Asian business and management: review and future directions
Abstract
EconStor is a publication server for scholarly economic literature, provided as a non-commercial public service by the ZBW.
Full text
Froese, Fabian Jintae; Malik, Ashish; Kumar, Satish; Sahoo, Saumyaranjan Article — Published Version Asian business and management: review and future directions Asian Business & Management Provided in Cooperation with: Springer Nature Suggested Citation: Froese, Fabian Jintae; Malik, Ashish; Kumar, Satish; Sahoo, Saumyaranjan (2022) : Asian business and management: review and future directions, Asian Business & Management, ISSN 1476-9328, Palgrave Macmillan, London, Vol. 21, Iss. 5, pp. 657-689, https://doi.org/10.1057/s41291-022-00209-y This Version is available at: https://hdl.handle.net/10419/311466 Standard-Nutzungsbedingungen: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in EconStor may be saved and copied for your personal and scholarly purposes. You are not to copy documents for public or commercial purposes, to exhibit the documents publicly, to make them publicly available on the internet, or to distribute or otherwise use the documents in public. If the documents have been made available under an Open Content Licence (especially Creative Commons Licences), you may exercise further usage rights as specified in the indicated licence. https://creativecommons.org/licenses/by/4.0/
Vol.:(0123456789) Asian Business & Management (2022) 21:657–689 https://doi.org/10.1057/s41291-022-00209-y EDITORIAL Asian business andmanagement: review andfuture directions FabianJintaeFroese1· AshishMalik2· SatishKumar3· SaumyaranjanSahoo4 Published online: 4 November 2022 © The Author(s) 2022, corrected publication 2022 Abstract This century has been proclaimed the Asian century, as industrialised countries such as Japan, Singapore, and South Korea, along with rapidly emerging nations such China and India, have contributed to worldwide economic growth. In response, research has analysed the reasons why Asian business and management have found such success. Based on a bibliometric analysis of Asian Business & Management (ABM), a premier journal devoted to Asian management, here we examine the performance of the research constituents, social structure, and intellectual structure of 331 scholarly papers, which sheds light on the growing influence of ABM through six major knowledge clusters: corporate social responsibility; business management in emerging markets; corporate governance; internationalization; political and business ties; and organization culture and performance. Temporal analysis reveals the emergence of strategy and human resource management as a distinct knowledge cluster and the increasing importance of China as a research context and producer. Based on this analysis, we propose future research directions. Keywords Bibliometrics· Review· Bibliometric analysis· Asian business and management * Fabian Jintae Froese [email protected] Ashish Malik [email protected] Satish Kumar skumar[email protected] Saumyaranjan Sahoo saumy[email protected] 1 University ofGoettingen, Platz der Goettinger Sieben 5, 37073Goettingen, Germany 2 Newcastle Business School, Callaghan, NSW, Australia 3 Malaviya National Institute ofTechnology, Jaipur, India 4 Jaipuria Institute ofManagement, Jaipur, India
658 F.J.Froese et al. Introduction The centers of economic and political powers have shifted throughout history. While India and China were the two dominant economies until the year 1820, the industrial revolution shifted the balance of power to Europe and North America (Mahbubani, 2011). However, more recently, we witnessed a rebalancing of economic activity back to Asia, triggering a rethiniking of strategic goals of the West for Asia (Mahbubani, 2008, 2011). Highly industrialized Asian countries, for example, such as Japan, Singapore, and South Korea, along with rapidly reemerging nations such China and India, have contributed to worldwide economic growth. China alone has lifted more than 800 million people out of poverty over the last few decades (Worldbank, 2022). Toyota, Samsung, Alibaba, and Infosys have become world-leading companies, setting new trends in their respective industries. As such, this century has been proclaimed as the Asian century. In response, a growing body of scholarly literature has analyzed the reasons why Asian business and management have become so successful. In line with this development, Harukiyo Hasegawa founded the journal Asian Business & Management (ABM) in 2002, which has been recognized as a leading journal in the fields of business and management with a focus on the Asian region. ABM is celebrating its twentieth anniversary in 2022; to commemorate the event, we conducted a bibliometric analysis of the journal, which also serves as an excellent reflection of the research landscape in the area of business and management in Asia. Bibliometric methodology provides an unbiased review of the journal through quantitative assessment in a variety of areas (Donthu etal., 2022; Gammelgaard etal., 2020; Kataria etal., 2021), including content and pattern relating to publications, citations, contributors (i.e., authors, institutions, countries, and publishing outlets), geographical focuses, and scholarly contributions (themes and topics). Given ABM’s accomplishments and reputation over the preceding two decades, the current investigation attempts to answer the following research questions (RQs): RQ1 What are the publication and citation trends of ABM? RQ2 Which authors, institutions, and countries have contributed the most to ABM? RQ3 Which are the most-cited articles and journals for ABM? RQ4 What are the collaboration patterns of ABM’s contributors? RQ5 What are the most prevalent themes and topics in ABM? How have they evolved over time? RQ6 What are the emerging research avenues that ABM and its prospective contributors may pursue in the future?
