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Determining factors of international opportunity recognition: A conceptual approach

Author

Listed:
  • Eduardo Terán-Yépez

    (Department of Economics and Business, Research Center CIMEDES, University of Almeria (ceiA3), Almeria, Spain)

  • Andrea Guerrero-Mora

    (Ecuador (Independent researcher))

Abstract

Objective: The objective of the article is to advance theoretical knowledge on international opportunity recognition by establishing a conceptual model with particular focus on answering why and how some entrepreneurs identify international opportunities (IOs). Research Design & Methods: This conceptual paper relies on qualitative and explorative research through literature review methodology. The analysis of available literature leads to the formulation of seven theoretical propositions. Findings: The findings allow us to establish why and how some entrepreneurs recognize IOs, by indicating that prior international knowledge and experience, international entrepreneurial alertness, entrepreneurial creativity and entrepreneurial passion are the determining factors. Contribution & Value Added: This research integrates in a single conceptual model various factors that have been studied separately. The influence of all these factors simultaneously and the interaction between them seeks to explain why and how an entrepreneur identifies IOs.

Suggested Citation

  • Eduardo Terán-Yépez & Andrea Guerrero-Mora, 2020. "Determining factors of international opportunity recognition: A conceptual approach," International Entrepreneurship Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 6(4), pages 65-80.
    • Handle: RePEc:krk:ientre:v:6:y:2020:i:4:p:65-80
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    File URL: https://ier.uek.krakow.pl/index.php/pm/article/view/1998/2103
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    More about this item

    Keywords

    International opportunity recognition; prior international knowledge; prior international experience; cognitive characteristics; conceptual model Pages: 65-80;
    All these keywords.

    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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