Crossing Borders: Young Entrepreneurs and the Lure of Major Cities
Murphree, Michael. (2021) “Crossing Borders: Young Entrepreneurs and the Lure of Major Cities.” In Davide Castellani, Alessandra Perri and Vittoria Scalera (Eds) Cross-Border Innovation in a Changing World: Players, Places and Policies. London: Oxford University Press.
31 Pages Posted: 10 Feb 2021
Date Written: December 4, 2020
Cross-border entrepreneurship is a mechanism by which global cities may increase their stock of human capital and capabilities at the expense of the sending home region. Unlike the immigrant and returnee entrepreneurship studied in the past, cross-border entrepreneurship tends to be one-way, involving migration for entrepreneurship rather than migration followed by entrepreneurship. Further, with the focus on service rather than manufacturing industries, the old international and backward ties that once typified cross-border entrepreneurship may no longer apply, leading to increased rates of innovation in host country global cities and reduced rates in the home region. Using a study of Taiwanese entrepreneurship in Mainland China, this chapter shows how the magnetism of global cities attracts investment but the patterns of globalization today, including protectionism and technology fragmentation, yield highly unequal benefits from this type of entrepreneurship.
Keywords: International Entrepreneurship, Startups, High Technology, China, Taiwan
JEL Classification: L26, L88, M13, M16
Suggested Citation: Suggested Citation