Abstract
This study focuses on the impact of entrepreneurial alertness on opportunity recognition and the disparity between males and females in the context of institutional voids. Our research integrates institutional theory and entrepreneurial alertness literature to argue that institutional voids help facilitate the entrepreneurial alertness-opportunity recognition relationship – but this relationship is different for men and women. The theoretically-derived model was investigated with survey data from 266 entrepreneurs in Ghana. We found entrepreneurial alertness positively relates to opportunity recognition and this relationship is moderated by institutional voids. Also, we found that this moderated relationship is further moderated by gender such that the relationship signifies an exclusionary context for female entrepreneurs. Theoretical and practical implications are discussed.
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