Cosmopolitanism and transnational elite entrepreneurial practices

Abstract

PurposeThe paper aims to focus on the role that cosmopolitanism and, in particular, “the cosmopolitan disposition” (Woodwardet al., 2008) plays in the process of entrepreneurial business by transnational business elites in Dubai.Design/methodology/approachAdopting a relational perspective based on Bourdieu and Wacquant’s (1992)Reflexive Sociology, as well as an inductive design, the authors conducted 30 semi-structured interviews focusing on both expatriates and Emiratis (locals/nationals) who displayed key features of a transnational business elite.FindingsThe findings indicate that the cosmopolitan disposition is an asset for transnational business elites when they venture in the context of Dubai.Research limitations/implicationsThe findings would have to be further replicated in similar contexts, i.e. other major cities displaying similar cosmopolitan features with Dubai. A theoretical framework that calls for further study of transnational entrepreneurship via the lens of cosmopolitan disposition and Bourdieuan “habitus” is proposed.Practical implicationsThe research outlines cosmopolitan skills for a transnational business elite which are required when entrepreneurial ventures are developed in the context of a city like Dubai.Social implicationsCosmopolitanism and transnational entrepreneurship change cities like Dubai around the world constantly. Therefore, this study aims at achieving a better understanding of these changes and the ways in which they occur.Originality/valueStudies on transnational entrepreneurship have already adopted Bourdieu’s theory (1977/1986), but this is the first time the cosmopolitan perspective and disposition is researched using this approach.