Who are the diaspora?
Diaspora is a term of self-identification used by a community of people who live outside a shared country of origin or ancestry but maintain active connections with it. A diaspora includes both emigrants and their descendants.
The term is embraced by many varied groups with a range of attachments to their homelands, including migrant workers; dual citizens; citizens of the host country in the second, third, and higher generations; and people with shared ethnic heritage.
Globally, the number of people living outside their country of origin has almost tripled—from 76 million to 232 million over the past four and half decades.
Why diasporans matter:
Diaspora communities are a growing constituency in developed and developing countries. With their roots around the world, diasporans are uniquely positioned to amplify and sustain global growth.
- Diasporans invested $440 billion in low-and middle-income countries in 2015 through remittances.*
- More than 40 percent of Fortune 500 companies were founded by immigrants or by children of immigrants.**
- Foreign-born entrepreneurs started a quarter of U.S. technology startups over the past six years.***
JOIN THE DIASPORA COMMUNITY ON THE EXCHANGE:
The Global Innovation Exchange connects innovators
with the resources they need to succeed.
Whether you are a diaspora business owner, investor,
volunteer, or leader, the Exchange allows you to explore:
** THE "NEW AMERICAN" FORTUNE 500. (2011). Partnership for the New American Economy, 2-2.
*** Vivek Wadhwa, The Immigrant Exodus: Why America is Losing The Global Race to Capture Entrepreneurial Talent, (Kaufman Foundation, 2012)