659 Asian business andmanagement: review andfuture directions The remainder of this article is structured as follows. The methodology used in this study is discussed in the next section, followed by the results of the performance analysis and science mapping in the following sections. Bibliometric analysis and the selected articles in the 20-year anniversary issue of ABM serve as the basis for inspiration for future research directions, which we discuss at the end of this article. Methodology Data collection method andprocedure Before describing the methodology of the bibliometric analysis, we briefly introduce relevant metrics in science and apply them to ABM. The popularity of the journal among academia may be gauged using established journal-related performance indicators such as CiteScore (CS) and impact factor (IF). Scopus reports the CS of journals based on the last 4 years of bibliographic records from the Scopus database, while Clarivate Analytics reports the IF of journals based on the latest 2 years of bibliographic records from the Web of Science (WoS) database (Donthu etal., 2022; Waris etal., 2021). ABM was included in Clarivate Analytics (its predecessor) in 2007 and Scopus in 2008. Scopus assigns ABM a CS of 5.500 for 2021, which means that articles in the journal earned an average of 5.500 citations between 2017 and 2020 from other journals indexed in Scopus database, while Clarivate Analytics gives ABM an IF of 4.130, which indicates that articles in the journal earned an average of 4.135 citations per published article between 2019 and 2020 from other journals indexed in the WoS database. ABM’s source normalized impact per paper (SNIP) in 2021 is 1.371, implying that the journal’s average citations are 1.371 times greater than the average citations of other journals in its subject domain, which are indexed in Scopus. ABM has also been recognized as a quality journal in the business management domain, with a rating of “2” in the 2021 Academic Journal Guide endorsed by the Chartered Association of Business Schools (CABS). We combed the Scopus database, one of the largest collections of peer-reviewed scientific literature (Gammelgaard etal., 2020; Kataria etal., 2021; Pattnaik etal., 2021; Sureka etal., 2020), seeking information on articles published in ABM in the two decades since the journal’s inception, to generate the bibliographic metadata for this study. On September 8, 2022, the keyword phrase “Asian Business and Management” was entered as a search query in the Scopus Database, with the “source title” option selected, yielding a search result of 331 articles after we excluded duplicates and editorials, with 2008 being the initial Scopus-indexed published year. A similar query conducted into the WoS database yielded similar article statistics with an additional 24 articles in 2007. Due to the comprehensive nature of bibliographic data, we opted to leverage the Scopus Database for final data extraction, which provided a result of 331 articles. Bibliometrics is a field of information and library sciences that use statistical methods to study the bibliographic data of an extracted review corpus (Donthu etal., 2022; Gammelgaard etal., 2020; Kataria etal., 2021); further, the evaluation outcome using accessible bibliometric software is either a tabular synthesis or graphical
660 F.J.Froese et al. representation of a review corpus to demonstrate the evolution of a research field of interest. The use of bibliometric analysis in the academic areas of business management and social science is becoming increasingly common (Donthu etal., 2022; Kumar etal., 2022; Sahoo, 2021), with most published work of this kind containing study of coverage patterns, comprehensive introspection, and unbiased observations (Dana etal., 2021; Varma etal., 2022; Waris etal., 2021). This fundamental assumption considers citation data to be reliable indicators of the advancement of the study area, illuminating the roles played by influential authors and their institutions and mapping the underlying structures in scholarly outputs and their interconnections (Prakash etal., 2022; Sureka etal., 2020; Viglia etal., 2022). In keeping with previous research (Donthu etal., 2022; Varma etal., 2022; Viglia etal., 2022), this study employs two unique types of bibliometric analysis: performance and scientific mapping (Donthu etal., 2021). We divided the retrieved bibliographic data into two seven-year (approx.) intervals, 2008–2014 and 2017–mid-2022, to provide a clear picture of ABM’s publication history. This method was chosen in accordance with previous research in the field. Figure1 highlights the current investigation’s research design and assessment methodology. Data analysis method andprocedure This research examines the performance of contributors in terms of (1) publishing and citation trends; (2) leading authors, institutions, and countries; (3) most-cited articles; (4) leading journals referenced by ABM’s articles; and (5) leading journals citing ABM’s articles, shedding light on ABM’s influence and productivity (Donthu Research Questions Methodology Research Outcomes RQ1. What has been the publishing trend in ABM? RQ2. Who are the major contributors to ABM (authors, institutions, and countries)? RQ3. Which are best-performing articles in ABM? RQ4. What is the trend of collaboration among ABM contributors? RQ5. What are the most often published themes in ABM, and how have these topics evolved over time? RQ6. What are the emerging research avenues for interested scholars? Step1: Use the "Source Title" option to search the Scopus Database with the query string "Asian Business & Management". Step2: Retrieve the bibliographic information for 331 research articles after excluding editorials. Step3: Prepare data from the extracted review corpus on publications, citations, contributions, and other relevant attributes. ■Identified the trends of publication and citations in ABM. ■Presented most prolific contributors with their affiliation. ■Presented the most cited articles, most cited source outlet, and most referred source outlet. ■Identified the status of collaborations among contributors to ABM. ■Identified major knowledge clusters and suggested avenues for future research. Performance Analysis ■Segment the data into two time periods i.e., 2008-2014 and 2015-2022. ■Identify and report top contributors based on overall and segmented timeframes. Science Mapping ■Experiment with network visualisation and bibliographic coupling to find knowledge clusters and articles within each cluster. ■Report on the temporal assessment of each knowledge cluster. Fig. 1 Research design
661 Asian business andmanagement: review andfuture directions etal., 2021; Varma etal., 2022; Viglia etal., 2022). To assess ABM’s performance, several metrics were used (“Appendix”), including total publications (TP), total cited publications (TCP), total citations (TC), citations per publications (TC/TP), citations per cited publications (TC/TCP), citations per active year since publication (C/Y), h-index, and IF and CS. The quantitative existence of research constituents such as authors, institutions, and countries is defined by TP, whereas the quantifiable scholarly influence of these elements is designated by TC (Donthu etal., 2021, 2022; Gammelgaard etal., 2020; Pattnaik etal., 2021). TCP counts influential or referenced articles, providing a logical justification for using TC/TCP rather than TC/TP (Donthu etal., 2022; Kataria etal., 2021; Varma etal., 2022). The h-index, like IF and CS, is a similar impact-measuring metric defined as the maximum value of h such that the given author/journal has written at least h articles, each of which has been cited at least h times (Gammelgaard etal., 2020; Waris etal., 2021). Network visualization was utilized in scientific mapping to uncover the main knowledge clusters that constitute ABM’s social and intellectual structure. Drawing on previous research (Donthu etal., 2022; Kataria etal., 2021; Varma etal., 2022), the collaboration pattern among research constituents was found using co-authorship analysis, while the knowledge cluster was established using the co-occurrence of the author keyword method. It is fairly obvious that authors select keywords to represent the topics and themes that lie at the heart of their academic work and also to increase their exposure among interested researchers (Sureka etal., 2020; Viglia etal., 2022). As a consequence, utilising keyword co-occurrence analysis to explore makes sense (Emich etal., 2020; Pattnaik etal., 2021). Synonymous keywords are also rendered homogenous in the retrieved data set. Articles within each thematic cluster were identified using the bibliographic coupling approach, which uses references to establish similarity across publications, supplementing the identification of thematic cluster via the co-occurrence of author keyword analysis (Aria & Cuccurullo, 2017; Dana etal., 2021; Sureka etal., 2020). The degree of similarity, as shown by the robustness of the citation relationships between them, increases as the number of shared references increases (Donthu etal., 2021). Next, a content analysis method was chosen to articulate the description of each thematic cluster and to recommend future research possibilities. We conducted the review evaluation of ABM using Microsoft Excel, Bibliometrix-R, and Gephi software. Performance analysis ofAsian business & management Data year‑wise patterns ofpublications As a result of the activities mentioned in the methodology section, the extracted review corpus comprises 331 articles published in ABM between 2008 and 2022, a synopsis of which is shown in Table1 (RQ1), which also shows that the number of publications (TP) in ABM has been around 20 between 2008 and 2013, around 15 between 2014 and 2019, and increased sharply from 2020, with the highest number of publications being 48 in 2022. Likewise, total citations, cumulative citations, and cites per publications increased rapidly in recent years.
