Sascha Fürst
Entrepreneurship Global Business
Research Professor in Innovation & Entrepreneurship
"Life is like riding a bicycle. To keep your balance, you must keep moving". (Albert Einstein)

Dr. Sascha Fürst is a Research Professor of Entrepreneurship and Technological Innovation at EGADE Business School and Leader of the Thematic Area Research Group (GAT) in Entrepreneurship and Innovation at the Tecnológico de Monterrey.

Dr. Sascha is affiliated with the Turku School of Economics at the University of Turku in Finland as a research fellow in international entrepreneurship. He is also visiting professor at Eberhard Karls Universität Tübingen in Germany where he teaches business in the Latin American context.

Dr. Fuerts earned a PhD with distinction in International Business from the University of Turku and holds a Master of Science in Business and Engineering from the Technische Universität Kaiserslautern in Germany.

His research interests are focused on the junction between entrepreneurship, strategy, and international business.


    PhD. in Economics and Business Administration with distinction in International Business
    University of Turku, Finland

    M.Sc. in Business Administration and Mechanical Engineering
    Technische Universität Kaiserslautern, Germany.


Best Reviewer award by Elsevier, Journal of World Business, May 2019.


"Summa Cum Laude" ("Laudatur" in the Finnish academic grading system): The thesis makes an outstanding contribution to the knowledge in its field. PhD in Economics and Business Administration, major in International Business, University of Turku (Finland), December 2017.
Thesis title: Entrepreneurial internationalization: A process perspective.


Merit Medal of Honor for his contributions to the internationalization of the School of Management, Universidad EAFIT (Medellín, Colombia), 2009.


Fellowship UNCTAD (United Nations Conference on Trade and Development), Geneva, Switzerland, February 2009.


Portfolio Awards. Nominated Best university professor by the Colombian business magazine Portafolio, 2007.

  1. Fürst, S. (2021). The network dynamics during internationalization of a family firm: The case of a new venture from Colombia. In  T. Leppäaho & S. Jack (Eds.), The Palgrave Handbook of Family Firm Internationalization, (pp. 395-430). London: Palgrave Macmillan.
  2. Fürst, Sascha & Torkkeli, Lasse (2019). The rise and fall of an international new venture: The case of an online medical tourism platform. In P. Reyes-Mercado & G. J. Larios-Hernández (Eds.), Reverse Entrepreneurship in Latin America: Internationalization from Emerging Markets to Developed Economies, (pp. 7-27). London: Palgrave Macmillan.
  3. Escandon-Barbosa, D., Rialp-Criado, J., Fürst, S., Rodriguez-Orejuela, A., & Castro-Aristizabal, G. (2019). Born global: the influence of international orientation on export performance. Heliyon, 5(11), e02688, 1-12.
  4. Giraldo-Diaz, Jorge Mario & Fürst, Sascha (2019). Shipstra: The lean start-up of a digital freight-forwarding marketplace. Global Business and Organizational Excellence, 38(5), 6-17.
  5. Torkkeli, Lasse & Fürst, Sascha (2018). Country institutional profiles: Evidence from Colombian software exporters. Academia Revista Latinoamericana de Administración, 31(4), 663-678.
  6. Zettinig, Peter, Sandberg, Birgitta, & Fürst, Sascha (2017). Value creation during different development stages: What changes when an entrepreneurial firm transforms into a multinational corporation? In Svetla Marinova, Jorma Larimo, Niina Nummela (Eds.), Value creation in international business: Volume 2: An SME perspective, (pp. 109-129). London: Palgrave Macmillan. DOI: 10.1007/978-3-319-39369-8
  7. Fürst, Sascha & Zettinig, Peter (2015). Knowledge creation dynamics within the international new venture. European Business Review, 27(2), 182-213.