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Multidimensional Aspect of Corporate Entrepreneurship in Family Business and SMEs: A Systematic Literature Review

Author

Listed:
  • Indra Wahyudi

    (School of Business, IPB University, Bogor 16680, Indonesia)

  • Arif Imam Suroso

    (School of Business, IPB University, Bogor 16680, Indonesia)

  • Bustanul Arifin

    (Department of Agribusiness, Faculty of Agriculture, University of Lampung, Bandar Lampung 35141, Indonesia)

  • Rizal Syarief

    (School of Business, IPB University, Bogor 16680, Indonesia)

  • Meika Syahbana Rusli

    (Department of Agroindustrial Technology, Faculty of Agricultural Engineering and Technology, IPB University, Bogor 16680, Indonesia)

Abstract

This study aimed to review and analyze corporate entrepreneurship (CE) within family businesses and small and medium enterprises (SMEs), providing a review of the current state of research and suggesting a future research agenda. In a systematic literature review, 1040 articles indexed in Scopus were initially subjected to bibliometric and qualitative analysis. Finally, 53 papers published in various academic journals, focusing on corporate entrepreneurship, family businesses, and SMEs, were subjected to bibliometric analysis and qualitative research to identify the new potential state of the art in corporate entrepreneurship. CE in family businesses and SMEs is not a general research trend in the entrepreneurial area. This research shows that the literature on CE models and tools in family businesses and SMEs is still sparse. The review results correlate the actors of CE, behavior, and activities, including entrepreneurial orientation, entrepreneurial management, and entrepreneurial leadership and performance, as outcomes in family business and SMEs.

Suggested Citation

  • Indra Wahyudi & Arif Imam Suroso & Bustanul Arifin & Rizal Syarief & Meika Syahbana Rusli, 2021. "Multidimensional Aspect of Corporate Entrepreneurship in Family Business and SMEs: A Systematic Literature Review," Economies, MDPI, vol. 9(4), pages 1-17, October.
    • Handle: RePEc:gam:jecomi:v:9:y:2021:i:4:p:156-:d:660251
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    References listed on IDEAS

    as
    1. Michael Mustafa, 2015. "Providing organisational support for corporate entrepreneurship: evidence from a Malaysian family firm," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 25(4), pages 414-441.
    2. G. Marchisio & P. Mazzola & S. Sciascia & M. Miles & J. Astrachan, 2010. "Corporate venturing in family business: The effects on the family and its members," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 22(3-4), pages 349-377, May.
    3. John M. Stopford & Charles W. F. Baden‐Fuller, 1994. "Creating corporate entrepreneurship," Strategic Management Journal, Wiley Blackwell, vol. 15(7), pages 521-536, September.
    4. Etienne Ndemezo & Charles Kayitana, 2018. "Corporate Governance, Corporate Entrepreneurship and Firm Performance: Evidence from the Rwandese Manufacturing Industry," Indian Journal of Corporate Governance, , vol. 11(2), pages 103-121, December.
    5. Villalonga, Belen & Amit, Raphael, 2006. "How do family ownership, control and management affect firm value?," Journal of Financial Economics, Elsevier, vol. 80(2), pages 385-417, May.
    6. Zahra, Shaker A., 1991. "Predictors and financial outcomes of corporate entrepreneurship: An exploratory study," Journal of Business Venturing, Elsevier, vol. 6(4), pages 259-285, July.
    7. Yan Ling & Zeki Simsek & Michael Lubatkin & John F. Velga, 2008. "Transformational Leadership's Role in Promoting Corporate Entrepreneurship : Examining the CEO - TMT Interface," Post-Print hal-02276697, HAL.
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    Cited by:

    1. Maruli Sitompul & Arif Imam Suroso & Ujang Sumarwan & Nimmi Zulbainarni, 2023. "Revisiting the Impact of Corporate Carbon Management Strategies on Corporate Financial Performance: A Systematic Literature Review," Economies, MDPI, vol. 11(6), pages 1-21, June.
    2. Syamsari Syamsari & Muhammad Ramaditya & Irma Andriani & Ayu Puspitasari, 2022. "Selecting Priority Policy Strategies for Sustainability of Micro, Small, and Medium Enterprises in Takalar Regency," Sustainability, MDPI, vol. 14(23), pages 1-12, November.
    3. Yanan Li, 2022. "The Influence of Family Governance on the Value of Chinese Family Businesses: Signal Transmission Effect of Financial Performance," Economies, MDPI, vol. 10(3), pages 1-22, March.
    4. Katarína Novotná & Zuzana Lušňáková & Martina Hanová, 2022. "Aspects Affecting Growth of Family Businesses," Economies, MDPI, vol. 10(10), pages 1-11, October.
    5. Wu, Hangyao & Xu, Zeshui & Skare, Marinko, 2022. "How do family businesses adapt to the rapid pace of globalization? a bibliometric analysis," Journal of Business Research, Elsevier, vol. 153(C), pages 59-74.
    6. I. Wahyudi & A.I. Suroso & B. Arifin & M.S. Rusli & R. Syarief, 2024. "The effect of corporate entrepreneurship on firm performance: evidence from lubricant distributor firms in Indonesia," International Journal of Productivity and Quality Management, Inderscience Enterprises Ltd, vol. 41(2), pages 236-261.
    7. Hernández-Perlines, Felipe & Ariza-Montes, Antonio & Blanco-González-Tejero, Cristina, 2022. "Intrapreneurship research: A comprehensive literature review," Journal of Business Research, Elsevier, vol. 153(C), pages 428-444.

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