Correction to: Transnational Entrepreneurship in South East Asia

Abstract

What motivates an individual to leave his/her home country to explore business opportunities? What experiences foster a global entrepreneurial mindset in the individual and can this mindset be taught? What are the implications of transnational entrepreneurship for education and future societies? At the time of writing, there is much change in the world, socially, economically and politically; indications of a shift in global politics to the far right, a migrant crisis in Europe, a renewed focus on Asia and emerging economies, border wall disputes in North America, increasing economic inequality in Europe, political unrest in South America, growing disillusionment with larger collaborative bodies such as the European Union and many individuals suffering from a sense of loss over their national identity and values. While these events are happening, some individuals remain steadfast in their home countries. They seek shelter from the global chaos and try to protect the society from changes associated with internationalization. Yet, others see this disruption as an opportunity for growth and development, embracing the chance to connect with their global neighbors. Individuals are now able to develop and self-manage an international career by taking advantage of the multitude of opportunities afforded to them by our increasingly interconnected world (Inkson and Arthur 2001). Whereby previously, international assignments were characterized by expatriate business people sent on low-risk international assignments to work at a subsidiary for a short, fixed period of time, recently, an increasing number of expatriates are seeking a more high-risk endeavor; establishing their own companies outside their home country minus the safety net of a parent company. Who does this? Why do they do it? How do they do it? The implications of this trend are far reaching, in terms of both the economy and society.