Migration policies in OECD countries to manage the migration of foreign entrepreneurs and investors
Abstract:The potential contribution of migrant entrepreneurs to the economies of host countries interests policy makers. A majority of OECD countries have increasingly adopted migration measures that apply specifically to foreigners willing to migrate in order to create or operate their own business or invest their capital in the country. These policies are designed to select immigrant entrepreneurs and investors likely to contribute to the growth of the national economy and to encourage them to settle. However, those policies account only for a marginal fraction of all entrepreneurial activity by migrants in OECD countries, as most foreign entrepreneurs enter through other channels. Several other factors may also influence migrant entrepreneurs' choice of the country in which to establish their businesses. International agreements setting preferential admission conditions for nationals of the partner countries and, more generally, existing economic and public policies to support independent activity play an important role in this process.
Document Type: Review Article
Publication date: November 1, 2010