The Impact of Resources embedded in Diaspora Networks on a Venture’s Success

Abstract

The study conducted the following main questions: How could the diaspora network creates social capital and how does it influence on the success of diaspora entrepreneurs setting up their business outside of their country of origin? Work ethics, religious beliefs, countries values and spirit of landsman are considered to be sources of social capital which strengths the link of diaspora networks and help their business succeed and grow. To verify the connections between social capital embedded in diaspora networks and the success of a diaspora’s business, the authors conducted five individual case studies. Empirical evidences show that without the assistance of diaspora’s fellow countrymen, their business could not have founded successfully.