IDEAS home Printed from https://ideas.repec.org/a/pal/palcom/v8y2021i1d10.1057_s41599-021-00788-9.html
   My bibliography  Save this article

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
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1057/s41599-021-00788-9
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1057/s41599-021-00788-9?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    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. Aria, Massimo & Cuccurullo, Corrado, 2017. "bibliometrix: An R-tool for comprehensive science mapping analysis," Journal of Informetrics, Elsevier, vol. 11(4), pages 959-975.
    3. Didier, Tatiana & Huneeus, Federico & Larrain, Mauricio & Schmukler, Sergio L., 2021. "Financing firms in hibernation during the COVID-19 pandemic," Journal of Financial Stability, Elsevier, vol. 53(C).
    4. Chen, Huaqi & Ho, Yuh-Shan, 2015. "Highly cited articles in biomass research: A bibliometric analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 49(C), pages 12-20.
    5. Quan-Hoang Vuong & Quang-Khiem Bui & Viet-Phuong La & Thu-Trang Vuong & Viet-Ha T. Nguyen & Manh-Toan Ho & Hong-Kong T. Nguyen & Manh-Tung Ho, 2018. "Cultural additivity: behavioural insights from the interaction of Confucianism, Buddhism and Taoism in folktales," Palgrave Communications, Palgrave Macmillan, vol. 4(1), pages 1-15, December.
    6. Minh-Hoang Nguyen & Manh-Tung Ho & Viet-Phuong La & Quynh-Yen Thi. Nguyen & Manh-Toan Ho & Thu-Trang Vuong & Tam-Tri Le & Manh-Cuong Nguyen & Quan-Hoang Vuong, 2020. "A Scientometric Study on Depression among University Students in East Asia: Research and System Insufficiencies?," Sustainability, MDPI, vol. 12(4), pages 1-25, February.
    7. Quan-Hoang Vuong & Manh-Tung Ho & Hong-Kong T. Nguyen & Thu-Trang Vuong & Trung Tran & Khanh-Linh Hoang & Thi-Hanh Vu & Phuong-Hanh Hoang & Minh-Hoang Nguyen & Manh-Toan Ho & Viet-Phuong La, 2020. "On how religions could accidentally incite lies and violence: folktales as a cultural transmitter," Palgrave Communications, Palgrave Macmillan, vol. 6(1), pages 1-13, December.
    8. Quan-Hoang Vuong & Manh-Tung Ho & Hong-Kong To Nguyen & Minh-Hoang Nguyen, 2019. "The trilemma of sustainable industrial growth: evidence from a piloting OECD’s Green city," Palgrave Communications, Palgrave Macmillan, vol. 5(1), pages 1-14, December.
    9. Quan-Hoang Vuong, 2020. "Reform retractions to make them more transparent," Nature, Nature, vol. 582(7811), pages 149-149, June.
    10. Turró, Andreu & Urbano, David & Peris-Ortiz, Marta, 2014. "Culture and innovation: The moderating effect of cultural values on corporate entrepreneurship," Technological Forecasting and Social Change, Elsevier, vol. 88(C), pages 360-369.
    11. Cumming, Douglas & Groh, Alexander Peter, 2018. "Entrepreneurial finance: Unifying themes and future directions," Journal of Corporate Finance, Elsevier, vol. 50(C), pages 538-555.
    12. Robert E. Carpenter & Bruce C. Petersen, 2002. "Is The Growth Of Small Firms Constrained By Internal Finance?," The Review of Economics and Statistics, MIT Press, vol. 84(2), pages 298-309, May.
    13. Barbosa, Fabiana G. & Schneck, Fabiana, 2015. "Characteristics of the top-cited papers in species distribution predictive models," Ecological Modelling, Elsevier, vol. 313(C), pages 77-83.
    14. James C. Hayton & Gerard George & Shaker A. Zahra, 2002. "National Culture and Entrepreneurship : A Review of Behavioral Research," Entrepreneurship Theory and Practice, , vol. 26(4), pages 33-52, July.
    15. Leonardo Reyes-Gonzalez & Claudia N. Gonzalez-Brambila & Francisco Veloso, 2016. "Using co-authorship and citation analysis to identify research groups: a new way to assess performance," Scientometrics, Springer;Akadémiai Kiadó, vol. 108(3), pages 1171-1191, September.
    16. Garry Bruton & David Ahlstrom & Steven Si, 2015. "Entrepreneurship, poverty, and Asia: Moving beyond subsistence entrepreneurship," Asia Pacific Journal of Management, Springer, vol. 32(1), pages 1-22, March.
    17. Lutz Bornmann & Hans-Dieter Daniel, 2009. "Reviewer and editor biases in journal peer review: an investigation of manuscript refereeing at Angewandte Chemie International Edition," Research Evaluation, Oxford University Press, vol. 18(4), pages 262-272, October.
    18. Andy Cosh & Douglas Cumming & Alan Hughes, 2009. "Outside Enterpreneurial Capital," Economic Journal, Royal Economic Society, vol. 119(540), pages 1494-1533, October.
