Link of the Day 050108: Young entrepreneurs from Indian diaspora coming home to push environmental initiatives [NPR]

Young Indians Abroad Return to Help Better Country

All over India, projects to fight trash, pollution, global warming and poverty are attracting kids from the Indian diaspora who want to spend a few years, or maybe longer, pushing for social change in the mother country.

Related story from NPR:
India Beckons Indian-Americans Back with Jobs

Diasporas and Domestic Entrepreneurs: Evidence from the Indian Software Industry from Harvard Business School Working Knowledge

Several recent studies have highlighted the important role that cross-border ethnic networks might play in facilitating entrepreneurship in developing countries. Little is known, however, about the extent to which domestic entrepreneurs rely on the diaspora and whether this varies systematically by the characteristics of the entrepreneurs or their local business environment. The Indian diaspora is estimated at over 18 million people spanning 130 countries. Given that formal institutions in India remain weak and hence the informal barriers to trade are higher, do diaspora networks serve as substitutes to the functioning of the local business environment? Do they help entrepreneurs to circumvent the barriers to trade arising from imperfect institutions? This study examines the extent to which software entrepreneurs within India vary in their reliance on expatriate networks.