662 F.J.Froese et al. Table2 provides a ranking of the most prolific authors in ABM between 2008 and 2022. The ranking provides an overview of absolute and relative publications as well as citations but does not distinguish between single or co-authored papers. Tomoki Sekiguchi from Kyoto University leads the ranking in terms of total publications, as he published seven articles in ABM. He is followed by Martin Hemmert from Korea University with six publications and Jie Wu from Aberdeen University with five publications. Yipeng Liu from the University of Reading leads the ranking in terms of total citations. Korea University (South Korea) has the highest contribution to ABM with 21 publications and h-index score of 9. The University of Reading (United Kingdom) has the highest TC/TP score of 27. The top researchers, as mentioned above, greatly contributed to the success of those institutions (Table3). Table4 displays the key indicators of performance for the leading countries that contributed to ABM from 2008 and 2022 (RQ2). China appears as the most prolific and influential country contributing to ABM across various parameters, including total publications (TP = 96), total cited publications (TCP = 78), total citations (TC = 797), and h-index (h = 17). Following China are the United States (TP = 72, TCP = 64, TC = 764, h = 16) and South Korea (TP = 59, TCP = 53, TC = 467, h = 14). The Netherlands tops the list on the TC/TP criteria with a score of 19.16, while Singapore leads on the TC/TCP criterion with a score of 20.88. This suggests that authors from the Netherlands and Singapore were able to produce more highimpact articles. Table5 depicts the temporal distribution of the top authors, institutions, and countries spanning two time points: 2008–2014 and 2015–2022. According to the Table 1 Annual trend of publications and citations in ABM between 2008 and 2022 TP total publications, CTP cumulative total publications, TC total citations, CTC cumulative total citations, CTC/CTP cites per publication Year TP CTP TC CTC CTC/CTP 2008 21 21 2 2 0.095 2009 20 41 11 13 0.317 2010 17 58 28 41 0.707 2011 17 75 60 101 1.347 2012 24 99 59 160 1.616 2013 25 124 107 267 2.153 2014 14 138 99 366 2.652 2015 17 155 126 492 3.174 2016 16 171 146 638 3.731 2017 15 186 163 801 4.306 2018 15 201 201 1002 4.985 2019 16 217 229 1231 5.673 2020 29 246 365 1596 6.488 2021 48 294 510 2106 7.163 2022 37 331 537 2643 7.985
663 Asian business andmanagement: review andfuture directions temporal distribution, no authors produced more than three articles in the first time phrase (2008–2014), while five authors contributed five or more articles in the second time phrase (2015–2022). On the influential metrics (TC), Sarkis and Zhu with 79 citations from two articles are the most impactful authors in the first time frame (2008–2014), while Liu with 152 citations from four articles is the most impactful author in the second time frame (2015–2022). While National Taiwan University contributed the most articles in the first time frame (seven articles), Korea University contributed the most articles in the second time frame (17 articles). The United States (TP = 27, TC = 402) and Japan (TP = 21, TC = 237) come in top and second, respectively, on the criteria of TP and TC when comparing the contribution and performance of countries to and in ABM from 2008 to 2014. In the second time period (2015 to 2022), China emerges as the numberone contributor to ABM with a TP value of 83 articles and as an influential contributor to ABM with a TC value of 605 citations. Table 2 Authors with the highest contribution to ABM between 2008 and 2022 Authors with minimum number of 3 articles, TP total publications, TCP total cited publications, TC total citations, TC/TP cites per publication, TC/TCP cites per cited publication, h h-index Authors, Current Affiliation & Country TP TCP TC TC/TP TC/TCP h T. Sekiguchi, Kyoto University, Japan 7 5 70 10.00 14.00 4 M. Hemmert, Korea University, South Korea 6 6 50 8.33 8.33 4 J. Wu, University of Aberdeen, United Kingdom 5 5 51 10.20 10.20 4 F.J. Froese, University of Göttingen, Germany 4 4 51 12.75 12.75 3 C. Lakshman, Florida Atlantic University, United States 4 3 20 5.00 6.67 3 D. Shin, Yonsei University, South Korea 4 4 15 3.75 3.75 3 J. Cho, Kyungpook National University, South Korea 3 3 19 6.33 6.33 1 A.M. Colpan, Kyoto University, Japan 3 2 7 2.33 3.50 2 J.J. Cordeiro, State University of New York, United States 3 3 26 8.67 8.67 3 A. Giroud, University of Manchester, United Kingdom 3 3 39 13.00 13.00 2 I.M. Jawahar, Illinois State University, United States 3 2 18 6.00 9.00 1 I. Jeong, Korea University, South Korea 3 2 8 2.67 4.00 1 E. Kim, Pusan National University, South Korea 3 2 21 7.00 10.50 2 J. Lee, Kyungpook National University, South Korea 3 3 19 6.33 6.33 1 Y. Liu, University of Reading, United Kingdom 3 3 141 47.00 47.00 3 M.H. Ogasavara, Escola Superior de Propaganda e Marketing, Brazil 3 2 24 8.00 12.00 2 P. Pananond, Thammasat University, Thailand 3 3 38 12.67 12.67 3 J.H. Rhee, Korea University, South Korea 3 3 42 14.00 14.00 3 F. Robins, University of Adelaide, Australia 3 3 29 9.67 9.67 2 H. Sakawa, Nagoya City University, Japan 3 3 26 8.67 8.67 3 D. Sutherland, Durham University, United Kingdom 3 3 50 16.67 16.67 3 N. Watanabel, Nagoya City University, Japan 3 3 26 8.67 8.67 3 T. Yoo, Hankuk University of Foreign Studies, South Korea 3 3 35 11.67 11.67 3
