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Far from Silicon Valley: How emerging economies are re-shaping our understanding of global entrepreneurship

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  • Hill, T.L.
  • Mudambi, Ram

Abstract

In this paper we describe three distinct but interrelated processes -- spillover and catch up, brokering and bottom up -- that link globalization to entrepreneurship in emerging economies. We then outline an ambitious research agenda concerning entrepreneurship in the emerging economy context. Is most of such entrepreneurship Kirznerian or Schumpeterian? How do brokering processes work in this context? What informal and formal institutions will emerge to govern entrepreneurship? Does entrepreneurship at the base of the pyramid represent just another MNE-inspired spillover, or will the severe constraints lead to truly revolutionary innovations in business models, governance arrangements and social relations? Most fundamentally, will the entrepreneurial processes in emerging economies conform to or transform the organization of entrepreneurship as we know it?

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  • Hill, T.L. & Mudambi, Ram, 2010. "Far from Silicon Valley: How emerging economies are re-shaping our understanding of global entrepreneurship," Journal of International Management, Elsevier, vol. 16(4), pages 321-327, December.
    • Handle: RePEc:eee:intman:v:16:y:2010:i:4:p:321-327
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    3. Robert Wentrup & H. Richard Nakamura & Patrik Ström, 2020. "Closing the Digital Entrepreneurship Gap the Case of Returnee Entrepreneurs in Morocco," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 6(1), pages 140-162, January.
    4. Michael Young & Terence Tsai & Xinran Wang & Shubo Liu & David Ahlstrom, 2014. "Strategy in emerging economies and the theory of the firm," Asia Pacific Journal of Management, Springer, vol. 31(2), pages 331-354, June.
    5. Barnard, Helena, 2021. "Host countries' level of development and internationalization from emerging markets: A typology of firm strategies," Journal of International Management, Elsevier, vol. 27(3).
    6. Lee, Jeoung Yul & Park, Young-Ryeol & Ghauri, Pervez N. & Park, Byung Il, 2014. "Innovative Knowledge Transfer Patterns of Group-Affiliated Companies: The effects on the Performance of Foreign Subsidiaries," Journal of International Management, Elsevier, vol. 20(2), pages 107-123.
    7. Nachiket Bhawe & Shaker A. Zahra, 2019. "Inducing heterogeneity in local entrepreneurial ecosystems: the role of MNEs," Small Business Economics, Springer, vol. 52(2), pages 437-454, February.
    8. Tran, Yen & Truong, Anh Tran Tram, 2022. "Knowledge recontextualization by returnee entrepreneurs: The dynamic learning perspective," Journal of International Management, Elsevier, vol. 28(3).
    9. Ibrahem Alshbili & Ahmed A. Elamer & Maha W. Moustafa, 2021. "Social and environmental reporting, sustainable development and institutional voids: Evidence from a developing country," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(2), pages 881-895, March.
    10. Conti, Claudio Ramos & Goldszmidt, Rafael & Vasconcelos, Flávio Carvalho de, 2015. "Estratégias para desempenho superior em recessões: pro ou contra-cíclicas?," RAE - Revista de Administração de Empresas, FGV-EAESP Escola de Administração de Empresas de São Paulo (Brazil), vol. 55(3), May.
    11. de Lange, Deborah E., 2016. "Legitimation Strategies for Clean Technology Entrepreneurs Facing Institutional Voids in Emerging Economies," Journal of International Management, Elsevier, vol. 22(4), pages 403-415.
    12. Maria Elo & Susanne Sandberg & Per Servais & Rodrigo Basco & Allan Discua Cruz & Liesl Riddle & Florian Täube, 2018. "Advancing the views on migrant and diaspora entrepreneurs in international entrepreneurship," Journal of International Entrepreneurship, Springer, vol. 16(2), pages 119-133, June.
    13. Jones, Geoffrey & Pitelis, Christos, 2015. "Entrepreneurial Imagination and a Demand and Supply-side Perspective on the MNE and Cross-border Organization," Journal of International Management, Elsevier, vol. 21(4), pages 309-321.
    14. Lau, Victor P. & Dimitrova, Mihaela N. & Shaffer, Margaret A. & Davidkov, Tzvetan & Yordanova, Desislava I., 2012. "Entrepreneurial Readiness and Firm Growth: An Integrated Etic and Emic Approach," Journal of International Management, Elsevier, vol. 18(2), pages 147-159.
    15. Hermes, Jan & Mainela, Tuija, 2022. "Actor legitimation in emerging markets: A network-embedded process," Journal of World Business, Elsevier, vol. 57(4).

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