Research On Chinese Overseas Returnees Start-up

In the former time, the craze for going abroad swept the country, which made the country suffer from"Brain Drain", and recent years, more and more people come back to motherland which is so-called the era of"Brain Gain". With the deepgoing of the reform and opening-up policy, the bright future of Chinese economic attracts the investors all over the world, including the Chinese overseas students. Many Chinese overseas students come back to motherland after graduate from school abroad, and hold dreams to realize self-value and serve our country. Among those, many returnees choose to start up business by themselves, and they have become the main force of start-up pioneer inland. Overseas returnees start-up is factually the international flow of production factors including talents, technology, capital, information, and management. It is a new way to use foreign investment. Local governments try to encourage overseas talents to start up enterprises in those cities by all kinds of means .Because of the experience of studying\living and working abroad, they overseas talents are always familiar with the international rules, hold advanced technology, and also have leading thinking and minds, and scientific management methods. Compared to the indigenous entrepreneurs, the overseas returnees have born advantages. However, the success rate of Chinese overseas returnees start-up is very low, why? On one hand, it is because of the disadvantages of the overseas returnees, on the other hand, there are many defects on our national market economic structure and government mechanism.This paper introduces the situations of Chinese overseas students, analyzes the background and reasons of talents circumfluence, set forth the effects of talents circumfluence, survey the advantages and disadvantages of Chinese overseas returnees, indicate the main obstacles during the process of start-up, this paper also introduces some other countries and districts about how to attract overseas talents to return and start up business. Conclusively, this paper brings up some countermeasures and suggestions to the overseas returnees about how to optimize the allocation of resources, cater for the situation, make best use of their advantages and bypass their disadvantages, overcome obstacles, to start up businesses successfully in China. This paper also makes some suggestions to the government about how to draw up polices and provide a good environment for the overseas returnees.Hope that the research result of this paper can help to search for a right way to guide the Chinese overseas returnees to start up enterprises, and have practical meanings for the government to attract overseas talents.