    19. Mu-Hsuan Huang & Chi-Shiou Lin & Dar-Zen Chen, 2011. "Counting methods, country rank changes, and counting inflation in the assessment of national research productivity and impact," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 62(12), pages 2427-2436, December.
    20. Quan-Hoang Vuong & Nancy K. Napier, 2013. "Acculturation and Global Mindsponge," Working Papers CEB 13-053, ULB -- Universite Libre de Bruxelles.
    21. Xu, Xinhan & Chen, Xiangfeng & Jia, Fu & Brown, Steve & Gong, Yu & Xu, Yifan, 2018. "Supply chain finance: A systematic literature review and bibliometric analysis," International Journal of Production Economics, Elsevier, vol. 204(C), pages 160-173.
    22. Dalmeet Singh Chawla, 2018. "Huge peer-review study reveals lack of women and non-Westerners," Nature, Nature, vol. 561(7723), pages 295-296, September.
    23. Hui-Zhen Fu & Yuh-Shan Ho, 2016. "Highly cited Antarctic articles using Science Citation Index Expanded: a bibliometric analysis," Scientometrics, Springer;Akadémiai Kiadó, vol. 109(1), pages 337-357, October.
    24. Quan-Hoang Vuong, 2016. "Impacts of geographical locations and sociocultural traits on the Vietnamese entrepreneurship," Working Papers CEB 16-012, ULB -- Universite Libre de Bruxelles.
    25. Mu‐Hsuan Huang & Chi‐Shiou Lin & Dar‐Zen Chen, 2011. "Counting methods, country rank changes, and counting inflation in the assessment of national research productivity and impact," Journal of the American Society for Information Science and Technology, Association for Information Science & Technology, vol. 62(12), pages 2427-2436, December.
    26. Xinmin Zhang & Ronald C Estoque & Hualin Xie & Yuji Murayama & Manjula Ranagalage, 2019. "Bibliometric analysis of highly cited articles on ecosystem services," PLOS ONE, Public Library of Science, vol. 14(2), pages 1-16, February.
    27. 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.
    28. 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.
    29. Zhang, Dayong & Zhang, Zhiwei & Managi, Shunsuke, 2019. "A bibliometric analysis on green finance: Current status, development, and future directions," Finance Research Letters, Elsevier, vol. 29(C), pages 425-430.
    30. Pauline Mattsson & Carl Johan Sundberg & Patrice Laget, 2011. "Is correspondence reflected in the author position? A bibliometric study of the relation between corresponding author and byline position," Scientometrics, Springer;Akadémiai Kiadó, vol. 87(1), pages 99-105, April.
    31. Thanh-Hang Pham & Manh-Toan Ho & Thu-Trang Vuong & Manh-Cuong Nguyen & Quan-Hoang Vuong, 2020. "Entrepreneurial Finance: Insights from English Language Training Market in Vietnam," JRFM, MDPI, vol. 13(5), pages 1-23, May.
    32. Eggers, Fabian, 2020. "Masters of disasters? Challenges and opportunities for SMEs in times of crisis," Journal of Business Research, Elsevier, vol. 116(C), pages 199-208.
    33. Dag W Aksnes, 2003. "Characteristics of highly cited papers," Research Evaluation, Oxford University Press, vol. 12(3), pages 159-170, 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. Manh-Tung Ho & Ngoc-Thang B. Le & Hung-Long D. Tran & Quoc-Hung Nguyen & Manh-Ha Pham & Minh-Hoang Ly & Manh-Toan Ho & Minh-Hoang Nguyen & Quan-Hoang Vuong, 2021. "A Systematic and Critical Review on the Research Landscape of Finance in Vietnam from 2008 to 2020," JRFM, MDPI, vol. 14(5), pages 1-24, May.
    2. Peter Mantello & Manh-Tung Ho & Minh-Hoang Nguyen & Quan-Hoang Vuong, 2023. "Machines that feel: behavioral determinants of attitude towards affect recognition technology—upgrading technology acceptance theory with the mindsponge model," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-16, December.
    3. Le, Tam-Tri & Nguyen, Minh-Hoang, 2022. "A journey of SM3D: looking back at notable studies," OSF Preprints a8pju, Center for Open Science.
    4. 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.
    5. Nguyen, Minh-Hoang & Vuong, Quan-Hoang & Ho, Manh-Toan & Le, Tam-Tri, 2021. "Mindsponge mechanism," OSF Preprints zpvmk, Center for Open Science.
    6. 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.
    7. 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.
    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.
    9. Le, Tam-Tri & Nguyen, Minh-Hoang, 2022. "Serendipity-based decisions of choosing journals for publication," OSF Preprints 592sa, Center for Open Science.
    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.

