International business in an era of anti-globalization

Abstract

Purpose The apparent onset of an era of anti-globalization creates significant challenges for international business (IB) practice, research and education. This paper aims to discuss the implication of these challenges for IB scholarship. Design/methodology/approach This essay assesses the needs for research in IB in view of the challenges posed by the anti-globalization movement. Findings The author identifies and analyzes two sets of concerns of the anti-globalization movement: the unequal distribution of the benefits of globalization and emergent constraints on national sovereignty. On that basis, he offers suggestions on how international business scholars may contribute to addressing these challenges through research, teaching and public engagement. Practical implications Businesses need to understand the economic and institutional arguments motivating the anti-globalization movement and to address them within their scope of activity. Social implications Globalization benefits societies, in general, but some groups do not benefit unless specific remedial action is taken. If these groups are not supported, they can cause political disruption to IB and, hence, economic prosperity. Originality/value This paper offers a pathway for IB scholars to contribute to discourses on globalization and anti-globalization.