Transnational or Social Capital? Returnee Versus Local Entrepreneur (Working Paper No. 7). Hong‐Kong: Center on China’s Transnational Relations (original) (raw)

This working paper explores the impact of returnee entrepreneurs—those with international educational and professional experience—on the development of China's private sector. It poses critical questions regarding their capacity to leverage transnational capital in the complex Chinese business environment compared to locally trained entrepreneurs. The analysis reveals that while returnees possess unique advantages like global networks and management knowledge, their success in the domestic market remains contingent on several contextual factors. The paper contributes to understanding China’s evolving economic landscape and the role of returnee entrepreneurs in shaping its future.