Globalization, entrepreneurship and paradox thinking

Shameen Prashantham (First Author), M. Eranova (Participant Author), C. Couper (Participant Author)

Research output: Contribution to journalJournal

19 Citations (Web of Science)


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.
Original languageEnglish
Pages (from-to)1-9
JournalAsia Pacific Journal of Management
Issue number1
Publication statusPublished - 2017

Corresponding author email


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

Indexed by

  • ABDC-A
  • Scopus
  • SSCI


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