Migrant human and political capitals value in entrepreneur enterprise performance. A comparative study of four emerging markets

Anthony Brown, Royston Meriton, Timothy Devinney, Mario Kafouros, Flor Silvestre Gerardo, Rajinder Bhandal

Research output: Contribution to journalArticlepeer-review

Abstract

This paper investigates the impact of human and political capitals of entrepreneurs on enterprise performance in four emerging nations. The rent generation potential of these capitals is a well established fact, however, much less is known concerning the contingent nature of their value creation prowess. In this work, we draw on institutional theory and dynamic managerial capabilities perspective to examine the interactive effect of country of origin economic development level and the international experience of entrepreurs, on the capitals, with respect to a set of financial indicators. Employing a quantitative methodology, our findings reveal that the relationship between the capitals and enterprise performance are indeeed contingent with the capitals of home-grown entrepreneurs, rather than those of returnee migrant entrepreneurs, exhibiting a greater propensity to influence enterprise performance. We conclude with implications for theory and practice.
Original languageEnglish
Number of pages28
JournalInternational Entrepreneurship and Management Journal
Early online date10 Feb 2021
DOIs
Publication statusE-pub ahead of print - 10 Feb 2021
Externally publishedYes

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