Sustainable International Business Smart Strategies for Business and Society

This is a unique book that adopts a global approach to studying international business. It stimulates research and rethinking among scholars and practitioners to understand how businesses operate internationally into lucrative markets, and their role in sustainable business growth, glocal value creation, and economic development. It provides insights into how international firms, entrepreneurs, family businesses, and other stakeholders balance the act of value creation and conducting sustainable and ethical business. The book covers economic, social, and environmental dimensions of sustainability such as poverty alleviation through FDI and remittances, diversity and inclusion in management, and ethical governance to value creation for stakeholders and profit maximization through sustainable firm growth, entrepreneurial initiatives, and sustainable business models. It addresses capacity building and the grand challenges that international business needs to develop solutions for. The chapters offer multiple types of contributions including conceptual and theoretical works, literature reviews, and empirical (qualitative and quantitative) studies. The authors, and the topics included, provide a wide international representation and illustrate multi-layered sustainable business perspectives that cover developing, emerging, and developed country contexts as well as multiple directions of international business flows.

Pratik Arte is an Assistant Professor of International Business at Northumbria University. His research examines the interplay between market dynamics and ownership advantages of firms, with a specific focus on sustainable firm growth through internationalization and divestment and its impact on value creation and economic development.

Yi Wang is an Assistant Professor of International Business and Entrepreneurship at the University of Southern Denmark. His research areas comprise IB entry strategy and post-entry survival and growth in emerging markets, internationalization from China, environmental innovation, and industry 4.0.

Maria Elo is an Associate Professor of International Business and Entrepreneurship at the University of Southern Denmark and a Professor at BRIIB Institute, Shanghai University (China). She is affiliated with several universities and institutes. Her research focuses on sustainable international migration, diaspora, transnational entrepreneurship, capacity building, and international business.

Salla Laasonen works as an Academic Director at DTU Executive Education, DTU Technical University of Denmark. She is an expert on sustainability, stakeholder engagement, and cross-sector partnerships, specializing in scientific research methods, particularly qualitative analysis. With over 15 years of teaching experience at bachelor, master's, PhD, and MBA levels, she is passionate about inspiring education, global sustainability, and societal impact.