Print ISSN: 2204-1990

Online ISSN: 1323-6903

Keywords : Business and Management


A Systematic Review of Entrepreneurial Family: Perspectives and Theoretical

MAHWISH JAMIL; AHMAD FIRDAUSE MD FADZIL; AMBER WAQAR; MOHD RAFI YAACOB

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 2, Pages 4858-4871
DOI: 10.47750/cibg.2021.27.02.505

The research on entrepreneurial family business is increasing from the last decades with different perspectives. The entrepreneurial family researches contributed different ways of conceptualizing the entrepreneurial family business based on highly complex literature reviews. Still, this field is emerging, and potential for further research to fill the gaps in different areas. The current research presented a systematic review based on the period of 2010 to 2020 for understanding family business content and theoretical perspective comprehensively. The study findings highlighted how entrepreneurial family business pursues through different conceptualization and theoretical perspectives. A plethora of study is found on family businesses worldwide based on organizational performance, business ownership, corporate governance, business succession and organizational culture. However, few studies corroborated theories to explain the entrepreneurial family business phenomenon. The theories discussed in this review are resource based view theory, agency theory, stewardship theory, multi and meso level theory and sociological theory for describing the entrepreneurial family business. Moreover, the future direction is also given in this study to fill the potential in this field.

Systematic Literature Review of Social Entrepreneurship Phenomenon: Perspectives and Theoretical Lenses

AMBER WAQAR; AHMAD FIRDAUSE MD FADZIL; MAHWISH JAMIL; MOHD RAFI YAACOB

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 2, Pages 5216-5229
DOI: 10.47750/cibg.2021.27.02.532

Social entrepreneurship (SE) is an emerging subject in the field of entrepreneurship research since previous years. However, there has been a significant increase in social entrepreneurship research based on multifaceted literature reviews. Still, this field required more research to mature the concept of social entrepreneurship studies with different dimensions. The established SE literature shows a lack of studies classifying this phenomenon through the theoretical and practical lenses. The current study fills the gap by studying practical and theoretical perspectives of social entrepreneurship. This study used a systematic review spanning 2010 to 2020 to understand social entrepreneurship conceptual and theoretical perspectives. Based on the study findings, poverty reduction, economic growth, social innovation, job creation, and social entrepreneurship orientation is the cluster of social entrepreneurship. This study also describes few theories that explained the social entrepreneurship phenomenon, e.g. social capital theory, institutional theory, economic innovation theory, complex and ecosystem theory, holistic theory of individual decision making, and behavioural entrepreneurship theory in different perspectives; despite these theories, a multidimensional theoretical perspective needs to be discussed to explain social entrepreneurship comprehensively. Moreover, future directions are also suggested in this study to fill the potential in this field.