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The purpose of this study is to investigate the impact of returnee entrepreneurs’ education and knowledge transfer (KT) on business development (BD) as well as the moderating effect of time living abroad on returnee entrepreneurs.

The quantitative approach was used in this study to grasp and validate the conceptual framework. This research was guided by a positivist survey research technique. A structured questionnaire was used as a data collection tool, and 151 returnee entrepreneurs were involved in the study. SEM with SmartPLS was used as a data analysis tool.

The results of this study show that returnee entrepreneur’s education and KT is positively associated with BD, while the time living abroad was not proved to have a moderation effect on BD.

This study has academic and practical relevance, as it adds new knowledge and a better understanding of the role of returnee entrepreneurs in BD and expands research on returnee entrepreneurs. In terms of practical contributions, this research offers suggestions to governments, policymakers and the business community about the impact of returnee entrepreneurs in the entrepreneurial ecosystems of their home countries.

This study is one of the few studies that have analysed the impact of returnee entrepreneurs’ education and KT on BD by using the survey technique. The results of this empirical research are based on primary data collected via a questionnaire.