Research trend exploring of the performance of international business and Entrepreneurial Ecosystems (Bibliometric Analysis)

Document Type : Research Paper

Authors

1 ,Candidate in Entrepreneurship, Caspian International Campus University of Tehran

2 New Business Department, Faculty of Entrepreneurship, University of Tehran, Tehran, Iran

3 Associate Professor in University of Tehran

4 Assistant Professor in University of Tehran

10.22034/jtd.2025.2037297.1952
Abstract
Entrepreneurial ecosystems, innovation and entrepreneurship empowerment (Mago, 2023) by multiple stakeholders, several institutions (Ferreira, 2023) and the interaction of venture capitalists, anchors, government, universities, research entities within a region (Bonomi, 2023), with an evolutionary approach and collective innovation goal (Chaudhary, 2024) are formed and relate to different levels of analysis macro (agents) and meso (different partners) level variables positively impact international performance (Ferreira, et al., 2023).). The purpose of the research is in descriptive analytical study by comprehensive bibliometric analysis of 685 scholarly articles on entrepreneurship ecosystem and international performance published in the Scopus database from 2016 to 2024 by VOSviewer, which is a social network analysis software, to giving the innovative approach in this field of research (article) to receive a summary of research in the field, get an overview and improve understanding. According to the present study, in recent years, many scientists around the world have attracted the dynamic of entrepreneurial ecosystem and its impact on business performance. Dynamics of entrepreneurial ecosystems foster sustainable development (Audretsch, et al., 2024), so the government's attention to one or more elements of the ecosystem instead of paying attention to many elements at the same time (Mohammadkazemi, et al., 1400), can mislead the government's efforts in relation to by creating a suitable platform for the act of international companies This study examines the role of entrepreneurial ecosystems and its elements in improving the international performance of business.

