Editorialредакционная статья
Аннотация: This issue presents four articles that cover a rich and broad range of related and complementary issues, ranging from changes in the environment and at the policy level in the emerging economies encouraging, if not enabling, internationalization of firms, to factors that impact entrepreneurial motivations and perception at the personal and strategic levels.The dominant theme of this issue is inter-relations and interactions among the factors that affect internationalization of entrepreneurial firms that experience different conditions emanating from their respective country environments.The papers in this issue also present a rich diversity of information, databases, and methods of analysis that lead to logical sets of findings, implications, and recommendations for future research.The first paper, coauthored by Sonia Ketkar and Zoltan J. Acs, is entitled: "Where Angels Fear to Thread: Internationalization of Emerging Country SMEs".In spite of impressive success of small and medium enterprises (SMEs) from the emerging economies in the international markets in recent years, the first part of the title points at the difficult environments in the emerging economies, from which such internationalizing SMEs have emanated.The prevailing scholarly opinion has pointed out that the previously restrictive institutional context of the emerging economies-comprising the formal rules and regulation and informal sociocultural constraints-have been relaxed during the past two decades, and that such economies have further engaged in developing and upgrading their formal institutions, including their economic, legal, and regulatory environments.However, the cultural and traditional underpinnings of the sociocultural environment, imposing informal constraints, have not responded as rapidly.Operating within such environments, SMEs have been forced to deal with problems such as the pressures of global competition arising from globalization of trade and investments, liberalization of the economic and trading regimes eroding previous competitive advantages, and the progressive removal of barriers to mobility, which combine to intensify competition at home and abroad and challenge smaller and younger firms' legitimacy and cultural sensibilities and responsiveness.Ketkar and Acs addressed the conflicting impacts of the formal
Год издания: 2013
Авторы: Hamid Etemad
Издательство: Springer Science+Business Media
Источник: Journal of International Entrepreneurship
Ключевые слова: International Business and FDI, International Student and Expatriate Challenges, Migration, Ethnicity, and Economy
Открытый доступ: hybrid
Том: 11
Выпуск: 3
Страницы: 197–200