Entrepreneurship emerges as a way out of economic crises for almost every part of the world. It is a frequently discussed theme in addressing development and sustainability. Entrepreneurship is widely accepted as the primary force that can assist in self-sufficiency, social inclusion, job creation, capital formation and skills acquisition, to name a few.
With the threat to job stability in today’s economies, entrepreneurship is expected to trigger latent entrepreneurship that could lead to re-investment of social capital to generate financial capital. Cash today might not be the main value-added commodity. In an information society some of the basic ingredients of a successful entrepreneur, such as confidence and social capital, might be equally important.
While the general attitude in today’s economy may be negative about SME diversification, the ability to run a group of businesses as a profit ecosystem rather than business units might prove to be beneficial in volatile economic times. If conditions improve one can always focus on growth of the most profitable and promising units. Yet in unstable economic times, falling to backup alternatives away from the mainstream business of organisations might be a solution to sustainable development.
This special issue aims to shed light onto the multipreneurship/parallel diversification perspective by presenting cases from around the world to highlight the success factors of diversifying at different levels of businesses, and the personal and professional entrepreneurial attributes that lead to successful and sustainable ventures. Using these cases as teaching material will hopefully shed light and alert students on the characteristics of entrepreneurs and the vital role they play in advancing their local and global economy.
Suitable topics include but are not limited to:
- Frameworks and theoretical foundations
- Financial considerations
- Public policies
- Low income multipreneurs
- Technology multipreneurs
- Immigrant multipreneurs
Submission of manuscripts: 1 June, 2013
Notification to authors: 1 September, 2013
Final versions due: 1 October, 2013