IDEAS home Printed from https://ideas.repec.org/a/rom/rmcimn/v22y2021i1p120-131.html
   My bibliography  Save this article

The Importance of Innovation in Entrepreneurship for Economic Growth and Development. A Bibliometric Analysis

Author

Listed:
  • Adriana DIMA

    (Bucharest University of Economic Studies, Romania)

Abstract

The evolution of entrepreneurship in recent years offers strong arguments regarding the role of entrepreneurial initiatives to stimulate economic growth and development and innovation has proven an essential tool for entrepreneurs. The objective of the current research is to present a bibliometric perspective of the relevant literature. The field structure is defined using bibliometric indicators, and the key trends in this area are mapped using the VOSviewer program. Over the period 2000–2020, a total of 958 papers were found in the Web of Science Core Collection database regarding the importance of innovation in entrepreneurship for economic growth and development. A careful review of the articles, conference papers, authors, institutions, and keywords is performed. Also, the co-occurrence of keywords and timeline review are presented. Finally, the paper provides relevant conclusions on the topic.

Suggested Citation

  • Adriana DIMA, 2021. "The Importance of Innovation in Entrepreneurship for Economic Growth and Development. A Bibliometric Analysis," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 22(1), pages 120-131, January.
  • Handle: RePEc:rom:rmcimn:v:22:y:2021:i:1:p:120-131
    as

