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Why Diasporas Invest in the Homeland: A Conceptual Model of MotivationTjai M. NielsenHigh Point University - Earl N. Phillips School of Business Liesl RiddleGeorge Washington University July 1, 2007 Abstract: Little is known about why diaspora members invest in their homelands or why investment intensity varies among diaspora communities. Employing an interdisciplinary approach, we generate a multi-level, conceptual model of diaspora homeland investment. Our model examines the effects of inter-diaspora cultural differences, support from diaspora organizations, and three types of investment expectations - financial, social, and emotional - to better understand this phenomenon.
Number of Pages in PDF File: 37 Keywords: diaspora, foreign investment, cultural distance, social embeddedness, subculture JEL Classification: F22, A14, O19, Z1 working papers seriesDate posted: May 22, 2007Suggested CitationContact Information
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