the National Natural Science Foundation of China, grant number 71603241. Schøtt was supported by the project DiasporaLink, www.diasporalink.org, funded by the European Union Framework Programme for Research and Innovation, Horizon 2020 Marie Skłodowska-Curie Actions (MSCA) Research and Innovation Staff Exchange (RISE), H2020-MSCA-RISE-2014, Project number 645471, and benefitted from sojourns at Yale University and as Visiting Research Fellow at the Center for Migration and Development at Princeton University. The chapter also benefitted from comments from the reviewers and the editors.

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Liu, Y., Schøtt, T. (2019). Life-Satisfaction of Entrepreneurs in the Diaspora: Embedded in Transnational Networks and International Business. In: Elo, M., Minto-Coy, I. (eds) Diaspora Networks in International Business. Contributions to Management Science. Springer, Cham. https://doi.org/10.1007/978-3-319-91095-6_13

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