| Popis: |
Contrary to the widely accepted adage ‘do not engage in business activities with relatives’, individuals from Chinese, Indian, and Pakistani backgrounds are achieving significant progress, while individual groups experience stagnation. While prior research offers substantial insights into the relationship between kinship and entrepreneurial ventures, there exists a paucity of information regarding the mechanisms through which certain kin individuals attain success while others do not. The principal inquiries revolve around the question, ‘In what ways do kinship networks contribute to entrepreneurial success?’ Furthermore, within a multicultural and heterogeneous framework, how might kinship networks serve as essential resources that promote entrepreneurial development, or do they instead pose additional challenges to such advancement? To address these inquiries, this study conducts an integrative review of entrepreneurship through the conceptual framework of kinship (kin-entrepreneurship), a notion distinctly from emerging disciplines. The contextual backdrop of this study is firmly anchored in the rising incidence of business failures and their resultant ramifications for sustainable economic development on a global scale. By employing an integrative review methodology that encompasses both bibliometric and content analyses of extant literature, adhering to the PRISMA guidelines, this research elucidates the fundamental components relevant to kin-entrepreneurship. In tackling this issue, the present investigation explores the trends, trajectories, and potential futures concerning the nexus of kinship and entrepreneurship. A bibliometric analysis was conducted on a dataset comprising 292 scholarly articles focused on kin-entrepreneurship, published between 1980 and 2023, sourced from the Scopus and Web of Science databases. Significant findings highlight “kinship-based business influencers” and “entrepreneurial environment and consequences”, as crucial themes. Subsequent to the discovery of the themes, this paper advocates for a paradigm shift from a narrow familial perspective on business to a more expansive kinship viewpoint, which can enhance comprehension of the complex dynamics within business environments where kinship-based business influencers are multifaceted, affecting economic performance (where entrepreneurs capitalize on these affiliations for economic advantage), decision-making (which improves business sustainability through resource allocation among kin), and employee relations (as kin connections foster both formal and informal employment opportunities) for entrepreneurs. Consequently, this study posits that kinship-oriented business dynamics play a crucial role in influencing entrepreneurial decision-making by offering social capital, resources, and strategic guidance, which are essential for mitigating existing entrepreneurial attrition rates and, in turn, are fundamental for fostering economic development. |