    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. 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.
    2. 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.
    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. Nguyen, Minh-Hoang & Vuong, Quan-Hoang, 2020. "Evaluation of the Aichi Biodiversity Targets: The international collaboration trilemma in interdisciplinary research," OSF Preprints 84j76, Center for Open Science.
    5. Manh-Tung Ho & Ngoc-Thang B. Le & Hung-Long D. Tran & Quoc-Hung Nguyen & Manh-Ha Pham & Minh-Hoang Ly & Manh-Toan Ho & Minh-Hoang Nguyen & Quan-Hoang Vuong, 2021. "A Systematic and Critical Review on the Research Landscape of Finance in Vietnam from 2008 to 2020," JRFM, MDPI, vol. 14(5), pages 1-24, May.
    6. Thanh-Hang Pham & Manh-Toan Ho & Thu-Trang Vuong & Manh-Cuong Nguyen & Quan-Hoang Vuong, 2020. "Entrepreneurial Finance: Insights from English Language Training Market in Vietnam," JRFM, MDPI, vol. 13(5), pages 1-23, May.
    7. Vuong, Quan-Hoang & Huyen, Nguyen Thanh Thanh & Pham, Thanh-Hang & Phuong, Luong Anh & Nguyen, Minh-Hoang, 2020. "Mapping the intellectual and conceptual structure of research on gender issues in the family business: A bibliometric review," OSF Preprints jgnrw, Center for Open Science.
    8. Nguyen, Minh-Hoang, 2020. "A reflection before farewell to 2020 and heading to 2021," OSF Preprints g5nqe, Center for Open Science.
    9. Ho, Manh-Toan, 2021. "Cost of science: An early career researcher’s perspective," OSF Preprints 2fjev, Center for Open Science.
    10. Fu, Hui-Zhen & Ho, Yuh-Shan, 2013. "Independent research of China in Science Citation Index Expanded during 1980–2011," Journal of Informetrics, Elsevier, vol. 7(1), pages 210-222.
    11. 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.
    12. Manh-Tung Ho & Peter Mantello & Hong-Kong T. Nguyen & Quan-Hoang Vuong, 2021. "Affective computing scholarship and the rise of China: a view from 25 years of bibliometric data," Palgrave Communications, Palgrave Macmillan, vol. 8(1), pages 1-14, December.
    13. Nguyen, Minh-Hoang & Ho, Manh-Toan, 2021. "On the value of the mindsponge*bayesvl approach to researching humanities and social sciences phenomena," OSF Preprints yw673, Center for Open Science.
    14. Quan-Hoang Vuong & Tam-Tri Le & Viet-Phuong La & Huyen Thanh Thanh Nguyen & Manh-Toan Ho & Quy Khuc & Minh-Hoang Nguyen, 2022. "Covid-19 vaccines production and societal immunization under the serendipity-mindsponge-3D knowledge management theory and conceptual framework," Palgrave Communications, Palgrave Macmillan, vol. 9(1), pages 1-12, December.
    15. Nguyen, Minh-Hoang, 2021. "What are beyond Mindsponge?," OSF Preprints c6sdp, Center for Open Science.
    16. Quan‐Hoang Vuong & Viet‐Phuong La & Hong‐Kong T. Nguyen & Manh‐Tung Ho & Thu‐Trang Vuong & Manh‐Toan Ho, 2021. "Identifying the moral–practical gaps in corporate social responsibility missions of Vietnamese firms: An event‐based analysis of sustainability feasibility," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(1), pages 30-41, January.
    17. Cumming, Douglas & Deloof, Marc & Manigart, Sophie & Wright, Mike, 2019. "New directions in entrepreneurial finance," Journal of Banking & Finance, Elsevier, vol. 100(C), pages 252-260.
    18. Magnus Schückes & Tobias Gutmann, 2021. "Why do startups pursue initial coin offerings (ICOs)? The role of economic drivers and social identity on funding choice," Small Business Economics, Springer, vol. 57(2), pages 1027-1052, August.
    19. Vuong, Quan-Hoang & La, Viet-Phuong & Ho, Manh-Toan & Vuong, Thu-Trang & Hoang, Hanh Phuong, 2019. "What have Vietnamese scholars learned from researching entrepreneurship?: A systematic review," OSF Preprints uhwmn, Center for Open Science.
    20. Trung Tran & Manh-Toan Ho & Thanh-Hang Pham & Minh-Hoang Nguyen & Khanh-Linh P. Nguyen & Thu-Trang Vuong & Thanh-Huyen T. Nguyen & Thanh-Dung Nguyen & Thi-Linh Nguyen & Quy Khuc & Viet-Phuong La & Qua, 2020. "How Digital Natives Learn and Thrive in the Digital Age: Evidence from an Emerging Economy," Sustainability, MDPI, vol. 12(9), pages 1-24, May.

    More about this item

    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:pal:palcom:v:8:y:2021:i:1:d:10.1057_s41599-021-00788-9. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: https://www.nature.com/ .

    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.