Prashantham, S., Eranova, M. and Couper, C. (2018) Globalization, entrepreneurship and paradox thinking. Asia Pacific Journal of Management, 35. pp. 1-9. ISSN 0217-4561
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.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2018 Springer Verlag. This is an author produced version of a paper subsequently published in Asia Pacific Journal of Management. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Globalization; Entrepreneurship; International entrepreneurship; Paradox thinking; Institutional change; Anti-globalization |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Management School (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 24 Jan 2018 16:18 |
Last Modified: | 11 Nov 2020 16:32 |
Status: | Published |
Publisher: | Springer Verlag |
Refereed: | Yes |
Identification Number: | 10.1007/s10490-017-9537-9 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:126586 |