Quotation Vandor, Peter, Franke, Nikolaus. 2016. See Paris and ... found a business? The impact of cross-cultural experience on opportunity recognition capabilities. Journal of Business Venturing (JBV), 31 (4), 381-407.


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Abstract

Internationally mobile individuals such as migrants and expatriates exhibit a higher level of entrepreneurial activity than people without cross-cultural experience. Current research suggests that this pattern is rooted in specific resources and institutional arrangements that increase the attractiveness of exploiting entrepreneurial opportunities. In this study, we provide an additional explanation: We argue that cross-cultural experience increases the ability to recognize entrepreneurial opportunities. This argument is supported by two complementary studies – a longitudinal quasi-experiment and a priming experiment. We find convergent evidence that cross-cultural experience increases a person’s capabilities to recognize particularly profitable types of opportunities by facilitating the application of cross-cultural knowledge for the discovery of arbitrage opportunities and creative recombination.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Journal of Business Venturing (JBV)
Citation Index SSCI
WU Journalrating 2009 A
WU-Journal-Rating new MAN-A, STRAT-A, WH-A
Language English
Title See Paris and ... found a business? The impact of cross-cultural experience on opportunity recognition capabilities
Volume 31
Number 4
Year 2016
Page from 381
Page to 407
Reviewed? Y
URL http://www.sciencedirect.com/science/article/pii/S0883902616300052
DOI http://dx.doi.org/10.1016/j.jbusvent.2016.03.003
Open Access Y

Associations

People
Vandor, Peter (Details)
Franke, Nikolaus (Details)
Organization
Competence Center for Nonprofit Organizations and Social Entrepreneurship WE (Details)
Entrepreneurship and Innovation IN (Details)
Research Institute for Family Business FI (Details)
WU Entrepreneurship Center WE (Details)
Research areas (Ă–STAT Classification 'Statistik Austria')
5320 Marketing (Details)
5350 Innovation research (Details)
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