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Special Issues in Asia Pacific Journal of Management Institutions and Entrepreneurship in Emerging Economies Submission Deadline: November 1, 2017 SI Conference Date: June 20-21, 2018 SI Conference Venue: Nankai University, Tianjin, China Estimated Date of Publication: March 2019 Guest Editors: Sunny Li Sun, University of Massachusetts Lowell Weilei (Stone) Shi, City University of New York (CUNY) - Baruch College; Yuli Zhang, Nankai University; David Ahlstrom, Chinese University of Hong Kong. Consulting Editor: Mike W. Peng, University of Texas at Dallas Introduction Emerging economies have become a major engine of global economic growth (if measured by purchasing-power parity, the GDP of emerging economies overtook the GDP of developed economies as of 2013). Their institutional environments are quite different from that of developed countries. In particular, the formal institutional environment is underdeveloped— creating unevenly development (Ahlstrom & Bruton, 2010; Peng, 2003; Peng, Sun, Pinkham, & Chen, 2009) — suggesting a lack of institutional complementarity (Hall & Gingerich, 2009; Shi, Sun, & Peng, 2012) or institutional fragility (Shi, Sun, Yan, & Zhu, 2017). Its existence calls for a revision of existing theories of entrepreneurship and accounts for emergent phenomena (Bjřrnskov & Foss, 2016; Kim, Wennberg, & Croidieu, 2016; Meyer & Peng, 2016). Since an emerging economy perspective focuses on the challenge and opportunity of entrepreneurship activities in these institutionally less developed regions, it contributes a unique value proposition to the study of entrepreneurship research. We ask: how do the institutions in emerging economies change the entrepreneurial mechanisms and entrepreneurial behaviors? How does the entrepreneur reshape the institutions? Our goals are to develop an integrative body of emerging economies related knowledge for entrepreneurship research, encourage scholars to conduct relevant research and to inform practice. Given the multidisciplinary nature of entrepreneurship research, we invite manuscripts that are rooted in various areas including, but not limited to strategy, international business, economics, organizational behavior, sociology, psychology, finance, to name a few. We welcome humanism-related research, such as compassion, sustainability, and inclusive growth (Mair, Martí, & Ventresca, 2012; Tsui, 2013). Our call for research embraces theoretical and methodological pluralism. We welcome a cross-disciplinary approach and diversified methods (qualitative or quantitative), including comparative history analysis (Sarma & Sun, 2016; Vaara & Lamberg, 2016), case study, or multilevel designs (Kim et al., 2016) to enrich our understanding of the entrepreneurial concept, process, practice, and context. Topics The following research questions are examples of promising research directions for entrepreneurship scholars. Our call for research embraces theoretical and methodological pluralism. 1. Given many emerging economies are under institutional transition, what is the role of government policy in facilitating or constraining entrepreneurial activity? What is good/bad entrepreneurial capitalism(Ahlstrom, 2010; Baumol, Litan, & Schramm, 2007)? Take China for example, private entrepreneurs are driving the growth of China’s GDP and innovation. However, financing options are limited for them and the cost of financing is particularly high (Ding, Sun, & Au, 2014). Therefore, how government can create a favorable environment (or ecosystem) to advance this sector is increasingly becoming an important priority in designing policies. 2. How are entrepreneurs developing a unique strategy to cope with institutional void or fragility (Shi et al., 2017)? What kind of business model could accommodate the lack of institution or informal institution? For example, Shanda (China’s Internet entrepreneurship firm) has avoided the software piracy problem by developing highly popular multiplayer online role-playing games (Bhattacharya & Michael, 2008). While emerging markets experience a significant level of pro-market reform, the nature of these reforms differs widely in terms of scope and speed (Banalieva, Eddleston, & Zellweger, 2015; Sun, Peng, Lee, & Tan, 2015). Even within a single emerging economy, the rhythm of different reforms may differ or converge—creating institutional fragility (Shi et al., 2017). How do these reform characteristics affect entrepreneurial firms in terms of resource accumulation and capability development? 3. The institutional environment in emerging economies also shapes entrepreneurial practice. Do they develop a unique set of cognitive trait and decision-making modes to cope with this uncertainty? How are the new concepts in entrepreneurship like effectuation, bricolage, design thinking, and narrative thinking (Garud & Giuliani, 2013; Sarasvathy, 2001), or new practice of incubator, accelerator, and “lean start-up” applied in this kind of environment? How do family, angel investor, venture capitalist take different risk and develop different financing/governance structure to support new venture growth (Ding et al., 2014)? Do these economies build different entrepreneurial ecosystem (Autio & Thomas, 2014)? Are these constructs and measurements still reliable and valid in the emerging economies? 4. Growth and internationalization represent important challenges for entrepreneurial firms (Oviatt & McDougall, 2005). Some of the key issues involve how entrepreneurial firms pace themselves, how they synchronize their activity cycles with those of their partners, customers, suppliers, and other stakeholders (Sun & Im, 2015). Since different institutional environment differ in their treatment of time, it will be interesting to study how the pace, rhythm, sequence (Shi & Prescott, 2012), or opportunity co-creation (Sun & Im, 2015) of entrepreneurial activities in emerging economies are different from those from developed nations? How is the hybrid entrepreneurial organization form, such as non-profit organization (Mair et al., 2012), created or supported in this environment? What kind of challenge will be faced by social entrepreneurs? 5. The institutional environment in emerging economies may even create the behavioral paradox for entrepreneur, as the examples of innovation or imitation in value design, coping with government or coping with market, resource re-allocation or resource acquisition in venture growth, etc. Do they follow the similar cognitive framework to their peers in Western when exploring the opportunity? As the complexity, plurality, and competitiveness of environments grow, how do entrepreneurs simultaneously deal with multiple competing demands (for example, the expectation from government and market) and technology innovation? Furthermore, does the strategy to deal with behavioral paradox represent the unique cognitive resources/constraints in emerging economies? For example, India entrepreneur may tries “jugaad” or frugal innovation to overcome the resource constraints; other entrepreneurs may explore the new opportunity from the advanced mobile technology to rebuild the local fragile bank industry. How could entrepreneur leverage the locality and contingency? Submission Process November 1, 2017 - Manuscripts must be submitted during the window between September 1, 2017, and November 1, 2017, at the APJM manuscript submission site https://www.editorialmanager.com/apjm/default.aspx. Please follow the author guideline when submit the manuscript (http://www.springer.com/business+%26+management/journal/10490 ). Some papers could be desk rejected if the guest editor believes them do not meet the theme of the special issue. Other submissions will go through APJM’s double-blind review process and follow the standard norms and processes. February 1, 2018 - Author are notified of first round review decision. June 20-21, 2018 – APJM SI Entrepreneurship Conference in Nankai University, Tianjian, China. Authors of each paper are encouraged to present at the conference. But conference participation is not a guarantee or a condition for publication. July 1, 2018 –first revisions due. ____ AIB-L is brought to you by the Academy of International Business. For information: http://aib.msu.edu/community/aib-l.asp To post message: [log in to unmask] For assistance: [log in to unmask] AIB-L is a moderated list.