RACE: The Theory of Emergence for Strategic Entrepreneurship

Rajendran Muthuveloo and Teoh Ai Ping
Additional contact information
Rajendran Muthuveloo: Graduate School of Business, Universiti Sains Malaysia, Penang, Malaysia,
Teoh Ai Ping: Graduate School of Business, Universiti Sains Malaysia, Penang, Malaysia

International Review of Management and Marketing, 2017, vol. 7, issue 1, 164-168

Abstract: This paper discusses the theory of emergence for strategic entrepreneurship, RACE. It explains the importance of contemplation in developing entrepreneurship among leaders, which would be crucial in attaining strategic agility that is needed for organizational sustainability. One of the difficulties in developing entrepreneurship is due to inability to breakthrough from social needs to self-esteem needs. RACE highlights that contemplation enable individuals to fulfill their self-esteem needs and move towards operating from superconscious mind which enables creativity. Creativity is the link between superconscious mind and universal energy. Through this link, individuals would be able to discover and recover novel ideas that will be beneficial for human kind and crucial for organizational sustainability.

Keywords: Theory; Entrepreneurship; Emergence; Contemplation; Creativity; Entrepreneurial; Strategic Agility (search for similar items in EconPapers)
JEL-codes: M13 (search for similar items in EconPapers)
Date: 2017
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.econjournals.com/index.php/irmm/article/download/3462/pdf (application/pdf)
http://www.econjournals.com/index.php/irmm/article/view/3462/pdf (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ3:2017-01-22

Access Statistics for this article

International Review of Management and Marketing is currently edited by Ilhan Ozturk

More articles in International Review of Management and Marketing from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().