Needed a Second Wave of Globalization: A Vital Strategic Posture for World Entrepreneurs
This article emphasizes the need for developing a strategic posture for small and proactive entrepreneurs to carry out the benefits of globalization to remote corners of the world which are generally neglected. These corners of the world are getting to be economically worse off as globalization
benefits a select group of super-rich and super-successful. To offset the negative impact of current top-down globalization, a bottom-up globalization must be generated. This second wave of globalization is a must if the world has a future. This second wave is based on local and entrepreneurial
small and medium size enterprises participating in global economic activity. This article proposes the development of a strategic posture for the entrepreneurial SMEs (small and medium size enterprises)..
Keywords: ECONOMIC DEVELOPMENT; GLOBALISATION; INTERNATIONAL ENTREPRENEURSHIP; QUALITY-OF-LIFE; UNDERDEVELOPED MARKETS
Document Type: Research Article
Publication date: 01 June 2006
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