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Assessing the ideological homogeneity in entrepreneurial finance research by highly cited publications

Author

Listed:
  • Quan-Hoang Vuong

    (Phenikaa University)

  • Huyen Thanh T. Nguyen

    (Phenikaa University
    AISDL, Vuong and Associates)

  • Thanh-Hang Pham

    (School of Business, RMIT Vietnam University)

  • Manh-Toan Ho

    (Phenikaa University
    AISDL, Vuong and Associates)

  • Minh-Hoang Nguyen

    (Phenikaa University)

Abstract

Entrepreneurs play crucial roles in global sustainable development, but limited financial resources constrain their performance and survival rate. Despite the global presence of entrepreneurship, the literature of entrepreneurial finance is suspected to be Western ideologically homogenous. Thus, this study aims at examining this phenomenon by employing the mindsponge mechanism and bibliometric analyses. 412 highly cited publications extracted from the Web of Science database are analyzed to find Western ideological dominance and low tolerance towards heterogeneity in entrepreneurial finance’s core ideologies. The dominance and low tolerance are consistent across author level, institution level, and country level, revealing strong evidence for the existence of Western ideological homogeneity. We recommend editors, reviewers, and authors diversify research topics proactively and enhance knowledge exchange to avoid shortfalls of ideological homogeneity. Moreover, the synthesis of the mindsponge mechanism and bibliometric analyses are suggested as a possible way to evaluate the state of ideological diversity in other scientific disciplines.

Suggested Citation

  • 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.
    • Handle: RePEc:pal:palcom:v:8:y:2021:i:1:d:10.1057_s41599-021-00788-9
    DOI: 10.1057/s41599-021-00788-9
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    2. Le, Tam-Tri & Nguyen, Minh-Hoang, 2022. "A journey of SM3D: looking back at notable studies," OSF Preprints a8pju, Center for Open Science.
    3. Nguyen, Minh-Hoang, 2021. "Bốn trường đại học có tổng số công bố của các nhà khoa học vượt 1000," OSF Preprints nqgzu, Center for Open Science.
    4. Nguyen, Minh-Hoang & Vuong, Quan-Hoang & Ho, Manh-Toan & Le, Tam-Tri, 2021. "Mindsponge mechanism," OSF Preprints zpvmk, Center for Open Science.
    5. Jiawen Chen & Linlin Liu, 2023. "A historical perspective on informal institutional and international entrepreneurship," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-12, December.
    6. Nguyen, Minh-Hoang & La, Viet-Phuong & Ho, Manh-Toan & Huyen, Nguyen Thanh Thanh & Le, Tam-Tri, 2021. "Vuong Quan Hoang," OSF Preprints u7jms, Center for Open Science.
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    8. Nguyen, Minh-Hoang, 2021. "CTPPM (Context_Target_Problem_Pattern_Method): Procedure for framing and dealing with research problems," OSF Preprints 5cvrh, Center for Open Science.
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    10. Rengang Su & Ming Li & YinHai Fang & Chonghuai Yang, 2023. "Valuation method of intellectual property pledge financing based on income interval analysis and risk adjustment coefficient," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-10, December.

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