Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/92246
Authors: 
Sun, Wei
Year of Publication: 
2013
Citation: 
[Journal:] IZA Journal of Migration [ISSN:] 2193-9039 [Publisher:] Springer [Place:] Heidelberg [Volume:] 2 [Year:] 2013 [Pages:] 1-19
Abstract: 
This paper explores the productivity differential between return migrants ('Sea Turtles') and non-migrants through a case study of China's venture capital (VC) industry. I find that even after correcting for selection bias, return venture capitalists are less productive than comparable non-migrants in targeting promising projects and/or providing value-added services. Given that the VC industry is a useful laboratory in which to look at the performance of return migrants and China's economic development, I discuss why the presumably better human capital accumulated overseas does not translate into productivity in the Chinese market, and how related policies could reverse this situation in the long run.
Subjects: 
return migrants
venture capital
China
JEL: 
F22
G24
O15
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/2.0/
Document Type: 
Article
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