Study On Influence Of Entrepreneurial Learning And Institutional Environment In Host Country On The Opportunity Identification Of International Entrepreneurship

Entrepreneurial opportunity identification is not only the core issue ofentrepreneurial activities, but also the first step of entrepreneurship. Shane andVenkataraman have pointed that when we map an entrepreneurial framework, thebiggest problem is opportunity recognition, at the same time, the main purpose of theentrepreneurial activity is to obtain some enterprise performance, so entrepreneurialopportunity identification is very important to entrepreneurial performance. Throughanalysis of related literature on international entrepreneurship, this paper found thatentrepreneurial learning and institutional environment in host country have positiveroles on the opportunity identification of international entrepreneurship. Therefore,based on the experiencial learning theory, organizational learning theory, institutionaltheory and international entrepreneurship theory, this paper constitute a theoreticalmodel with four basic elements which are entrepreneurial learning, institutionalenvironment in host country, opportunity identification of internationalentrepreneurship and international entrepreneurial performance.To begin with, this paper analyzed the relevant literature of opportunityidentification of international entrepreneurship and summarized the definition,antecedent variables and the relationship with the international entrepreneurialperformance. Meanwhile this paper also analyzed the relevant literature ofentrepreneurial learning and institutional environment in host country to summarizetheir definitions, inscapes and the relationship with the opportunity identification ofinternational entrepreneurship, then we proposed the basic elements of the studyframework. Secondly, based on the research view of international entrepreneurship,this paper defines the connotation of each factor and proposes their dimensions.Thirdly, on the basis of theoretical research and empirical analysis, this paper focuseson the two antecedent variables which are entrepreneurial learning and institutionalenvironment in host country to study opportunity identification of internationalentrepreneurship, and the relationship between the opportunity identification ofinternational entrepreneurship and international entrepreneurial performance. We proposed8hypotheses. Fourthly,144international entrepreneurial ventures acceptedthe questionnaire survey, then we had a empirical analysis of the survey data by usingfactors analysis, reliability and regression analysis.Finally, through theoreticalresearch and empirical analysis, we demonstrate the8assumptions and the interactionbetween the various elements.The final results show that entrepreneurial learning is positively related toopportunity identification of international entrepreneurship; institutional environmentin host country is positively related to opportunity identification of internationalentrepreneurship; opportunity identification of international entrepreneurship ispositively related to international entrepreneurial performance. Therefore, thetheoratical framework is proposed in this paper has been fully verified.This paper has three innovations. Firstly this paper analysed opportunityidentification during international entrepreneurship and introduced entrepreneuriallearning as an antecedent to opportunity identification of internationalentrepreneurship. This paper enriched the study of opportunity identification mode.Secondly, the paper defined the concept of institutional environment in host countryand researched the influence of the institutional environment on the entrepreneurialopportunity identification in the process of international business and it made up thedeficiency of previous literature.Thirdly, this paper proposed three dimensions tomeasure the opportunity identification of international entrepreneurship and analysedits effect on international entrepreneurial performance. This paper has guidingsignificance to the international business enterprises.