664 F.J.Froese et al. Table6 presents the top 15 most-cited articles out of 331 articles published in ABM (RQ3). The article “The challenges and opportunities of a global health crisis: the management and business implications of COVID-19 from an Asian perspective” by Liu etal. (2020) has garnered 101 citations and has the highest TC/Y score of 50.50 on the list. It is noteworthy that many highly cited articles were published in the last 3 years. Science mapping ofAsian business andmanagement ABM’s social structure fromco‑authorship analysis ABM’s social structure is explored by means of a co-authorship analysis of research constituents, and the resultant network analysis and network visualization are provided in Figs.2, 3 and 4 (RQ4). To simplify interpretation, the nodes in these network maps represent research contributors, while the connections between these nodes represent co-authorship patterns (Dana et al., 2021; Donthu et al., 2022; Kataria etal., 2021). Co-authorship is represented as a cluster of nodes of the same color; the size of the node and thickness of the linkage show the frequency with which they occur (Aria & Cuccurullo, 2017; Donthu etal., 2021). Table 3 Institutions with the highest contribution to ABM between 2008 and 2022 Institutions with minimum number of 5 articles, TP total publications, TCP total cited publications, TC total citations, TC/TP cites per publication, TC/TCP cites per cited publication, h h-index Institutions TP TCP TC TC/TP TC/TCP h Korea University, South Korea 21 20 189 9.00 9.45 9 Zhejiang University, China 10 9 91 9.10 10.11 6 Yonsei University, South Korea 10 9 58 5.80 6.44 5 Gothenburg University, Sweden 9 8 82 9.11 10.25 6 Tongji University, China 9 8 126 14.00 15.75 7 National Taiwan University, Taiwan 8 8 35 4.37 4.37 5 Tsinghua University, China 7 6 50 7.14 8.33 3 Kyoto University, Japan 7 6 18 2.57 3.00 5 University of Reading, United Kingdom 6 6 162 27.00 27.00 5 Sungkyunkwan University, South Korea 5 5 68 13.60 13.60 4 Seoul National University, South Korea 5 5 105 21.00 21.00 4 Xi’an Jiaotong University, China 5 5 37 7.40 7.40 5 Macquarie University, Australia 5 5 89 17.80 17.80 3 University of Macau, China 5 5 51 10.20 10.20 4 Osaka University, Japan 5 5 89 17.80 17.80 4 Keio University, Japan 5 5 89 17.80 17.80 3 University of Goettingen, Germany 5 5 86 17.20 17.20 4 Stockholm University, Sweden 5 5 52 10.40 10.40 4
671 Asian business andmanagement: review andfuture directions 2022; Leydesdorff, 2007; Vega-Oliveros etal., 2019). Table8 provides the metrics for each keyword in each of the six knowledge clusters, which will be mentioned next to the keyword in parenthesis. The avenues for future research (RQ6) have been underlined in the discussed knowledge cluster for interested researchers to explore further. Cluster 1: corporate social responsibility With 42 articles, this substantial cluster is the second-largest knowledge cluster and is concentrated on notable keywords, such as Japan, corporate social responsibility, Korea, India, and Asia, based on centrality scores. This cluster, which garnered a total of 346 citations, is also the second-most influential cluster. A majority of articles in this cluster studied and presented effective practices of Asian companies, thus illustrating their self-imposed responsibility toward society in areas such as the Fig. 4 Country co-authorship network. Note Threshold for inclusion is minimum number of two edges in the network with 500 nodes
672 F.J.Froese et al. Table 7 Centrality measures of authors, institutions and countries Rank Degree of centrality Betweenness centrality Closeness centrality Eigen centrality Authors 1 T. Sekiguchi T. Sekiguchi H. Sakawa T. Sekiguchi 2 J. Cho R. Bebenroth N. Watanabel J. Wu 3 D. Sutherland J. Li Y. Wang J. Cho 4 F.J. Froese M. Hemmert F.L. Cooke Y. Yang 5 M. Hemmert A.M. Colpan A. Giroud F.J. Froese 6 J. Li L. Zhang P. Pananond K. Lee 7 A.M. Colpan F.J. Froese M.H. Ogasavara X. Wang 8 J. Wu J. Wu Y. Hoshino J.Y. Lee 9 Y. Cheng D. Sutherland J. Cho G. Liu 10 A.R. Cross J. Cho I. Jeong M. Yang Institutions 1 Korea University Korea University Hankuk University of Foreign Studies Korea University 2 Zhejiang University Kyoto University University of Hawaii Zhejiang University 3 Shanghai University of Finance and Economics Osaka University Thammasat University Keio University 4 Yonsei University Yonsei University University of Manchester Xi’an Jiaotong-Liverpool University 5 Keio University Hongik University Osaka University Kyoto University 6 Tongji University University of Reading Keio University Chongqing University 7 Shanghai Jiao Tong University Keio University Korea University Renmin University of China 8 Chongqing University Zhejiang University Kobe University Shanghai University of Finance and Economics 9 Osaka University Tongji University Kyoto University Yonsei University 10 University of Macau Shanghai Jiao Tong University Yonsei University Seoul National University
673 Asian business andmanagement: review andfuture directions Table 7 (continued) Rank Degree of centrality Betweenness centrality Closeness centrality Eigen centrality Country 1 China China Spain China 2 United States United Kingdom Chile United States 3 United Kingdom United States China United Kingdom 4 South Korea Japan United States South Korea 5 Japan South Korea United Kingdom Japan 6 Australia Netherlands Japan Australia 7 Germany Australia Australia Germany 8 Canada France South Korea Canada 9 Spain Italy Germany Spain 10 Chile Canada France Chile
674 F.J.Froese et al. environment, economy, employee well-being, and competition ethics. Some articles in the cluster focus on the Japanese economy, remarking on subsidiary control procedures, fostering an entrepreneurship culture, and analysing postacquisition performance, among other topics. This knowledge cluster also offers future research opportunities for the next generation of academics. Companies are beginning to regard their corporate social responsibility as a vehicle to create transformative ideas within their organization and disseminate them throughout the industrial sector as a whole. This trend is an opportunity for academics to examine and describe such corporate dynamics in the Asian context in upcoming issues of ABM. For example, interested researchers might explain the motivation of Asian companies to increase their corporate social responsibility capabilities in order to conceptualise and critique complicated risk-resilience-responsibility arrangements in globally dispersed supply chains (Kim & Moon, 2015). Cluster 2: business management inemerging markets This knowledge cluster is the largest, with 241 articles cited 1865 times in total, making it the most influential cluster as well. Some of the keywords with high PageRank relevance are China, emerging markets, South Korea, innovation, performance, family firms, human resource management, strategy, acquisitions, and culture, all of which reflect on the central theme of business management strategies in the context of emerging markets. The majority of the articles in this group attempt to illustrate, primarily from a microeconomic vantage point, the procedures involved in managing a company’s integrated commercial operations. These operations include marketing, innovation, production systems, social structures, cross-border acquisitions. Some of these studies in the knowledge cluster have taken into account macroeconomic factors such as cultural identity, political environment, competitive Knowledge Cluster 2 (Blue) Business Management in Emerging Markets Knowledge Cluster 3 (Green) Corporate Governance of International Business Knowledge Cluster 1 (Red) Corporate Social Responsibility Knowledge Cluster 4 (Purple) Internationalization Knowledge Cluster 5 (Orange) Political and Business Ties Knowledge Cluster 6 (Brown) Organizational Culture & Performance Fig. 5 Network representation of major knowledge clusters of ABM
