Innovation and business research in Latin America: An overview

Innovation in Latin America is a challenge for achieving development. Several Latin American countries and businesses are attempting to increase innov ation and entrepreneurship but they face substantial challenges and difficulties. Institutional, governmental and business policies and practices need to be enhanced in order to increase such innovation. Increasing business research in Latin America and university-business partnerships is probably key in such endeavor. This special issue provides some evidence regarding these challenges at the company level, industry level, and country level. This issue also includes three cases showing Latin American company experiences with financial, marketing and new product innovations and market changes.     

Assessing contribution of research in business to practice

This editorial offers some thoughts on wider criteria of evaluation than journal and article impact metrics. The editorial suggests that the measurement of journal and article impact metrics simply confirms the status quo rather than the promotion of resonance between practice, research and theory. The editorial proposes a more holistic recognition of impact, influence and usefulness that elevates the importance of three further dimensions of application, context and involvement. The editorial considers the value of scientific research to business practitioners and students concluding that an ingenuous and on-going scheme of exchange between scholars and practitioners would lead to cross-fertilization of ideas and experience and enhance empathy, learning and understanding. The alternative pursuit of scientific “respectability” by scholars in the most myopic academic sense has become less and less useful to students as well as the business community leaving the suspicion of business schools obsessed with making money whilst pretending to pursue knowledge and produce future citizens to make the world a better place.     

Social entrepreneurship: Creating new business models to serve the poor

The term “social entrepreneurship” (SE) is used to refer to the rapidly growing number of organizations that have created models for efficiently catering to basic human needs that existing markets and institutions have failed to satisfy. Social entrepreneurship combines the resourcefulness of traditional entrepreneurship with a mission to change society. One social entrepreneur, Ibrahim Abouleish, recently received the “Alternative Nobel Prize” for his Sekem initiative; in 2004, e-Bay founder Jeff Skoll donated 4.4 million pounds to set up a social entrepreneurship research center; and many social entrepreneurs have mingled with their business counterparts at the World Economic Forum in Davos. Social entrepreneurship offers insights that may stimulate ideas for more socially acceptable and sustainable business strategies and organizational forms. Because it contributes directly to internationally recognized sustainable development (SD) goals, social entrepreneurship may also encourage established corporations to take on greater social responsibility.     

Retailing evolution research: Introduction to the special section on retailing research

Five articles were selected from studies presented at the Ninth Society for Marketing Advances Retailing Research Symposium. The following article introduces their themes and main findings, along with the process of selection.     

International business education: What we know and what we have yet to develop

International business education (IBE) scholarship is extensive and is continuously growing. Nevertheless, to date there is no systems perspective overview of the literature dedicated to this topic. Using latest advancements in scientometric analysis, this study structures and visualizes the entire IBE scholarship, which allows to identify gaps in research and propose a number of future research directions. Data extracted from 894 peer-reviewed documents made available through the Scopus database allows to map the scholarship across five identified research directions in IBE – IB, political economy environment, and education; student learning and experience; the lingua franca and communication; interrelationship of IBE and the ecosystem; and business school curricula and internationalization. The scholarship was also compared to the Academy of Management Learning and Education and to the Journal of International Business Studies together with the Journal of World Business journal scholarships to recommend further prospective directions for the future development of IBE.