TY - CHAP
T1 - Diaspora Nepalese entrepreneurship
AU - Bhattarai, Narayan Prasad
PY - 2024/9/28
Y1 - 2024/9/28
N2 - The importance of diaspora entrepreneurship in building sustainable development in their country of origin is widely recognised; however, the contribution level depends on the country-specific context. There is minimal literature on the direction of diaspora Nepalese entrepreneurs. Drawing upon the existing evidence and literature, the current chapter explores that with some unique characteristics, diaspora Nepalese entrepreneurs have contributed significantly to the development of Nepal through remittance, business expansion and collaboration, investment and employment creation, diplomacy and policy support, knowledge exchange, innovation transfer, a hub for international engagement as well as philanthropic and charity events. However, they face challenges related to profit repatriation, identity recognition and administrative procedures. Moreover, connection to the new generation of diaspora entrepreneurs, the impact of digital innovation on diaspora entrepreneurship and retaining and expanding diaspora networks are critical issues for further exploration.
AB - The importance of diaspora entrepreneurship in building sustainable development in their country of origin is widely recognised; however, the contribution level depends on the country-specific context. There is minimal literature on the direction of diaspora Nepalese entrepreneurs. Drawing upon the existing evidence and literature, the current chapter explores that with some unique characteristics, diaspora Nepalese entrepreneurs have contributed significantly to the development of Nepal through remittance, business expansion and collaboration, investment and employment creation, diplomacy and policy support, knowledge exchange, innovation transfer, a hub for international engagement as well as philanthropic and charity events. However, they face challenges related to profit repatriation, identity recognition and administrative procedures. Moreover, connection to the new generation of diaspora entrepreneurs, the impact of digital innovation on diaspora entrepreneurship and retaining and expanding diaspora networks are critical issues for further exploration.
U2 - 10.1007/978-981-97-6560-7_7
DO - 10.1007/978-981-97-6560-7_7
M3 - Chapter
SN - 9789819765591
SN - 9789819765621
T3 - Entrepreneurship and Development in South Asia: Longitudinal Narratives
SP - 131
EP - 153
BT - Entrepreneurship and Development in Nepal
A2 - Adhikari, Pawan
A2 - Mitra, Jay
A2 - Adhikari, Shovita Dhakal
A2 - Shrestha, Rupesh Krishna
PB - Springer Singapore
CY - Singapore
ER -