675 Asian business andmanagement: review andfuture directions Table 8 Conceptual Structure of Articles published between 2008 and 2022 (Overall) Knowledge Cluster (No. of Articles) and Prominent Keyword (Betweenness, Closeness, PageRank) Top 3 Cited Articles in Each Knowledge Cluster Authors (Year) Article TC KC1 (42 articles, TC = 346): Corporate Social Responsibility Prominent Keywords: Japan (103.000,0.018,0.049), Corporate Social Responsibility (28.000,0.012,0.039), Korea (0.000,0.012,0.015), India (0.000,0.009,0.015), and Asia (0.000, 0.012,0.026) M. Pudelko and H. Tenzer (2013) Subsidiary control in Japanese, German and US multinational corporations: Direct control from headquarters versus indirect control through expatriation 33 B. Amann, J. Jaussaud, and I. Martinez (2012) Corporate social responsibility in Japan: Family and non-family business differences and determinants 29 C.Y. Chung, S.J. Cho, D. Ryu, and D. Ryu (2019) Institutional blockholders and corporate social responsibility 27 R.C. Kim and J. Moon (2015) Dynamics of corporate social responsibility in Asia: Knowledge and norms 27 KC2 (241 Articles, TC = 1865): Business Management in Emerging Markets Prominent Keywords: China (384.500,0.027,0.264), Emerging Markets (1.500,0.016,0.035), South Korea (0.000,0.015,0.024), Innovation (0.000, 0.016, 0.024), Performance (0.000, 0.016,0.024), Family Firms (0.000, 0.016, 0.025), Institutions (0.000,0.015,0.014), Guanxi (0.000,0.015,0.014), Human Resource Management (0.000, 0.016, 0.025), International Business (0.000, 0.015, 0.014), Leadership Development (0.000, 0.015, 0.014), Productivity (0.000, 0.015, 0.014), Strategy (0.000, 0.016, 0.025), Acquisitions (0.000,0.016,0.025), Agency Problems (0.000,0.015,0.014), Culture (0.000, 0.016,0.025), Information Asymmetry (0.000, 0.015,0.014), MNC (0.000,0.015,0.014), Political Connection (0.000, 0.015,0.014), and Political Economy (0.000, 0.015,0.014) Y. Liu, J.M. Lee, and C. Lee (2020) The challenges and opportunities of a global health crisis: the management and business implications of COVID-19 from an Asian perspective 101 P. Shapira and J. Wang (2009) From lab to market? Strategies and issues in the commercialization of nanotechnology in China 57 N.A. Khan, A.N. Khan, and S. Gul (2019) Relationship between perception of organizational politics and organizational citizenship behavior: testing a moderated mediation model 52 Q. Zhu, J. Sarkis, and Y. Geng (2011) Barriers to environmentally friendly clothing production among Chinese apparel companies 52
676 F.J.Froese et al. Table 8 (continued) Knowledge Cluster (No. of Articles) and Prominent Keyword (Betweenness, Closeness, PageRank) Top 3 Cited Articles in Each Knowledge Cluster Authors (Year) Article TC KC3 (16 Articles, TC = 178): Corporate Governance of International Business Prominent Keywords: Corporate Governance (28.000,0.016,0.028) and Foreign Ownership (0.000,0.011,0.016) C.F. Goh, A. Rasli, and S.-U.-R Khan (2014) CEO duality, board independence, corporate governance and firm performance in family firms: Evidence from the manufacturing industry in Malaysia 21 D. Ryu, D. Ryu, and J.H. Hwang (2017) Corporate governance, product-market competition, and stock returns: Evidence from the Korean market 20 H. Aman and P. Nguyen (2012) The size and composition of corporate boards in Japan 19 KC4 (17 Articles, TC = 158): Internationalization Prominent Keywords: Internationalization (55.000,0.017,0.049), business groups (0.000,0.011,0.015), and resource-based view (0.000,0.011,0.015) T. Sekiguchi, F. Jintae Froese, and C. Iguchi (2016) International human resource management of Japanese multinational corporations: Challenges and future directions 41 K. Rong, Y. Lin, B. Li, T. Burström, L. Butel, and J. Yu (2018) Business ecosystem research agenda: More dynamic, more embedded, and more internationalized 28 D.W. Yiu, F.W., Ng, and X. Ma (2013) Business group attributes and internationalization strategy in China 23 KC5 (8 Articles, TC = 72): Political and Business Ties Prominent Keywords: Political Ties (0.00,1.00,0.029) and business ties (0.000,1.000,0.029) Y.-H. Lin, C.-J. Chen, and B.-W. Lin (2014) The roles of political and business ties in new ventures: Evidence from China 28 F. Robins (2010) China: A new kind of mixed economy 15 R. Fralich and H. Fan (2018) Legislative political connections and CEO compensation in China 8
677 Asian business andmanagement: review andfuture directions Table 8 (continued) Knowledge Cluster (No. of Articles) and Prominent Keyword (Betweenness, Closeness, PageRank) Top 3 Cited Articles in Each Knowledge Cluster Authors (Year) Article TC KC6 (7 Articles, TC = 26): Organizational Culture and Performance Prominent Keywords: Organizational Culture (0.00,1.00,0.029) and Organizational Performance (0.000,1.000,0.029) C.J. Teh, A. Boerhannoeddin, and A. Ismail (2012) Organizational culture and performance appraisal process: Effect on organizational citizenship behavior 15 K. Friesenbichler and E. Selenko (2017) Firm performance in challenging business climates: Does managerial work engagement make a difference? 5 L. Zhang, J.A. Parnell, and C. Xiong (2021) Market and Nonmarket Strategies (NMS) in China: Performance Payoffs in Turbulent Environments 4 331 articles were published between 2008 and 2022. Analysis conducted using “co-occurrence network” in Bibliometrix-R KC knowledge cluster, TC total citations
