“…Transnational entrepreneurs are part of the elite in their communities in terms of education and legal standing, and are driven by higher incomes than the average wage (Portes et al, 2002). Owing to their familiarity with different cultures (Mizrachi, Drori, & Anspach, 2007) (Patel & Conklin, 2009). Essentially, cultural factors may affect transnational entrepreneurs' activities and performance (Urbano, Toledano, & Ribeiro-Soriano, 2011).…”