Keywords

Subjects

Alvedalen, J., Boschma, R. (2017). A critical review of entrepreneurial ecosystems research: Towards a future research    agenda. European Planning Studies, 25(6), 887–903.
            Doi:10.1080/09654313.2017.1299694
Audretsch, D.B., Rocha, H., Aggarwal, S., Bramanti, A. (2024). Do entrepreneurial ecosystems foster sustainable development? International Entrepreneurship and Management Journal, 20(1), 1–37. https://doi.org/10.1007/s11365-023-00916-8
Audretsch, D. B., Belitski, M., Guerrero, M. (2023). Sustainable orientation management and institutional quality: Looking into European entrepreneurial innovation ecosystems.Technovation, 124, 102742.
           https://doi.org/10.1016/j.
Autio, E., Levie, J. (2017). Chapter 19: Management of Entrepreneurial Ecosystems. In Book: The Wiley Handbook of Entrepreneurship, 423-449.
           https://doi.org/10.1002/9781118970812.ch19
Battisti, E., Nirino, N., Leonidou, E., Thrassou, A. (2022). Corporate venture capital and CSR performance: An extended resource based view’s perspective. Journal of Business Research. 139, 1058-1066.
           https://doi.org/10.1016/j.jbusres.2021.10.054
Benitez, J., Henseler, J., Castillo, A., Schuberth, F. (2020). How to perform and report an impactful analysis using partial least squares: Guidelines for confirmatory and explanatory IS research. Information & Management, 57(2), 103168.
           DOI:10.1016/j.im.2019.05.003
Berghman, L.; Mattyssens, P., Vandenbempt, K. (2006). Building competences for new customer value creation: an exploratory study. Industrial Marketing Management, 35, 961–973. https://doi.org/10.1016/j.indmarman.2006.04.006
Bichler, B. F., Kallmuenzer, A., Peters, M., Petry, T., & Clauss, T. (2022). Regional entrepreneurial ecosystems: How family firm embeddedness triggers ecosystem development. Review of Managerial Science, 16(1), 15–44. https://doi.org/10.1007/s11846-020-00434-9
Biru, A., Gilbert, D., Arenius, P. (2020). Unhelpful help: The state of support programmes and the dynamics of entrepreneurship ecosystems in Ethiopia. Entrepreneurship & Reginal Development, 32, 1-23.
            https://doi.org/10.1080/08985626.2020.1734267  
Bonomi Santos, J., Fernandes, A.R., de Oliveira, P.T., Maia, L.M., Partyka, R.B. (2023).  Increasing entrepreneurial ecosystem-level outcomes through orchestration: A proposed framework. Technovation Journal, 128, 102873.
Brown, R.; Mawson, S.; Rocha, A., (2023) Places are not like people: The perils of anthropomorphism within entrepreneurial ecosystems research, Regional Studies, 57(2), 384396.
Cavallo, A., Ghezzi, A., Baloco, R., (2019). Entrepreneurial ecosystem research: present debates and future directions. Int. Enterpren. Manag. J. 15 (4), 1291–1321.
           Doi:10.1007/s11365-018-0526-3
Chaudhary, S., Kaur, P., Ferraris, A., Bresciani, S., Dhir, A. (2024). Connecting entrepreneurial ecosystem and innovation. Grasping at straws or hitting a home run? Technovation Journal. Volume 130, 102942. https://doi.org/10.1016/j.technovation.2023.102942
Chetty, S., Martín Martín, O., Bai, W. (2024). Causal foreign market selection and effectual entry decision-making: The mediating role of collaboration to enhance international performance. Journal of Business Research, 172, 114385.
Chilita, J. G., (2024). The Entrepreneurial Ecosystem, the Approach to Developing High Growth Oriented Enterprises. International Journal of Economics, Commerce, and Management, 1(3).
           DOI: https://doi.org/10.62951/ijecm.v1i3.118
Clevenger, M.R., Fortunato, M., Okrepkie, K.G., Eppler, L.S. (2024). Book: Entrepreneurial communities & Ecosystems, Chapter 7: Beyond Bureaucracies & Bourgeoisie of Reginal, State and National Economic Development. C. 7,. 243-267. ISBN 9781032225852 Published by Routledge, taylorfrancis.com.
            Doi: 10.4324/9781351045711-7
Colombelli, A., Paolucci, E., Ughetto, E. (2019). Hierarchical and relational governance and the life cycle of entrepreneurial ecosystems. Small Business Economics, 52(2), 505–521.
            DOI:10.1007/s11187-017-9957-4
Eckardt, R., B. C. Skaggs, and D. P. Lepak. (2018). An Examination of the Firm-Level Performance Impact of Cluster Hiring in Knowledge-Intensive Firms. Academy of Management Journal, 61 (3), 919–944.
Ferreira, J.J.M. & Fernandes, C.I. & Veiga, P.M. (2023). The role of entrepreneurial ecosystems in the SMEs Internationalization. Journal of Business research, 157, 113603, 2023.  https://doi.org/10.1016/j.jbusres.2022.113603
Fernandes, C., Ferreira, J., Lobo, C., & Raposo, M. (2020). The impact of market orientation on the internationalisation of SMEs. Review of International Business and Strategy. 30(1), 123–143.
            Doi: 10.1108/ribs-09-2019-0120
Fredin, S., Lide'n, A. (2020). Entrepreneurial ecosystems: Towards a systemic approach to entrepreneurship? Geografisk Tidsskrift- Danish Journal of Geography, 120, 87–97.
Greve, A., Salaff, J. (2003). Social networks and entrepreneurship. Entrepreneurship Theory and Practice, 28(1), 1–22.
            DOI: 10.1111/1540-8520.00029
Harima, A., Harima, J., Freiling, J. (2024). Ecosystem Orchestration: Unpacking the Leadership Capabilities of Anchor Organizations in Nascent Entrepreneurial Ecosystems. Entrepreneurship Theory and Practice, 1–46.
            DOI: 10.1177/10422587241241824
Hernandez-Chea, R., Mahdad, M., Minh, T. T., Hjorts, C. N. (2021). Moving beyond intermediation: How intermediary organizations shape collaboration dynamics in entrepreneurial ecosystems. Technovation Journal, 108, 102332.
Isabelle, Diane A. (2023).  A topic modelling based bibliometric exploration of international business research. International Journal of Bibliometrics in Business and Management, 2(4), 283-307.
           Doi:10.1504/IJBBM.2023.137590
Johnson, D., Gianiodis, P., Harrison, R., Bock, A. (2022). From laboratory to clinic: Science commercialization within university-centered entrepreneurial ecosystems. R&D Management.online first.
            https://doi.org/10.1111/radm.12535
Kahle, J. H., Marcon, ´E., Ghezzi, A., Frank, A. G. (2020). Smart Products value creation in SMEs innovation ecosystems. Technological Forecasting and Social Change, 156(1), 120024.
