Abstract

This study contributes to the opportunity recognition literature by an inductive content analysis of the entrepreneurial journeys of 52 immigrant entrepreneurs in the Boston area. The theoretical framework derived from our narrative data depicts the opportunity recognition processes of immigrant entrepreneurs and highlights the role of the meso context, embedded in the broader macro institutional context, as a source of external resources, motivators, and opportunity signals. The model also elaborates the role of idiosyncratic internal motivators for immigrant entrepreneurs during their opportunity recognition processes. The study contributes to the entrepreneurship literature by showing that immigrant entrepreneurs, due to their extended exposures to different national contexts, have a comparative mindset, and this mindset plays a unique role in shaping their alertness to entrepreneurial opportunities in their new contexts.

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