Abstract

With the deepening and rapid development of China’s economy, returnees increasingly participate in the operation of enterprises. Based on the literature review of returnees, it is found that returnees have abundant tacit knowledge and special dual social network, which play an active role in innovation, entrepreneurship, internationalization and corporate governance. In addition, capability of management is affected by the institutional environment, so that the improvement of institutional environment can promote returnees to play their own advantages. On the basis of the literature review, two possible future research directions are proposed: a thorough study of returnees from the perspective of institutional-based view and ownership.

Highlights

  • Further study abroad has become more and more popular and widespread nowadays in China

  • Based on the literature review of returnees, this paper summarizes what advantages the returnees have and what impact they have on enterprises, explores how the institutional environment affects the returnees to exert their own initiative, making up for the corresponding theoretical gaps

  • Previous studies have proved that social networks can promote innovation and internationalization of enterprises, and knowledge spillover can promote technological innovation of enterprises

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Summary

Introduction

Further study abroad has become more and more popular and widespread nowadays in China. Their work or learning experiences span different countries so that they possess transnational social networks. The differences between these and local talents are the basis for the study of returnees. How the differences between returnees and local talents will affect the enterprises is one of the hotspots of the current research, and has very important practical significance. Based on the literature review of returnees, this paper summarizes what advantages the returnees have and what impact they have on enterprises, explores how the institutional environment affects the returnees to exert their own initiative, making up for the corresponding theoretical gaps. In China the system will have an important impact on the various business activities, but the existing literature does not pay much attention to the institutional factors

Methodology
Definition
Dual Social Network
Inexplicit Knowledge in Related Fields
Innovation
Entrepreneurship and Business Model Innovation
Internationalization
Corporate Governance
What Factors Can Influence Returnees to Play Their Own Advantages?
The Influence of Regulation Policy on Returnees
The Influence of Ownership on Returnees
Conclusions
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