678 F.J.Froese et al. dynamics, and other factors in order to empirically reflect business models, which include their requirement to plan, organise, direct, manage, and control a firm’s resources in order to achieve a company’s objectives. The article “The challenges and opportunities of a global health crisis: The management and business implications of COVID-19 from an Asian perspective” by Liu etal. (2020) is the most-cited (TC = 101) in the cluster, owing to its emphasis on resilience, strategic agility, and entrepreneurship in the frame of reference of the macroeconomic business landscape’s struggle against the COVID-19 pandemic. Despite being the largest cluster, the limitations identified in published articles of this knowledge cluster show the necessity for further investigation providing the technological viewpoint of business management in such an economy. Future studies should also look at ways to safeguard the long-term survival of smalland medium-sized businesses, which make a significant contribution to the economy. Cluster 3: corporate governance ofinternational business This knowledge cluster includes 16 articles with a maximum of 178 citations and is based on two keywords: corporate governance and foreign ownership. The majority of articles in this knowledge cluster focus on corporate governance activities, which refer to the framework of rules, policies, and processes used to oversee and manage a corporation, especially foreign-owned enterprises. Different boards of directors might have different roles and responsibilities, which have been a focus of several of the articles in this set. These have also shown empirically how poor corporate governance may jeopardise a company’s operations and eventual profitability. One of the most impactful articles in this knowledge cluster is titled “CEO duality, board independence, corporate governance, and firm performance in family firms: Evidence from the manufacturing industry in Malaysia,” as authored by the research team of Goh et al. (2014), which garnered 21 citations. It’s possible that the best corporate governance is unique to each organization and industry, and that imposing universal norms or standards would have little effect on improving policy or productivity. As a consequence, given that the qualitative methodological approach allows the researcher to obtain rich information in this field, more qualitative research is required to assist practitioners on sector-specific effective corporate governance practices. Cluster 4: internationalization This knowledge cluster comprises 17 articles receiving 158 citations and premised upon three keywords: internationalization; business groups; and resource-based view. Articles in the knowledge cluster that drew mostly on a firm’s resource-based view attempted to provide an explanation for the dynamic interaction among institutions, business groups, and internationalization. Articles in the knowledge cluster aimed to demonstrate how businesses participate in people-related or functional processes that increase firms’ engagement in international marketplaces, such as human resource management, business ecosystems, acquisitions, and subsidiary management. With 41 citations, the article titled “International human resource
679 Asian business andmanagement: review andfuture directions management of Japanese multinational corporations: Challenges and Future Directions” by Sekiguchi etal. (2016) is the most-cited in the cluster. Researchers with an interest in the topic of internationalization might concentrate their energies on researching the distinct factors that lead to the forward or reverse internationalization of businesses (Feng etal., 2020). While some studies on the outcomes of internationalizing R&D activities have concentrated on the innovative performance of parent and subsidiary firms, a few have also emphasised the enterprise’s financial performance and productivity, which opens up new avenues for researchers. Cluster 5: political andbusiness ties This knowledge cluster, which consists of two main keywords, i.e., political ties and business ties, includes eight publications that have received 72 citations. These eight articles sought to demonstrate how corporations operating in Asian economies should exercise caution when leveraging commercial and political relationships as well as how they can adapt their political–business ties to changing institutional and market contexts. The article by Lin etal. (2014) titled “The roles of political and business ties in new ventures: Evidence from China” has received the most citations, with 28. Highlighting a possible asymmetric association between business and political ties, interested researchers on the topic can investigate their interaction on product innovation activities, marketing strategies, corporate social responsibilities, and organizational learning behavior, among other organization dynamics. Cluster 6: organizational culture andperformance Knowledge Cluster 6 is the smallest cluster, consisting of just seven articles, which were found via a search for co-occurrence of author keywords in a review corpus of 331 articles. These seven articles garnered 26 citations, with two prominent keywords, i.e., organizational culture and organizational performance. Although certain articles emphasise the possibility of direct links between organizational culture and performance, more research is needed to understand the links between diverse cultural dimensions such as involvement culture, consistency culture, adaptability culture, and mission culture with diverse organizational performance. These relationships may also be investigated in the context of tumultuous periods, such as war scenarios, pandemics, and market dynamics, among other circumstances. Temporal comparison ofresearch clusters Despite the fact that six knowledge clusters were identified, showing ABM’s journey from 2008 to 2014 with 331 articles, we ran a temporal analysis over two time periods to identify the most-dominate knowledge clusters in each period (RQ5). Two separate analyses were performed on the 138 articles published in the first time period (2008–2014) and the 193 articles published in the second (2015–2022), the findings of which are presented in Tables9 and 10, respectively. The data in these tables show that the six aforementioned clusters emerged in some form or another in both separated time phrases. Figure6 depicts the evolution of ABM’s intellectual