           DOI:10.1016/j.techfore.2020.120024
Kang, Q., Li, H., Cheng, Y., Kraus, S. (2021). Entrepreneurial Ecosystems: Analysing the Status Quo. Knowledge Management Research & Practice, 16(1), 8-20.
           DOI:10.1080/14778238.2019.1701964
Kazemipour, A., Akbari Yazdi, H., MohammadKazemi, R., Elahi, A.(2022). Internationalization of Iran football Clubs’ Brand.Sport Management Studies. 14(71), 303-338.V.
Lux, A.A.Macau, F.R. and Brown, K.A. (2020), "Putting the entrepreneur back into entrepreneurial ecosystems", International Journal of Entrepreneurial Behavior & Research, 26(5), 1011-1041.
 Mago, S., Merew S. V. D., (2023). Exploring Entrepreneurial Ecosystems in Developed Countries: A Systematic Review. Journal SAGE Open, 13(4)- journals.sagepub.com/home/sgo, 1–27.
           DOI: 10.1177/21582440231217886
Marquardt, L., Harima, A. (2024). Digital boundary spanning in the evolution of entrepreneurial ecosystems: A dynamic capabilities perspective   Journal of Business Research, 182, 114762.
Mitra, J. (2019): Entrepreneurship, innovation regional development: an introduction. [Book], 518 Pages. ISBN 9781138685628 Published by Routledge, taylorfrancis.com.
Mohammadkazemi, R. and Gholizadeh, S. (2022). International entrepreneurial opportunity: A systematic review, meta-synthesis, and future research agenda. Journal of International Entrepreneurship. Published: Vol. 20, Iss. 2, 218-254.
            https:// doi.org/ 10. 1007/ s10843- 021- 00306-7
Nambisan, S., Zahra, S. A., Lou, Y. (2019). Global Platform & ecosystem: Implications for international business theories. Journal of International Business Studies, 50(9), 1464-1486.
           DOI:10.1057/s41267-019-00262-4
Nicotra, M., Del Giudice, M., Romano. M. (2017). Entrepreneurial performance of principal investigators and country culture: relations and influences. The Journal of Technology Transfer, 42, 320-337.
            Doi: 10.1007/s10961-016-9499-y
O’Kane, C., Cunningham, J. A., Menter, M., Walton, S. (2021). The brokering role of technology transfer ofces within entrepreneurial ecosystems: An investigation of macro–meso–micro factors. The Journal of Technology Transfer, 46, 1814–1844.
            DOI:10.1007/s10961-020-09829-y
Owen-Smith, J., Powell, W. (2004). Knowledge networks as channels and conduits: The effects of spillovers in the Boston biotechnology community. Organization Science, 15(1), 5–21
Pobee, F., Mphela, T. (2021). An analysis of the entrepreneurial ecosystem of Malawi: The global entrepreneurship index (GEI) approach. Journal of Development and Communication Studies, 8(1): 224-238.   
           DOI:10.4314/jdcs.v8i1.11
Prokop, D., Thompson, P, (2023). Defining networks in entrepreneurial ecosystems: the openness of ecosystems. Small Business Economics, 61(2), 517–538.
            https://doi.org/10.1007/s11187-022-00710-w
Prokop, D. (2021). University entrepreneurial ecosystems and spinoff companies: Configurations, developments and outcomes. Technovation Journal. 107, 102286.
Raposo, M., Fernandes, C., Veiga, P. (2021). We dreamed a dream that entrepreneurial ecosystems can promote sustainability. Management of Environmental Quality.
            https://doi.org/10.1108/MEQ-01-2021-0010
Ratten, V., (2020). Coronavirus and international business: An entrepreneurial ecosystem perspective. Wiley, Thunderbird International Business Review, 62(3), 629–634.
Schäfer, S, Fischer, B., Rücker Schaeffer, P., Balestrin, A. (2024). Beyond local boundaries: Unraveling the spatiality of entrepreneurial ecosystems. Journal of Business Venturing Insights, 22, e00478.
Schwens, C., Zapkau, F. B., Bierwerth, M., Isidor, R., Knight, G., Kabst, R. (2018). International entrepreneurship: A meta-analysis on the internationalization and performance relationship. Entrepreneurship Theory and Practice, 42(5), 734–768.
Siqueira, E.H.S., Fischer, B.B., Bin, A., Kickul, J. (2023). Entrepreneurial ecosystems’ readiness towards knowledge-intensive sustainable entrepreneurship: Evidence from Brazil.  Technovation Journal, 126, 102820.
Spigel, B. (2017) .The Relational Organization of Entrepreneurial Ecosystems. Entrepreneurship Theory and Practice, 41(1), 49-72.
Spigel, B., and Harrison, R. T. (2018). “Towards a Process Theory of Entrepreneurial Ecosystems”. Strategic Entrepreneurship Journal, 12 (1), 151–168.
Spigel, B., Vinodrai, T. (2021). Meeting its Waterloo? Recycling in entrepreneurial ecosystems after anchor firm collapse. Entrepreneurship & Regional Development, 599-620.
https://doi.org/10.1080/08985626.2020.1734262
Tabas, A. M., Natti, S., Komulainen, H. (2023). Orchestrating in the entrepreneurial ecosystemorchestrator roles and role-specific capabilities in the regional health technology ecosystem. Journal of Business and Industrial Marketing, 38(1), 223234.
Theodoraki, C., Messeghem, K., Rice, M. P. (2018). A social capital approach to the development of sustainable entrepreneurial ecosystems: An explorative study. Small Business Economics, 51(1), 153–170.
DOI: 10.1007/s11187-017-9924-0
Theodoraki, C., Catanzaro, A. (2022). Widening the borders of entrpreneurial ecosystem through the international lens. The Journal of Technology Transfer, 47(2), 383–406.
Walsh, K., Nelles, J. (2023). Recycling in entrepreneurial ecosystems: The phenomenon of boomeranging. R&D Management, 53(4), 709–727.
Wapshott, R., Mallett, O. (2016). Managing Human Resources in Small and Medium-Sized Enterprises. [Book], 170 Pages. New York: Routledge, taylorfrancis.com.
Wurth, B., Stam, E., Spigel, B., (2022). Toward an entrepreneurial ecosystem research program. Enterpren. Theor. Pract. 46 (3), 729–778. Journals sagepub. com/ home/ etp.
  DOI: 10. 1177/ 1042 2587 21998948
Xu, Z., Dobson, S. (2019). Challenges of building entrepreneurial ecosystems in peripheralplaces. Journal of Entrepreneurship and Public Policy.
DOI: 10.1108/JEPP-03-2019-0023
Yadollahi Farsi, J., Azizi, M., Mohammadkazemi, R., Ziya, B. (2019). Identifying factors of fitness between business model and entrepreneurial opportunity for effective opportunity exploitation. NAVUS-Journal of 
           Management and Technology, 2237-4558. 19(5), 71-86.
            DOI: 10.20397/2177-6652/2019.v19i5.1775
 
