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Asia Pacific Journal of Management

, Volume 35, Issue 1, pp 1–9 | Cite as

Globalization, entrepreneurship and paradox thinking

  • Shameen PrashanthamEmail author
  • Mariya Eranova
  • Carole Couper
Perspectives

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.

Keywords

Globalization Entrepreneurship International entrepreneurship Paradox thinking Institutional change Anti-globalization 

Notes

Acknowledgements

We thank Stephen Young for helpful comments on an earlier draft, Geoff Jones for encouragement to pursue this piece and, especially, Mike Peng for very constructive editorial guidance.

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Copyright information

© Springer Science+Business Media, LLC 2017

Authors and Affiliations

  • Shameen Prashantham
    • 1
    Email author
  • Mariya Eranova
    • 2
  • Carole Couper
    • 3
  1. 1.China Europe International Business SchoolShanghaiChina
  2. 2.University of Greenwich, Old Royal Naval CollegeLondonUK
  3. 3.University of GlasgowGlasgowUK

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