680 F.J.Froese et al. structure, revealing the identification of just one distinct cluster in the second time phrase (2015–2022). As seen in Fig.6 and backed by evidence shown in Table9, two major knowledge clusters occur in the first time phrase (2008–2014). Among the 138 articles published in ABM between 2008 and 2014, the majority (100 articles) focused on business management in the political economy of China and other Asian countries, while the remaining 38 articles focused on corporate governance for international business. Likewise, referring to Fig. 6 and the information presented in Table 10, it is clear that the five knowledge clusters that have emerged during 2015–2022 are generally closely connected to the six knowledge clusters identified during the aggregate phase (2008–2022). In the aggregate (2008–2022) and sliced time periods (2008–2014, 2015–2022), the thematic cluster predicated on articulating business management in emerging markets emerged as the largest and most influential cluster. The cluster, based on two keywords, i.e., strategy and human resource management, is distinct and gains traction during the second time period. Cluster 7: strategy andhuman resource management This knowledge cluster of seven articles represents the niche focus of scholarly investigation to emphasise the strategic importance of human resource management within organizations. This cluster of articles has broadened its discussion of individual performance and institutional growth while also providing empirical explanations of the culture and values in human resource management practices. Cluster articles conceptualise the theory of strategic human resource management, where empirical research has presented findings on how organizations may develop and succeed by taking a complete strategy to building the best personnel. Because the topic is still in its early stages in ABM, future researchers may delve deeper into it to reveal additional information about how organizations might be restructured to be adaptable to changing market conditions by assessing the effectiveness of their human resources. Discussion Since its inception in 2002 as a venue for presenting international business research with a focus on the Asian region, ABM has come a long way. To mark this progress, the present study used a number of bibliometric techniques, including co-authorship, keyword co-occurrence, and bibliographic coupling analyses, to investigate trends and essential aspects in the journal’s content. Moreover, this analysis may simultaneously serve as a representation of research on Asian business and management in general. Our first RQ focused on trends in ABM publishing levels. Compared with the first time period (2010–2014), the number of publications in ABM increased by 39.85% in the second period (2015–2022). The second and third RQs were concerned with identifying ABM research constituents in terms of publications and impact metrics; the results showed that articles, authors, and institutions from China, Japan,
687 Asian business andmanagement: review andfuture directions Variable Definition Total Referred (TR) Number of references (TR) denotes the intellectual connection of articles published in ABM to the broad research area in other Journals. Defined as the count of the ABM articles referred by other journals (or source titles) Research Geography Single Country A dummy variable coded 1 for articles following investigation conducted in one country setting and 0 otherwise Multi Countries A dummy variable coded 1 for articles following investigation conducted in multi countries setting and 0 otherwise Funding Open Access funding enabled and organized by Projekt DEAL. Open Access This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article’s Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article’s Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http:// creat iveco mmons. org/ licen ses/ by/4. 0/. References Aria, M., & Cuccurullo, C. (2017). bibliometrix : An R-tool for comprehensive science mapping analysis. Journal of Informetrics, 11(4), 959–975. Badar, K., Hite, J. M., & Badir, Y. F. (2013). Examining the relationship of co-authorship network centrality and gender on academic research performance: The case of chemistry researchers in Pakistan. Scientometrics, 94(2), 755–775. Barthelemy, M. (2004). Betweenness centrality in large complex networks. The European Physical Journal B—Condensed Matter, 38(2), 163–168. Dana, L. P., Kumar, S., Pandey, N., & Sureka, R. (2021). The Journal of Small Business Management: A bibliometric overview of 1996–2019. Journal of Small Business Management, 59(sup1), S215–S236. Donthu, N., Kumar, S., Mukherjee, D., Pandey, N., & Lim, W. M. (2021). How to conduct a bibliometric analysis: An overview and guidelines. Journal of Business Research, 133, 285–296. Donthu, N., Kumar, S., Sahoo, S., Lim, W. M., & Joshi, Y. (2022). Thirty years of product and brand management research: A retrospective review of the Journal of Product and Brand Management using bibliometric analysis. Journal of Product & Brand Management. https:// doi. org/ 10. 1108/ JPBM0220223878 Emich, K. J., Kumar, S., Lu, L., Norder, K., & Pandey, N. (2020). Mapping 50 years of small group research through small group research. Small Group Research, 51(6), 659–699. Feicheng, M., & Yating, L. (2014). Utilising social network analysis to study the characteristics and functions of the co-occurrence network of online tags. Online Information Review, 38(2), 232–247. Feng, X., Ma, X., Shi, Z., & Peng, X. (2020). How knowledge search affects the performance of reverse internationalization enterprises: The co-moderating role of causation and effectuation. Journal of Knowledge Management, 25(5), 1105–1127. Froese, F. J., Shen, J., Sekiguchi, T., & Davies, S. (2020). Liability of Asianness? Global talent management challenges of Chinese, Japanese, and Korean multinationals. Human Resource Management Review, 30(4), 100776.
