The impact of entrepreneurship framework and behaviour on Diaspora remittance: an African perspective

Salia, Samuel, Hussain, Javed G., Alhassan, Yahaya and Ibrahim, Masud (2021) The impact of entrepreneurship framework and behaviour on Diaspora remittance: an African perspective. In: The Palgrave Handbook of African Entrepreneurship. Springer International Publishing. (In Press)

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Remittance from the migrant population are increasingly relevant for many African economies to meet their balance of payment and household consumption. This study re-imagines the role of diaspora by way of providing remittance, technology and entrepreneurship skills in order to develop entrepreneurship orientated economies within Africa. We employ multivariate regression models on data from 20 African countries throughout 2007-2018. The results suggest that entrepreneurial behaviour and attitudes combined with entrepreneurship framework are essential in promoting diaspora remittance inflows into Africa. Additionally, we report empirical evidence about how some country-specific attributes such as a country’s capacity to attract talent and retain human capital; enables the population to innovate and use technology. Specifically, we find that financing, technology coupled with entrepreneurial uptake leads to the development of entrepreneurial ecosystem. We argue that a holistic policy framework is required from international organisations such as World Bank, Africa Development Bank, African Union towards raising awareness of this key source of finance to promote entrepreneurial related projects.

Item Type: Book Section
Subjects: Business and Management > Accounting and Finance
Business and Management > Business
Business and Management > Business and Management
Divisions: Faculty of Business, Law and Tourism
Depositing User: Yahaya Alhassan
Date Deposited: 15 Nov 2021 17:07
Last Modified: 15 Nov 2021 17:07
ORCID for Samuel Salia: ORCID iD
ORCID for Yahaya Alhassan: ORCID iD

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