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Capitalizing on translocal affiliations: configuring capital in returnee entrepreneurship
Author(s) -
Haarman Amanda,
Langevang Thilde
Publication year - 2021
Publication title -
global networks
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.685
H-Index - 65
eISSN - 1471-0374
pISSN - 1470-2266
DOI - 10.1111/glob.12303
Subject(s) - social capital , entrepreneurship , capital (architecture) , sociology , foreign capital , economic geography , economic system , business , political science , economics , foreign direct investment , social science , geography , archaeology , finance , law
In this article, we examine how returnee entrepreneurs seek to capitalize on translocal affiliations by deploying different forms of capital in their business practices. Based on a case study of returnees in Ghana's creative industries, the article identifies three practices through which entrepreneurs configure capital to seize opportunities and deal with challenges of running a business as a returnee. The practice of compensating encompasses efforts at compensating for encountered obstacles in Ghana by taking advantage of unique translocal positions. Fusing involves creatively blending local and foreign aesthetics and business approaches, while switching implies adapting to social situations through changing bodily appearances and speech. The findings demonstrate that using capital back home is not merely a matter of transferring capital from abroad, but a translocal practice where capital is carefully configured. We highlight the importance of paying analytical attention to multiple sites of engagement and foreground African returnee entrepreneurs as transnational actors.