How do family businesses adapt to the rapid pace of globalization? a bibliometric analysis

Wu, Hangyao; Zhang, Xu; Škare, Marinko

doi:10.1016/j.jbusres.2022.08.022

Cited by 18 publications

(6 citation statements)

References 76 publications

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“…For instance, Baltazar et al ( 2023 ) employed VOSviewer to explore current streams of research in the fields of innovation, succession, and family businesses. Wu et al ( 2022 ) conducted a co-citations and coupling analysis through VOSviewer in the field of family business and digitalization. Casado-Belmonte et al ( 2021 ) mapped family firms’ innovation through co-citations, and co-wording analysis using VOSviewer.…”

Section: Methodsmentioning

confidence: 99%

“…A few studies have mapped the research on family firms' innovation, such as Baltazar et al (2023) who systematically reviewed 32 articles and identified three domains involving the success and innovation processes in family firms: (a) the impact of succession on innovation; (b) succession and sharing of knowledge; and (c) obstacles to innovation. Using a bibliometric approach, Wu et al (2022) focused on the rapid phase of family firms in globalization and studied innovative measures in family firms during globalization. Innovation is a single dimension of entrepreneurship, and it does not necessarily encompass the entire issue of entrepreneurship in family businesses.…”

Section: Introductionmentioning

confidence: 99%

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Entrepreneurship in family firms: an updated bibliometric overview

2023

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Research on entrepreneurship in family firms has grown exponentially over the past two decades. Due to the various theoretical perspectives and contexts found here however, this body of research remains fragmented, with a unified understanding of the current state of knowledge and the opportunities for future research in the field continuing to lack. In this study, we address this gap by conducting an updated bibliometric analysis of the research on entrepreneurship in family firms. Here we integrate two different bibliometric methods to provide a more comprehensive picture of the field, unveiling its intellectual foundations and current research discourses and how these two are related. To do this, we first conduct a co-citation analysis clustering the intellectual foundations of the research on entrepreneurship in family firms. Second, a bibliographic coupling of recent publications from 2010 to 2021 provides a transparent structure of current research discourses. Third, analyzing which intellectual foundations are primarily cited in each current research stream unveils the dominant theoretical paradigms in the current state of research. Analyzing 570 published studies, we identified four intellectual foundations of entrepreneurship in family firms: socioemotional wealth (SEW), entrepreneurial orientation, family-embedded resources, and agency theory. The current research can be clustered into seven main discourses: entrepreneurial motivation, gender and success, entrepreneurial orientation, individual and firm-level characteristics, the family embedded network, family firm internationalization, and family heterogeneity. An integrative network diagram provides an overview of the research field’s development while also identifying the gaps to be addressed by future research.

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Section: Methodsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Entrepreneurship in family firms: an updated bibliometric overview

2023

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“…Change management, responsible for project management and control, setting metrics, etc., plays an important role in the integration management. According to several authors (Vuori et al, 2018;Angwin, Meadows, 2015;Rouzies and Colman, 2012;Colman and Lunnan, 2011;Koudri, 2010;Appelbaum et al, 2007;Slangen , 2006;Chatterjee et al, 1992), critical quality factors for post-transaction integration include integration of the corporate cultures of the participating entities, in which an important role is played by effective communication, clearly formulated goals, an adequate time frame, the commitment and support of top management, the competence of project managers and the project team (Wu et al, 2022;Wang et al, 2022), a flexible and comprehensive integration plan , integration of management systems, organization of education and management skills (Pan et al, 2022;Škare et al, 2022).…”

Section: Theoretical Framework and Hypothesis Developmentmentioning

confidence: 99%

Design and verification of implementation factors of cross-border mergers and acquisitions projects

Hečková¹,

Birknerová²,

Chapčáková³

et al. 2022

JESI

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The aim of the contribution is to identify the implementation factors influencing the successfulness of cross-border mergers and acquisitions projects extracted on the basis of an analysis of the opinions of managers of 244 companies (international corporations) based in 45 countries of the European Economic Area, which were the subject of a cross-border merger or acquisition. Another objective is to verify the original methodology labeled as "M&A Project Implementation Factors -M&APIF". Factor analysis of the obtained data (Principal Component Analysis and Varimax Rotation methods were used) enabled extraction of three key implementation factors influencing the successfulness of M&A project implementation: Prerequisites for project implementation, Elimination of project implementation risks, Cooperation of partners within project implementation. The paper also presents the basic parameters of the M&APIF methodology, i.e. Eigenvalues, the percentage of explained variance, Cronbach's alpha of the extracted factors and inter-correlations of the extracted factors.

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“…[8] To succeed in this global environment, organizations need to appreciate cultural differences, equip themselves with cross-cultural competence, and adapt their management practices to different cultural settings. [9] Additionally, innovation plays a crucial role in achieving economic progress and development in emerging market economies. Understanding West Science Interdisciplinary Studies  the causal relationship between competition and innovation is essential for these economies to thrive in the global marketplace [10].…”

Section: Introductionmentioning

confidence: 99%

Challenges and Opportunities in HRM Research in the Era of Globalization: A Bibliometric Analysis of the Effects of Cultural Diversity and Innovation in Organizations

Muktamar,

Wahdiniawat,

Fatmawati

et al. 2023

WSIS

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This bibliometric analysis explores the landscape of Human Resource Management (HRM) research in the context of globalization, cultural diversity, and innovation within organizations. Leveraging a comprehensive dataset comprising influential works, co-authorship patterns, and keyword frequencies, the study aims to uncover the prevailing themes, emerging trends, and collaborative networks in contemporary HRM literature. The analysis encompasses a broad spectrum of topics, ranging from diversity and globalization to sustainability and training. Key findings reveal an overarching emphasis on diversity and globalization, indicating a heightened awareness of the challenges and opportunities associated with managing diverse workforces in the globalized business environment. The study also identifies trends such as the evolving importance of sustainability and the recognition of training as a vital aspect of HRM practices. Co-authorship networks and influential works spotlight the collaborative nature of HRM research and the seminal contributions that have shaped the field. The findings contribute to a nuanced understanding of HRM's role in navigating the complexities of the globalized organizational landscape, shedding light on both the enduring themes and the evolving priorities in HRM scholarship.

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How do family businesses adapt to the rapid pace of globalization? a bibliometric analysis

Cited by 18 publications

References 76 publications

Entrepreneurship in family firms: an updated bibliometric overview

Entrepreneurship in family firms: an updated bibliometric overview

Design and verification of implementation factors of cross-border mergers and acquisitions projects

Challenges and Opportunities in HRM Research in the Era of Globalization: A Bibliometric Analysis of the Effects of Cultural Diversity and Innovation in Organizations

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