A New Paradigm of Entrepreneurship vis-Ã -vis Liberalization and Globalization

S. Devi and C. Thangamuthu
Additional contact information
C. Thangamuthu: S. Devi is Ph. D. scholar and C. Thangamuthu is Vice-Chancellor at the Bharathidasan University, Tamil Nadu, India. E-mail: subramaniandevi@yahoo.co.in; c_thangamuthu@yahoo.com

Global Business Review, 2006, vol. 7, issue 2, 259-269

Abstract: The ‘entrepreneur’ deserves to be re-conceptualized in view of the emerging trends associated with liberalization and globalization. What we have discussed in this article are pointers to an emerging paradigm shift in the concept of entrepreneurship in consonance with the different challenges/opportunities of globalization and liberalization. An eclectic paradigm, psychic pressure of potential competition (contestable market) at the global level, the issues in getting rid of path dependency, particularly of the backlog of licence/control regime, the aspects of getting to play ‘strategically’ with big competitors such as multi-national corporations (MNCs) (through collaborations) and, above all, the market character meshed up in the ‘institutional’ parameters that condition entrepreneurial efficiency are some of the constituent elements that need to be incorporated in the newer concept of entrepreneurship.

Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/097215090600700205 (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:sae:globus:v:7:y:2006:i:2:p:259-269

DOI: 10.1177/097215090600700205

Access Statistics for this article

More articles in Global Business Review from International Management Institute
Bibliographic data for series maintained by SAGE Publications ().