CALL FOR PAPERS

Special Issue on:

SUSTAINABLE ENTREPRENEURSHIP, ECONOMIC AND FINANCIAL DEVELOPMENT IN EMERGING ECONOMIES

Guest Editor

Michael K. Fung, School of Accounting and Finance, Hong Kong Polytechnic University

Description:

From interdisciplinary perspective, this special issue aims to address contemporary issues on Sustainable Entrepreneurship, Economic and Financial Development in Emerging Economies.

According to a study by Dana et al. (2001) on several industries, small and big enterprises cooperate in international marketing networks, which may integrate local markets into parts of integrated broader markets. This integration may impact the growth of emerging economies by involving smaller entrepreneurial units that exploit the possibility of entering into truly global value chains (Etemad et al., 2001; Wright & Dana, 2003). This linkage between entrepreneurship and economic development could be weakened by several constraints related to the lack of minimum efficient scale mentioned by (Etemad et al., 2001).

Wright & Dana (2003) argued that the strategic alternatives facing small entrepreneurial units have experimented dramatic changes and that spatial constraints are no longer impossible barriers to surpass. This is fundamentally due to the emergence of a new paradigm characterized by reduced transaction costs and increased managerial complexity that induce both small and big entrepreneurial units to implement multi-prong strategies.

A related issue is whether low-income countries are catching up to the high-income ones, how quickly and by what means. Fung (2009) found that the mutually reinforcing relationship between financial development and economic growth is stronger in the early stage of economic development, and this relationship diminishes as sustained economic growth gets under way. As such, low-income countries with a relatively well-developed financial sector are more likely to catch up to their middle- and high-income counterparts, and those with a relatively under-developed financial sector are more likely to be trapped in poverty. Chow and Fung (2013) further empirically showed the dynamic relationship between growth and development.

Under the competitive scenario of multi-polar world economy, and for recovering the debate initiated by Wright & Dana (2003) and Dana et al.(2008), it must be highlighted that entrepreneurs and entrepreneurial units have to improve/re-formulate their competitive strategies so as to successfully compete in global markets. This is the key to reaching efficiency and competitiveness comparable to their international rivals.

For continuing to enrich this open debate in the scope of the current special issue, the relationship between sustainable entrepreneurship, growth and financial development are appraised. Some examples of relevant themes and research questions that might be considered for publication, include, although are not limited to, the following:

Subject coverage:

This special issue is planned to trace an original overview on different dimensions of entrepreneurship, economic growth and financial development. For accomplishing this positioning, both qualitative and quantitative applications on these referred dimensions may be considered. Examples of suitable topics are:

We welcome qualitative as well as quantitative and mixed methodologies, as long as they are well grounded in the literature. Please refer to the following articles:  

Dana, L.P. and Dana, T.E. (2005), 'Expanding the Scope of Methodologies Used in Entrepreneurship Research', International Journal of Entrepreneurship & Small Business, Vol. 2(1), 2005, pp. 79-88.

Dana, L.P. and Dumez, H. (2015), 'Qualitative Research Revisited: Epistemology of a Comprehensive Approach'. International Journal of Entrepreneurship & Small Business, Vol. 26 (2), October 2015, pp. 154-170.

Notes for Prospective Authors:

Submitted papers should not have been previously published nor be currently under consideration for publication elsewhere. (N.B. Conference papers may only be submitted if substantially revised). Only UK English is accepted; papers with US English will be rejected prior to being sent to reviewers.

All papers are refereed through a double-blind peer review process.

All papers must be submitted online. Please read our submitting articles page.

Important Dates:

Guest editor's contact:

Michael K. Fung:           afmikef@polyu.edu.hk

References:

Chow, W.W. and Fung, M.K. (2013), 'Financial Development and Growth: A Clustering and Causality Analysis', Journal of International Trade & Economic Development, 22(3), 430-453.

Dana, L.P.; Etemad, H.; and Wright, R. (2001), 'The Global Reach of Symbiotic Networks', Journal of Euromarketing, 9(2), 2001, pp. 1-16.

Dana, L.P.; Etemad, H.; and Wright, R. (2008), 'Toward a paradigm of symbiotic entrepreneurship', International Journal of Entrepreneurship & Small Business, Vol. 5(2), 2008, pp. 109-126.

Etemad, H.; Wright, R.; and Dana, L.P. (2001), 'Symbiotic International Business Networks: Collaboration between Small and Large Firms', Thunderbird International Business Review, 43(4), July-August 2001, pp. 481-494.

Fung, M.K. (2009), 'Financial development and economic growth: convergence or divergence?', Journal of International Money and Finance, 28(1), 56-67.

Wright, R. and Dana, L.P. (2003), 'Changing Paradigms of International Entrepreneurship Strategy', Journal of International Entrepreneurship, 1, pp. 135-152.