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The productivity of return migrants

"The case of China's "Sea Turtles

Bibliographic Data

ID3062809
AuthorsWei Sun (0000-0002-9812-6212, University of California, Santa Barbara, corresponding author)
Year2013
Volume2
Issue1
Publication date2013-12-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueIZA Journal of Migration (JOURNAL)
Journal identifiersISSN: 2193-9039 • E-ISSN: 2193-9039
PublisherSpringer Science and Business Media LLC (PUBLISHER)
DOI10.1186/2193-9039-2-5
OpenAlexW2151828673
LanguageEN
Citations received7
References cited35

This paper explores the productivity differential between return migrants ("Sea Turtles") and non-migrants through a case study of China's venture capital (VC) industry. I find that even after correcting for selection bias, return venture capitalists are less productive than comparable non-migrants in targeting promising projects and/or providing value-added services. Given that the VC industry is a useful laboratory in which to look at the performance of return migrants and China's economic development, I discuss why the presumably better human capital accumulated overseas does not translate into productivity in the Chinese market, and how related policies could reverse this situation in the long run. JEL Codes F22, G24, O15

Capital (architecture · China · Differential (mechanical device · Economic growth · Economics · Geography · Human capital · Labour economics · Market economy · Productivity · Rate of return · Value (mathematics · Venture capital · Corporate Finance and Governance · Firm Innovation and Growth · Private Equity and Venture Capital · Finance

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Unique citing works7
Citations per year0,64
Citation span2015 - 2024 (10)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 7

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