Transnational Diaspora Entrepreneurship

31 May 2016

Professor Tom Cooney, Director of the Institute for Minority Entrepreneurship at DIT, leads the DIT participation in DiasporaLink, an international project that has been funded under the European Commission Horizon 2020 programme.

It is a 4-year exchange programme between 24 universities and research institutes representing the EU, the Americas, Africa and Asia and is investigating, evaluating and facilitating transnational diaspora entrepreneurship as a driver of development and wealth creation in countries of origin and residence of migrants. Transnational diaspora entrepreneurs are migrants and their descendants who establish entrepreneurial activities that span the national business environments of their countries of origin and countries of residence.

The project identifies transnational diaspora entrepreneurship as having enormous potential for social transformation in both home and host countries, but notes that the potential is not fully realised because of a lack of transnational support, restrictions from regional support agendas, and weak transnational team building in developing and emerging economies.  The project seeks to develop new tools for cross-border linking and support. These tools will be based on new financial models, building team competences, IT and social media.

For more information on this project please contact Professor Tom Cooney at (e) thomas.cooney@dit.ie