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Analysing the Role of Framework Conditions Influencing International Entrepreneurial Opportunity Identification Process

Author

Listed:
  • Yonni Angel Cuero Acosta

    (Leipzig University, Germany)

  • Richard Adu-Gyamfi

    (Leipzig University, Germany)

  • Md. Noor Un Nabi

    (Khulna University, Bangladesh)

  • Utz Dornberger

    (Leipzig University, Germany)

Abstract

Objective:The objective of this paper is to determine and analyse the framework conditions that influence the entrepreneurial opportunity identification and action in the international market context. Research Design & Methods: Scholars from the International Business and International Entrepreneurship (IE) research fields agree that the process of internationalisation is triggered by opportunity identification. The extant literature is reviewed by assessing the framework conditions that domestic and international markets offer for entrepreneurial actions. An analytical juxtaposition of the influential factors is conducted in the light of various stages of the opportunity identification process by examining − at each stage − possible effects of domestic and international market context.Findings:This paper brings into the IE discussion a conceptual matrix of various elements and factors − external conditions – which influence the creation of nexus by entrepreneurs to the markets. Implications & Recommendations:The conceptual matrix offers new insights for theoretical development and arguments for designing empirical research in terms of external conditions. It is expected to provoke more theoretical and practical questions from scholars within the IE field. Contribution & Value Added:The originality of this work lies in proposing a comprehensive framework to understand how context interacts with the entrepreneurial opportunity identification process.

Suggested Citation

  • Yonni Angel Cuero Acosta & Richard Adu-Gyamfi & Md. Noor Un Nabi & Utz Dornberger, 2017. "Analysing the Role of Framework Conditions Influencing International Entrepreneurial Opportunity Identification Process," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 5(3), pages 9-29.
    • Handle: RePEc:krk:eberjl:v:5:y:2017:i:3:p:9-29
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    References listed on IDEAS

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    Cited by:

    1. Richard Adu-Gyamfi & John Kuada & Simplice A. Asongu, 2023. "An Integrative Framework for Formal and Informal Entrepreneurship Research in Africa," Journal of African Business, Taylor & Francis Journals, vol. 24(2), pages 167-187, April.
    2. Felix A. Nandonde & Richard Adu-Gyamfi & Tinaye S. Mmusi & Herbert Wamalwa & Simplice A. Asongu & Johannes P. Opperman & Jeremiah R. Makindara, 2019. "Linkages and spillover effects of South African foreign direct investment in Botswana and Kenya," Working Papers of the African Governance and Development Institute. 19/039, African Governance and Development Institute..
    3. Adu-Gyamfi, Richard & Kuada, John & Asongu, Simplice, 2018. "An Integrative Framework for Entrepreneurship Research in Africa," MPRA Paper 89133, University Library of Munich, Germany.
    4. Salar Gholizadeh & Reza Mohammadkazemi, 2022. "International entrepreneurial opportunity: A systematic review, meta-synthesis, and future research agenda," Journal of International Entrepreneurship, Springer, vol. 20(2), pages 218-254, June.

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    More about this item

    Keywords

    international entrepreneurial opportunity process; market context;

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration

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