A study of 596 Indian high-tech startups suggests that homegrown entrepreneurs fare better over the long run than returning diaspora with overseas experience
India's fiercely competitive startup field has provided evidence to suggest that homegrown entrepreneurs fare better over the long run …
Bloomberg Saritha Rai
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Discussion
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@business
@business
on x
India's fiercely competitive startup field has provided evidence to suggest that homegrown entrepreneurs fare better over the long run than returning diaspora with overseas experience, contradicting widely held beliefs. https://www.bloomberg.com/...
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@livingdivineus
Anil Mogha
on x
@wadhwa @orfonline think it really depends on where and which domain you're building in. For domestic markets, founder domicile and deep local context clearly matter. For truly global products, I'd want to see more segmented data—market scope, customer base, and execution model—b…
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@wadhwa
Vivek Wadhwa
on x
@livingdivineus @orfonline Agreed. Context matters. Local markets reward local knowledge; global products need segmented data.
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@madhavchanchani
Madhav Chanchani
on x
If you are a foreign-returned founder, chances are you will be able to raise four times the amount raised by a locally founded startup in India, as per a new study. But local founders are the ones delivering outlier outcomes the study found no unicorns among foreign founders. [im…
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@orfonline
ORF
on x
New study. Big surprise: #India's #startup champions are homegrown. Local founders are outperforming returnees on funding, scale, and survival. This is #India building India: @wadhwa, AnnaLee Saxenian, D P K Muthukumaraswamy & @MuhiBala https://www.orfonline.org/...
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@producercities
Jim Russell
on x
AnnaLee Saxenian, who is renowned for her research on why Silicon Valley succeeded: “I expected our latest study to show that returnees dwarf the domestic entrepreneurs — even 10 years ago that might have been the case, but it's clearly no longer true” https://www.bloomberg.com/.…
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@wadhwa
Vivek Wadhwa
on x
A new study by me and my colleagues, published by @orfonline with embarrassing results for us Indian-Americans: Indian founders who never left are outperforming returnees. Turns out local execution beats imported pedigree!
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@orfonline
ORF
on x
Contrary to long-standing assumptions in the literature, new research suggests that #India's #startup outcomes are now strongest among founders trained and embedded domestically: @wadhwa, AnnaLee Saxenian, D P K Muthukumaraswamy & @MuhiBala https://www.orfonline.org/...
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@saritharai
Saritha Rai
on x
This will surprise everyone! For decades, govts & ecosystems from India to China have wooed returnees to revv up innovation & boost startup ecosystems A new study of 596 Indian startups shows homegrown entrepreneurs outdo returnees on nearly all metrics https://www.bloomberg.com/…