    Download full text from publisher

    File URL: https://rmci.ase.ro/no22vol1/10.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Vallaster, Christine & Kraus, Sascha & Merigó Lindahl, José M. & Nielsen, Annika, 2019. "Ethics and entrepreneurship: A bibliometric study and literature review," Journal of Business Research, Elsevier, vol. 99(C), pages 226-237.
    2. Feng-Wen Chen & Long-Wang Fu & Kai Wang & Sang-Bing Tsai & Ching-Hsia Su, 2018. "The Influence of Entrepreneurship and Social Networks on Economic Growth—From a Sustainable Innovation Perspective," Sustainability, MDPI, vol. 10(7), pages 1-19, July.
    3. Paul Verdin & Koen Tackx, 2015. "Are you creating or capturing value? A dynamic framework for sustainable strategy," Working Papers CEB 15-002, ULB -- Universite Libre de Bruxelles.
    4. Shu, Rui & Ren, Shenggang & Zheng, Yi, 2018. "Building networks into discovery: The link between entrepreneur network capability and entrepreneurial opportunity discovery," Journal of Business Research, Elsevier, vol. 85(C), pages 197-208.
    5. Kibler, Ewald & Wincent, Joakim & Kautonen, Teemu & Cacciotti, Gabriella & Obschonka, Martin, 2019. "Can prosocial motivation harm entrepreneurs' subjective well-being?," Journal of Business Venturing, Elsevier, vol. 34(4), pages 608-624.
    6. Gaviria-Marin, Magaly & Merigó, José M. & Baier-Fuentes, Hugo, 2019. "Knowledge management: A global examination based on bibliometric analysis," Technological Forecasting and Social Change, Elsevier, vol. 140(C), pages 194-220.
    7. Erik Stam & Andrew Ven, 2021. "Entrepreneurial ecosystem elements," Small Business Economics, Springer, vol. 56(2), pages 809-832, February.
    8. Dhahri, Sabrine & Omri, Anis, 2018. "Entrepreneurship contribution to the three pillars of sustainable development: What does the evidence really say?," World Development, Elsevier, vol. 106(C), pages 64-77.
    9. Ana Alexandra GORA, 2019. "The Link Between Decision Making Process and Performance: A Bibliometric Analysis," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 4(2), pages 1-13, June.
    10. Thomas Clarke & Keun Lee (ed.), 2018. "Innovation in the Asia Pacific," Springer Books, Springer, number 978-981-10-5895-0, June.
    11. Catherine Elliott & Catherine Mavriplis & Hanan Anis, 2020. "An entrepreneurship education and peer mentoring program for women in STEM: mentors’ experiences and perceptions of entrepreneurial self-efficacy and intent," International Entrepreneurship and Management Journal, Springer, vol. 16(1), pages 43-67, March.
    12. Adi Eleonor TRIFU & Adriana GIRNEATA & Mãdãlina POTCOVARU, 2014. "Influence of Natural Factors upon the Organization Activities," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(4), pages 487-496, October.
    13. JinHyo Joseph Yun & DongKyu Won & KyungBae Park, 2018. "Entrepreneurial cyclical dynamics of open innovation," Journal of Evolutionary Economics, Springer, vol. 28(5), pages 1151-1174, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yasmin MOBASHER, 2022. "The Importance Of Implementing Integrated Information Systems In Hospitals," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(5), pages 5-21, October.
    2. Juan-José Nájera-Sánchez & Cristina Pérez-Pérez & Thais González-Torres, 2023. "Exploring the knowledge structure of entrepreneurship education and entrepreneurial intention," International Entrepreneurship and Management Journal, Springer, vol. 19(2), pages 563-597, June.
    3. Mahmoud Tarhini, 2022. "Consumption and Consumer Behaviour of Organic AGRI-FOOD Products," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 23(1), pages 136-149, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Quan-Hoang Vuong & Huyen Thanh T. Nguyen & Thanh-Hang Pham & Manh-Toan Ho & Minh-Hoang Nguyen, 2021. "Assessing the ideological homogeneity in entrepreneurial finance research by highly cited publications," Palgrave Communications, Palgrave Macmillan, vol. 8(1), pages 1-11, December.
    2. Guo-Hua Cao & Jing Zhang, 2021. "Is a sustainable loop of economy and entrepreneurial ecosystem possible? a structural perspective," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(5), pages 7002-7040, May.
    3. Nguyen, Minh-Hoang & Huyen, Nguyen Thanh Thanh & Pham, Thanh-Hang & Yen, Nguyen Thi Quynh & Vuong, Quan-Hoang, 2020. "On the 50-year research landscape of entrepreneurial finance: A sign of Western ideological homogeneity?," OSF Preprints qf62s, Center for Open Science.
    4. Tiberius, Victor & Siglow, Caroline & Sendra-García, Javier, 2020. "Scenarios in business and management: The current stock and research opportunities," Journal of Business Research, Elsevier, vol. 121(C), pages 235-242.
    5. Minh-Hoang Nguyen & Thanh-Hang Pham & Manh-Toan Ho & Huyen Thanh T. Nguyen & Quan-Hoang Vuong, 2021. "On the social and conceptual structure of the 50-year research landscape in entrepreneurial finance," SN Business & Economics, Springer, vol. 1(1), pages 1-29, January.
    6. Leslie E. Sekerka & Derek Stimel, 2024. "Ethics from the Start: Embracing Professional Moral Courage in Entrepreneurial Decision-Making," Business & Entrepreneurship Journal, SCIENPRESS Ltd, vol. 13(1), pages 1-1.
    7. Nguyen, Minh-Hoang & Pham, Thanh-Hang & Huyen, Nguyen Thanh Thanh & Ho, Manh-Toan & Vuong, Quan-Hoang, 2020. "Western ideological homogeneity in entrepreneurial finance research: Evidence from highly cited publications," OSF Preprints sk3e6, Center for Open Science.
    8. Aparisi Torrijo, Sofia & Ribes Giner, Gabriela, 2022. "Entrepreneurial leadership factors: a bibliometric analysis for the 2000-2020 period," Cuadernos de Gestión, Universidad del País Vasco - Instituto de Economía Aplicada a la Empresa (IEAE).
    9. Gloria Leonor Ortiz Morales & Juan Carlos Ramos Aguilar & Katherin Yineth Lozada Morales, 2022. "Culture as an obstacle for entrepreneurship," Journal of Innovation and Entrepreneurship, Springer, vol. 11(1), pages 1-14, December.
    10. Piñeiro-Chousa, Juan & López-Cabarcos, M. Ángeles & Romero-Castro, Noelia María & Pérez-Pico, Ada María, 2020. "Innovation, entrepreneurship and knowledge in the business scientific field: Mapping the research front," Journal of Business Research, Elsevier, vol. 115(C), pages 475-485.
    11. Spaniol, Matthew J. & Rowland, Nicholas J., 2022. "Business ecosystems and the view from the future: The use of corporate foresight by stakeholders of the Ro-Ro shipping ecosystem in the Baltic Sea Region," Technological Forecasting and Social Change, Elsevier, vol. 184(C).
    12. Anna Herzog, 2022. "Imaginaries, directionalities, agency and new path creation [Imaginaries, directionalities, Akteurshandeln und Pfadkreation]," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 42(3), pages 279-307, December.
    13. Nosheena Yasir & Nasir Mahmood & Hafiz Shakir Mehmood & Osama Rashid & An Liren, 2021. "The Integrated Role of Personal Values and Theory of Planned Behavior to Form a Sustainable Entrepreneurial Intention," Sustainability, MDPI, vol. 13(16), pages 1-21, August.
    14. Asante, Eric Adom & Affum-Osei, Emmanuel, 2019. "Entrepreneurship as a career choice: The impact of locus of control on aspiring entrepreneurs' opportunity recognition," Journal of Business Research, Elsevier, vol. 98(C), pages 227-235.
    15. Das, Kallol & Patel, Jayesh D. & Sharma, Anuj & Shukla, Yupal, 2023. "Creativity in marketing: Examining the intellectual structure using scientometric analysis and topic modeling," Journal of Business Research, Elsevier, vol. 154(C).
    16. Ye Jin Lee & Kwangsoo Shin & Eungdo Kim, 2019. "The Influence of a Firm’s Capability and Dyadic Relationship of the Knowledge Base on Ambidextrous Innovation in Biopharmaceutical M&As," Sustainability, MDPI, vol. 11(18), pages 1-17, September.
    17. Yosr Ben Tahar & Nada Rejeb & Adnane Maalaoui & Sascha Kraus & Paul Westhead & Paul Jones, 2023. "Emotional demands and entrepreneurial burnout: the role of autonomy and job satisfaction," Small Business Economics, Springer, vol. 61(2), pages 701-716, August.
    18. Christina Theodoraki & Alexis Catanzaro, 2022. "Widening the borders of entrepreneurial ecosystem through the international lens," The Journal of Technology Transfer, Springer, vol. 47(2), pages 383-406, April.
    19. Abdo KATAYA, 2021. "The Impact of Covid-19 Pandemic on International and Lebanese Tourism Indicators," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 5-13.
    20. Manchiraju, Srikant, 2020. "Psychometric evaluation of the Ryff’s Scale of psychological wellbeing in self-identified American entrepreneurs," Journal of Business Venturing Insights, Elsevier, vol. 14(C).

    More about this item

    Keywords

    co-occurrence; economic growth; economic development; entrepreneurship; innovation; keywords map; VOSviewer.;
    All these keywords.

    JEL classification:

    • C88 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Other Computer Software
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rom:rmcimn:v:22:y:2021:i:1:p:120-131. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marian Nastase (email available below). General contact details of provider: https://edirc.repec.org/data/mnasero.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.