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China's talent policy towards overseas returnee entrepreneurs: origin, trends and impact

China's talent policy towards overseas returnee entrepreneurs: origin, trends and impact

Liu, Kai (2011) China's talent policy towards overseas returnee entrepreneurs: origin, trends and impact. In: Proceedings of the 6th European Conference on Innovation and Entrepreneurship (ECIE 2011). Academic Publishing International, Reading, UK, pp. 579-582. ISBN 978-1-908272-14-0

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Abstract

The notion of "brain drain” seems gradually reversed to "brain circulation" (Saxenian, 2000, Saxenian, 2005) or even "brain gain" (Pan, 2011) in some developing nations. One example is China, which has been the largest international students sending country for over decades, has now started to regain brain power through design and implementation of policies to attract overseas students to work or start up new ventures in their home country. This paper focuses on Chinese government's policies towards returnee entrepreneurs whose critical role of transferring much needed technology know-how in strengthening the country’s innovation capacity have been widely reorganised as key strategic assets by the Chinese government. A set of policies have been developed and evolved over the last decade to promote such type of entrepreneurship. This study traces the origin and development of those policies and summarises the major policy measures that have been introduced at both national and local levels. An initial assessment of the impact of those policies shows the policies are successful in terms of creating awareness among Chinese overseas and they also work well in certain industries and certain cities, but the policies reside on the premises that those who can benefit from such favourable policies need to be verified and approved by government and their businesses also need to be in so-called “strategically important” sectors. The policies' highly selective nature means a large number of returnee entrepreneurs are excluded from benefiting from those policies and this also further fuel the debate whether the state should be using policy tools to deliberately favour certain types of entrepreneurs in certain sectors over others.

Item Type: Conference Proceedings
Title of Proceedings: Proceedings of the 6th European Conference on Innovation and Entrepreneurship (ECIE 2011)
Additional Information: [1] This paper was presented at ECIE 2011, the 6th European Conference on Innovation and Entrepreneurship held from 15-16 September 2011 at Robert Gordon University, Aberdeen, Scotland, UK.
Uncontrolled Keywords: China, talent policy, international students, returnee entrepreneurs, science parks, overseas Chinese
Subjects: H Social Sciences > HD Industries. Land use. Labor
Faculty / Department / Research Group: Faculty of Business > Department of International Business & Economics
Related URLs:
Last Modified: 14 Oct 2016 09:23
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
Selected for GREAT 2019: None
URI: http://gala.gre.ac.uk/id/eprint/9600

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