Globalization, entrepreneurship and paradox thinking
Indexed by
SSCI Scopus ABDC-A
Abstract
Globalization has been facing a backlash. By contrast, entrepreneurship has come to be seen as a panacea for economic development and generating jobs that are perceived to be under threat from globalization. In this Perspectives paper, our central argument is that globalization and entrepreneurship must be viewed holistically, recognizing that globalization is an enabler of important entrepreneurship outcomes. We argue that networks created as a byproduct of globalization facilitate various forms of entrepreneurship. Interpersonal networks (e.g., diasporas) facilitate transnational entrepreneurship which can, in turn, reduce institutional distance between locations. Interorganizational networks (e.g., MNE-orchestrated ecosystems) facilitate technology entrepreneurship which reinforces the institutional work that gives rise to new technological domains and fields. Intergovernmental and civil society networks facilitate social entrepreneurship which helps redress institutional voids. Thus globalization can be a force for good by enabling forms of entrepreneurship that enable important institutional change. We highlight the importance of paradox thinking, which is rooted in ancient Chinese philosophy, in transcending an either/or perspective of globalization and entrepreneurship.
Keyword
Author Community
Related Article
International Business in an Era of Anti-Globalization
2017,Multinational Business Review
Zotter Chocolate: Creating a Market in China
2018,
Born Globals, Networks, and the Large Multinational Enterprise: Insights from Bangalore and Beyond
2015,Routledge
Micro-institutional Change and Organization Design: A Process Model of Logic Elaboration
2016,76th Annual Meeting of the Academy of Management
Asia Pacific Journal of Management
ISSN:0217-4561
Year:2017
Issue:1
Volume:35
Page:1-9
ESI Discipline:ECONOMICS & BUSINESS;