Globalization, entrepreneurship and paradox thinking

• Prashantham, S. 
• Eranova, M. 
• Couper, C. 

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

• Anti-globalization
• Entrepreneurship
• Globalization
• Institutional change
• International entrepreneurship
• Paradox thinking

Author Community

[Prashantham, S.] China Europe International Business School, Shanghai, China

[Eranova, M.] University of Greenwich, Old Royal Naval College, London, UK

[Couper, C.] University of Glasgow, Glasgow, UK

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