Emerging economies are those low-income, high growth nations principally reliant on economic liberalisation for their growth. This economic shift is such that today emerging economies and their firms are largely driving the world’s economic recovery. A prediction by many scholars is that by 2050 these nations will dominate the world economy.
Despite the growing importance of emerging economies, academic e ntrepreneurship and innovation research still focuses disproportionately on firms in the mature economies of Europe and North America . However, we know from the existing pool of research on entrepreneurship and innovation activities in emerging economies that there are unique differences in emerging economy firms.
The goals of this special issue are to publish work that (1) builds knowledge about the nature of entrepreneurship and innovation activities in emerging economies, as well as their antecedents and consequences, and (2) provides firsthand information and develops theories for future research.
Examples of questions that could be addressed include but are not limited to:
- Entrepreneurship and economic growth: What is the role of public policy in emerging economies in encouraging strategic entrepreneurship? Do the mixed models of private/public ownership that typify many emerging economies generate positive economic impact in the society?
- Change: The rate of change in many emerging economies is particularly fast - how do firms successfully adjust to this change in order to promote strategic entrepreneurship endeavors? As the FDI outflow increases in nations from emerging economies, how does this impact the rate and nature of change in emerging economies?
- Risk and uncertainty: Does the concept of risk differ in emerging economies from that of mature economies? What is the relative impact of that difference? Emerging economies are perceived as higher risk environments. If this is true does this higher risk generate greater creativity and do the benefits of the risk-taking percolate throughout society or only to those who are taking risks?
- Innovation and technology: How does the innovation process differ in emerging economies and how does this impact society? What is the role of knowledge acquisition for emerging economy firms and does this ultimately lead to a competitive advantage for them? What is the role of technology in firms situated in economic climates in which low labour costs are perceived as a strong competitive advantage?
- Social role of entrepreneurship: Does social entrepreneurship in emerging economies generate the intended positive results? What is the role of sustainability in strategic entrepreneurship in emerging economies?
- Behavioural characteristics of entrepreneurial activity: Do the cognitive properties of strategic entrepreneurship differ in emerging economies? What is the impact of culture and other institutions on risk-taking in emerging economies?
- Inter-disciplinary research of innovation: Society perspective; business and economics perspectives; organisational perspective and others.
- Innovative and entrepreneurial franchising: How dose innovative and entrepreneurial franchising lead to performance in emerging economies?
- Innovation and performance: How does innovation create better or more effective products, processes, technologies, or ideas that affect markets, governments and society?
Submission deadline: 30 June 2012