Transnational Entrepreneurs Dynamics in Entrepreneurial EcosystemsA Critical Review

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Type Article
Original languageEnglish
Pages (from-to)41-66
Number of pages26
JournalJournal of Entrepreneurship and Innovation in Emerging Economies
Volume6
Issue number1
DOI
Publication statusPublished - 13 Jan 2020
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Abstract

A major challenge which has hindered our understanding of the entrepreneurial ecosystem is its lack of specification and conceptual limitations. Entrepreneurial ecosystems consist of complex components and actors. In addition, the concept has theoretical limitations because it is a multi-actor phenomenon with dynamic interactions. These complexities have limited our comprehension of the diverse nature of entrepreneurial ecosystems and their dynamics. Though the entrepreneurial concept recognises the role of the local entrepreneurial context, one critical aspect in broadening our knowledge is the role of nonlocal or transnational actors and resources in entrepreneurial ecosystems. Particularly, in entrepreneurial ecosystems where there are no close bonds with transnational actors and resources. This paper identifies the Nigerian entrepreneurial ecosystem to discuss the role of diasporans as nonlocal or transnational actors in the entrepreneurial ecosystem. It then outlines the theoretical explanations of the dynamics of diaspora transnational actors and resources and their interactions in entrepreneurial ecosystems, from the network and institutional theoretical standpoint. The conclusion suggests areas of future research that can inform policy interventions.