Homeland Export and Investment Promotion Organizations: Bridges to the Diaspora Business Community? Liesl Riddle, PhD The George Washington University.

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Presentation transcript:

Homeland Export and Investment Promotion Organizations: Bridges to the Diaspora Business Community? Liesl Riddle, PhD The George Washington University School of Business UN Expert Convocation, Strengthening the Business Sector and Entrepreneurship in Developing Countries: the Potential of Diasporas, New York, 5 October 2006.

Opportunity Awareness Procedures & Paperwork Market Attractiveness Information Financing & Distribution Brokering Relationships Training Regulations & Requirements Consumer & Organizational Buyer Info Export & Investment Promotion Organizations

EPO/IPAs Bridging the Diaspora-Homeland Divide DIASPORA CAPITAL POTENTIAL Financial Social Human HOMELAND ECONOMY Entrepreneurs Managers Firms EPOs & IPAs

ADVOCACY SERVICE NETWORKING SERVICE KNOWLEDGE PROVISION TARGETMARKETING Representing the interests of transnational entrepreneurs & firms to local & foreign governments and multilateral agencies Representing the intersts of local entrepreneurs and firms to local government Identifying ways to leverage diaspora members existing contacts Brokering partnerships & offering contacts to service providers & government officials to individuals with few to no contacts in the market Identifying ways to harness & disseminate diaspora members knowledge of markets and investment procedures & processes Foreign & local market research, information about export & investment procedures & processes Transnational individuals whose motivation is both pecuniary & altruistic Foreign buyers & MNCs whose motivation is pecuniary DIASPORA EPO/IPA ACTIVITY TYPICAL EPO/IPA ACTIVITY

Homeland Export & Investment Promotion Programs for the Diaspora Stimulate diaspora awareness/interest Stimulate diaspora awareness/interest Develop tailored products/services to scale-up and facilitate diaspora investment and buying interest Develop tailored products/services to scale-up and facilitate diaspora investment and buying interest Possible partnerships with diaspora organizations Possible partnerships with diaspora organizations