Entrepreneurship in the Global Context
Entrepreneurship in the Global Context

Summary/Abstract: Entrepreneurship is on one hand a fast-growing research field, and on the other hand a complex and multidimensional phenomenon (Fayolle, 2014; Welter, 2011; Żur & Ur-baniec, 2016), as it concerns not only actions of individuals, but also activities within the organizations or systems. Recent literature highlights that entrepreneurship is a context-based phenomenon (Zahra & Wright, 2011; Welter, 2011). And thus research on entre-preneurship has moved from the focus of the individual entrepreneurs and their challeng-es to a broader understanding of the context in which entrepreneurship is embedded. Context can be considered in different ways and with diverse dimensions, e.g. institutional, market, industry, spatial, social (Zahra & Wright, 2011). This thematic issue focusing on Entrepreneurship in the Global Context is a next step in the development of Entrepreneurial Business and Economics Review. The global context of entrepreneurship is an expansion of prior thematic issues referring to international entrepreneurship.Current developments in the theory of entrepreneurship point to international en-trepreneurship as one of important potential factors contributing to the intensification of the global processes of internationalization of the firm. The advantages of globalization are particularly noticeable in technology and service industries, where the output crosses borders with fewer barriers than in the production industry (Mascitelli, 1999). The increas-ing globalization of the economy creates the possibility of rapid internationalization and is a key driver of entrepreneurial activities. Researchers agree that entrepreneurs have an opportunity to interact with a global world more than ever before. Firms are gaining new knowledge and experience, which decreases risk and increases commitment to new mar-kets (Wach, 2015).

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