TY - JOUR
T1 - Bridging the divide between diaspora investment interest and action
AU - Riddle, Liesl
AU - Nielsen, Tjai M.
AU - Hrivnak, George A.
N1 - Funding Information:
The Dutch Government provided IntEnt with its pilot funding for three years (1997-2000) and yearly renewal funding for an additional three years (2001-2004). On 12 October 2004, IntEnt signed a “covenant” with Ms Agnes van Ardenne, Dutch Minister of Development Cooperation, and Hivos (the Humanist Institute for Cooperation with Developing Countries), a Dutch non-governmental development agency. As part of the covenant, the Dutch Government decreased its direct financial support of IntEnt and Hivos became its primary funder. The Dutch Government remained an indirect source of funding for IntEnt as Hivos received a substantial portion of the Dutch Government's bilateral overseas development assistance and redistributed it to partner organizations and their projects. Hivos' mission was:
Publisher Copyright:
© 2011, Emerald Group Publishing Limited.
PY - 2011/1/1
Y1 - 2011/1/1
N2 - Subject area: Entrepreneurship, management and emerging markets. Study level/applicability: Undergraduate and Graduate courses in Entrepreneurship, Managing in Developing Countries/Emerging Markets, Small Business Management, Social Entrepreneurship, International Business Case overview: IntEnt is a business incubator that provides training and other support services to nascent entrepreneurs, helping turn their investment ideas into successful business ventures. But IntEnt focuses on a unique clientele: diasporas, or migrants and their descendants, who dream of establishing a new venture back in their country of origin.The incubator is well known and respected by policymakers and migrants alike. Despite these successes, Mr Molenaar has struggled to grow and diversify IntEnt's funding base. He also is under increasing pressure from the foundation's stakeholders to define and measure the foundation's performance. But Molenaar is committed to expanding IntEnt's operations and continue to bridge the divide between diaspora investment interest and action. Expected learning outcomes: To understand and describe the financial-, human-, and social-capital challenges faced by transnational diaspora business ventures during the business development and launch phase.To explain how business incubators can provide solutions to the specific, unique problems that transnational diaspora entrepreneurs face, particularly in emerging markets. To discuss the governance challenges associated with operating a transnational business venture as well as those of an incubator aimed to support transnational entrepreneurship. Supplementary materials: Teaching note.
AB - Subject area: Entrepreneurship, management and emerging markets. Study level/applicability: Undergraduate and Graduate courses in Entrepreneurship, Managing in Developing Countries/Emerging Markets, Small Business Management, Social Entrepreneurship, International Business Case overview: IntEnt is a business incubator that provides training and other support services to nascent entrepreneurs, helping turn their investment ideas into successful business ventures. But IntEnt focuses on a unique clientele: diasporas, or migrants and their descendants, who dream of establishing a new venture back in their country of origin.The incubator is well known and respected by policymakers and migrants alike. Despite these successes, Mr Molenaar has struggled to grow and diversify IntEnt's funding base. He also is under increasing pressure from the foundation's stakeholders to define and measure the foundation's performance. But Molenaar is committed to expanding IntEnt's operations and continue to bridge the divide between diaspora investment interest and action. Expected learning outcomes: To understand and describe the financial-, human-, and social-capital challenges faced by transnational diaspora business ventures during the business development and launch phase.To explain how business incubators can provide solutions to the specific, unique problems that transnational diaspora entrepreneurs face, particularly in emerging markets. To discuss the governance challenges associated with operating a transnational business venture as well as those of an incubator aimed to support transnational entrepreneurship. Supplementary materials: Teaching note.
UR - http://www.scopus.com/inward/record.url?scp=85071269213&partnerID=8YFLogxK
U2 - 10.1108/20450621111124406
DO - 10.1108/20450621111124406
M3 - Article
AN - SCOPUS:85071269213
SN - 2045-0621
VL - 1
SP - 1
EP - 13
JO - Emerald Emerging Markets Case Studies
JF - Emerald Emerging Markets Case Studies
IS - 1
ER -