 
Reference (In Persian)
Baghersad, V., Davari, A., & Sefidbari, L. (2021). Policy-making based on entrepreneurship ecosystem and development of knowledge-based companies. Karafan Quarterly Scientific Journal, 17(Special Issue), 67–85.
Farrokhmanesh, T., Hosseininia, Gh., Davari, A., Jahanbakht, M. (2022). Explaining the Logic behind Entrepreneur's Decision-making in Entrepreneurship Ecosystem. Journal of Entrepreneurship Development, Volume 15, Number 3, 541-558.
            Doi: 10.22059/JED.2022.345263.653997     
Karimi, M., Sanavifard, R., Hamidizadeh, A. (2023). Investigating the impact of digital technology on the environment and marketing capabilities of small and medium enterprises. Quarterly Journal of Industrial Technology Development, 20(50), 50, 16-3.
Khamseh, A., Ozlati, M., Khamseh, A. (2024). Banking innovation strategy and performance: the moderating role of dynamic knowledge management capabilities. Quarterly Journal of Industrial Technology Development, 22(55),  16-3.
Masum , M., Mohammadkazemi, R., Zarei, B. (2020). Identification and prioritization of international market entry ways (Case study: organic fertilizer). Bimonthly Commercial Surveys, 18(100), 77-90.
           dor 20.1001.1.26767562.1399.18.100.5.8
Mohammadkazemi, R., Talebi, K., Davari, A., Dehghan Najmabadi, A. (2021). Designing a Model of Empowerment for Small and Medium-Sized Businesses Knowledge-Based with a DEMATEL Approach. Quarterly Journal of the Iranian Association Management Sciences(iams), 16(61).
           JR_IAMS-16-61_001
Mosleh, A. M., Saeedi, M. R. (2015). The Effect of Capabilities of Network on the International Performance of Import and Export Companies. New Marketing Research Journal, 5(3), 1-20.
           SID https://sid.ir/paper/509251/fa.
Sepehri Azad, Y., Mousakhani, M., Davari, A. (2024). The dimensions of the educational e-business ecosystem in Iran. Quarterly Journal of Industrial Technology Development, 22(56), 65-86.
Soltani, M., Hosseini, S. R., Hejazi, A. (2023). Designing an Entrepreneurial learning pattern based on the Failure experiences of Iran's Superior entrepreneurs. Quarterly Journal of Industrial Technology Development, 21(51), 69-84.
Soltani, M., Hosseini, S. R., Hejazi, A. (2024). Identifying and prioritizing barriers to entrepreneurial learning based on the failure experiences of Iran's top entrepreneurs. Quarterly Journal of Industrial Technology Development, 21(54), 43-56.
Talebi, K., Mohammadkazemi, R., Alizadeh, M. (2019). The impact of the structural characteristics of the entrepreneurial team on the performance of IT business: the role of the environmental dynamism and entrepreneurial network. Journal of Entrepreneurship Development, 12(3), 361-380.
            Doi: 10.22059/jed.2019.271050.652823
Volume 23, Issue 61
Autumn 2025
Pages 97-126

  • Receive Date 04 August 2024
  • Revise Date 08 March 2025
  • Accept Date 09 March 2025