The world is close to the bottom of a global recession that is causing widespread business contraction, increases in unemployment, shrinking government revenues and growing management challenges between firms. Nearly all industrialised countries and many emerging and developing nations have announced economic stimuli and/or financial sector rescue packages.
This financial crisis which began in industrialised countries quickly spread to emerging-market and developing economies. Investors pulled capital from countries, even those with small levels of perceived risk, and caused values of stocks and domestic currencies to plunge. Also, slumping exports and commodity prices have added to the woes and pushed economies worldwide either into recession or into a period of slower economic growth. Most importantly, with the exception of this financial crisis and recession, businesses are now entering into the toughest five years since the industrial revolution. How will businesses respond to global challenges and conditions of growing international turmoil?
The main purpose of this special issue is to focus on the importance of management and management-related topics associated with international business. The issue will provide a greater theoretical, methodological understanding to help face business challenges and responses under the conditions of international turmoil that are happening right now across the world. This issue aims to give a clear general global overview of the global challenges the business industry is facing after the financial crisis.
Suitable topics include, but are not limited to, the following:
- International entrepreneurship: challenges in the 21st century
- Business economics and finance after the 2008 crash
- Sustainable growth and development (environment, society and economy)
- Creativity, innovation and global entrepreneurship
- Innovation strategy in the family business phenomenon
Submission of manuscripts: 15 September, 2015