Abstract

This paper analyzes the relationship between the migration experience and the perception of risk when starting a business. In order to empirically validate the hypotheses formulated, this research uses data from the Global Entrepreneurship Monitor (GEM) in Spain during 2009. The analysis made reveals that, regardless of origin, immigrants are less likely to perceive the creation of a company as a hazardous situation. These data prompt us to reflect on explanations related to the selection process before leaving their countries of origin and how immigrants change their perception of risk after the migration process. Likewise, the results obtained raises important practical implications facing the formulation of strategies and policies to foster entrepreneurship in this group.

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