The role of diaspora in entrepreneurial ecosystems and national innovation systems

Andonova, Veneta; Perez-Lopez, Jonathan A.; Schmutzler, Jana

doi:10.4337/9781789901184.00014

Cited by 5 publications

(1 citation statement)

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“…In the recent years, there has been a search for convergence between the innovation system and the entrepreneurial ecosystem approach, with some contributions that looks to bridge and cross‐fertilize both streams of literature (Tsvetkova et al, 2020). In this research context, challenges pertinent to Global South contexts have been elucidated, such as productivity, social and gender inequality, chaotic urbanization, the role of diasporas (Andonova et al., 2020; Kantis et al., 2020; Pugh et al., 2020). No doubt, the magnitude of challenges facing economic development efforts in the Global South, with South Asia and Latin America at its core, demand joint research efforts between the innovation and entrepreneurial systems scholars.…”

Section: A Latin American Approach To Innovation and Entrepreneurial Systemsmentioning

confidence: 99%

The Indian venture capital emergence, development, and boom: A southern contextualization

Gonzalo

Kantis

2021

Growth and Change

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Even during the current COVID‐19 crisis, venture capital (VC) is booming in India. Indian‐based VC funds grew from less than 10 at the start of the 1990s to more than 500 nowadays, with the amount of total investment continuously increasing since 2000. The aim of this paper is to contextualize the process of emergence, development, and boom of the Indian VC industry from the theoretical perspective of innovation and entrepreneurial systems, particularly incorporating contributions from Latin American and Indian authors. In doing so, we present a global, historical, and territorially grounded narrative of the Indian VC development stressing the relevance of: (a) the institutional and technological capabilities accumulated by the Indian National Innovation System (NIS) and the Indian Computer and Information Services Entrepreneurial Ecosystem (CISEE), particularly around Bangalore, (b) the role of the State (and the institutional entrepreneurs) and the timing of the STI policy oriented to the software industry, (c) the growing influence of global players such as the World Bank, the Indian American argonauts and multinational enterprises, and (d) the U.S. offshoring opportunities and the growing Indian domestic demand. We discuss these processes with a wider relevance for theoretical and policy advancement in Global South settings.

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Section: A Latin American Approach To Innovation and Entrepreneurial Systemsmentioning

confidence: 99%