This article addresses theoretical and empirical issues concerning the emergent field of transnational entrepreneurship. We discuss issues regarding the antecedents of transnational entrepreneurship focusing specifically on the socio-cultural factors affecting this phenomenon in the Spanish context. Entrepreneurship, ethnic and transnational entrepreneurship literature is combined with institutional approach to explain what and how different socio-cultural factors influence the emergence and development of transnational entrepreneurship in Catalonia (in the north-east of Spain). We do this by looking at four case studies of transnational entrepreneurs with different ethnicity (Ecuadorian, Latin American; Moroccan, North African; Chinese, Asian; and Romanian, Eastern European). Important differences between socio-cultural factors that affect the emergence of transnational entrepreneurship (role models, immigrants’ entrepreneurial attitudes) and those that facilitate the development of transnational entrepreneurial activities (transnational networks and immigrants’ perceptions of the culture and opportunities of the host society) are found.
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