Diaspora Ownership and Technological Licensing by Emerging Market

Research output: Contribution to conferencePaperResearchpeer-review


The liability of origin makes participation in international technology licensing challenging for emerging market firms. We draw on signaling theory and argue that diaspora ownership—diasporan equity investment—constitutes a reliable signal of firm quality and trustworthiness which facilitates emerging market firms’ access to international technology licensing. We theorize further about how the efficacy of diaspora ownership as a credibility-enhancing mechanism varies with the firm’s subnational context characteristics. We test our argument on a matched sample of 588 Indian manufacturing firms operating between 2006 and 2015 and find general support for the predicted relationships.
Original languageEnglish
Publication date2019
Number of pages37
Publication statusPublished - 2019
EventDRUID19 Conference - Copenhagen Business School, Frederiksberg, Denmark
Duration: 19 Jun 201921 Jun 2019
Conference number: 41


ConferenceDRUID19 Conference
LocationCopenhagen Business School
Internet address


  • Emerging market firms
  • International technology licensing
  • Diaspora ownership
  • Liability of origin
  • Signaling theory
  • Subnational environments

Cite this