Abstract

International entrepreneurship (IE) as a legitimate academic pursuit has emerged at the intersection of entrepreneurship and international business (IB) literatures. However, in reality, the field is more international than entrepreneurial. In fact, researchers in IE have seriously failed to embrace relevant literature from both IB and entrepreneurship. In this paper, we have emphasized on opportunity recognition (OR) which is one of the core but neglected concepts of entrepreneurship in general and of IE in particular. First, from a systematic content analysis we develop an organizing framework consisting of antecedents, correlates, and outcomes of OR building on empirical OR studies in mainstream entrepreneurship literature. Second, we derive a distinct model of international OR with insights from the preceding content analysis and international business literature. This paper contributes to the theoretical understanding of OR in both entrepreneurship and IE and proposes future directions particularly for IE research concerning OR.

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