Innovative outcomes from migrant entrepreneurship: a matter of whether you think you can, or think you can’t
Date
2020
Type:
Article
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22 p.
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Abstract
The entrepreneurship literature has exposed some of the most influential antecedents of innovative entrepreneurship. Prior research has also identified crucial
features of migrant entrepreneurship. This article employs lessons from these
two areas and draws on social cognitive theory to explore the main drivers of
innovative ventures among migrants. We center the attention on entrepreneurs,
differentiating them between two management strategies: imitation or innovation;
and we study the role of perceived self-efficacy, prior entrepreneurial experience,
and social capital into the likelihood of acting innovative. For our empirical
analysis, we primarily use data from the Global Entrepreneurship Monitor for
three years covering 2016–2018 and gathering 5713 observations of early-stage
entrepreneurs from Chile. Our estimations show that being a migrant is in itself an
insufficient condition to influence seeking substantial differentiation from what is
traditionally offered in the local market; instead, we confirm that a migrant who
feels capable of successfully starting a business will be likely to conduct innovative entrepreneurship. Contributions of these findings for theoretical and practical
advances of the field are discussed.
Description
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Citation
International Entrepreneurship and Management Journal 17, 571–592 (2021)
Keywords
Migrant entrepreneurship, Innovative entrepreneurship, Developing country, Perceived self-efficacy, Prior entrepreneurial experience, Social capital