688 F.J.Froese et al. Gammelgaard, B., Kumar, S., Pattnaik, D., & Joshi, R. (2020). Thirty years of the International Journal of Logistics Management—a retrospective analysis. The International Journal of Logistics Management, 31(2), 173–208. Goh, C. F., Rasli, A., & Khan, S.-U.-R. (2014). CEO duality, board independence, corporate governance and firm performance in family firms: Evidence from the manufacturing industry in Malaysia. Asian Business & Management, 13(4), 333–357. Hemmert, M., Cross, A. R., Cheng, Y., Kim, J. J., Kotosaka, M., Waldenberger, F., & Zheng, L. J. (2022). New venture entrepreneurship and context in East Asia: A systematic literature review. Asian Business & Management. https:// doi. org/ 10. 1057/ s4129102100163-1 Huang, Y., Liu, H., & Pan, J. (2021). Identification of data mining research frontier based on conference papers. International Journal of Crowd Science, 5(2), 143–153. Kataria, A., Kumar, S., & Pandey, N. (2021). Twenty-five years of gender, work and organization: A bibliometric analysis. Gender, Work & Organization, 28(1), 85–118. Kim, R. C., & Moon, J. (2015). Dynamics of corporate social responsibility in Asia: Knowledge and norms. Asian Business & Management, 14(5), 349–382. Köseoglu, M. A., Okumus, F., Putra, E. D., Yildiz, M., & Dogan, I. C. (2018). Authorship trends, collaboration patterns, and co-authorship networks in lodging studies (1990–2016). Journal of Hospitality Marketing & Management, 27(5), 561–582. Kumar, S., Sahoo, S., Lim, W. M., & Dana, L.-P. (2022). Religion as a social shaping force in entrepreneurship and business: Insights from a technology-empowered systematic literature review. Technological Forecasting and Social Change, 175, 121393. Lee, J. Y., Colpan, A. M., Ryu, Y.-S., & Sekiguchi, T. (2022). What do we know about the internationalization of Asian business groups? A systematic review and future research agenda. Asian Business & Management. https:// doi. org/ 10. 1057/ s4129102100164-0 Leydesdorff, L. (2007). Betweenness centrality as an indicator of the interdisciplinarity of scientific journals. Journal of the American Society for Information Science and Technology, 58(9), 1303–1319. Li, X., Froese, F. J., & Pak, Y. S. (2022). Promoting knowledge sharing in foreign subsidiaries through global talent management: The roles of local employees’ identification and climate strength. International Journal of Human Resource Management. https:// doi. org/ 10. 1080/ 09585 192. 2022. 21153 10 Lin, Y.-H., Chen, C.-J., & Lin, B.-W. (2014). The roles of political and business ties in new ventures: Evidence from China. Asian Business & Management, 13(5), 411–440. Liu, Y., Lee, J. M., & Lee, C. (2020). The challenges and opportunities of a global health crisis: The management and business implications of COVID-19 from an Asian perspective. Asian Business & Management, 19(3), 277–297. Mahbubani, K. (2008). The case against the West: America and Europe in the Asian century. Foreign Affairs, 87(3), 111–124. Mahbubani, K. (2011). The not-so-surprising rise of China and India. Journal of International Affairs, 64(2), 221–226. Makkizadeh, F., & Sa’adat, F. (2017). Bibliometric and thematic analysis of articles in the field of infertility (2011–2015). International Journal of Reproductive BioMedicine, 15(11), 719–728. Malik, A., Pereira, V., Budwhar, P., Froese, F. J., Minbaeva, D., Sun, J., Nguyen, A. T., & Xue, S. (2022). Multilevel relational influences on HRM practices: A cross-country comparative reflective review of HRM practices in Asia. Asian Business & Management (forthcoming). Pattnaik, D., Kumar, S., & Burton, B. (2021). Thirty years of the Australian accounting review: A bibliometric analysis. Australian Accounting Review, 31(2), 150–164. Prakash, S., Kumar, S., Soni, G., Mahto, R. V., & Pandey, N. (2022). A decade of the international journal of lean six sigma: Bibliometric overview. International Journal of Lean Six Sigma, 13(2), 295–341. Rishiwal, V., & Kumar, G. (2016). Identifying Prominent Individuals or Groups in Terrorist Network Using Social Network Analysis and Investigative Data Mining. In A. Unal, M. Nayak, D. K. Mishra, D. Singh, & A. Joshi (Eds.), Smart Trends in Information Technology and Computer Communications. SmartCom 2016. Communications in Computer and Information Science (Vol. 628, pp. 788– 795). Springer. Sahoo, S. (2021). Big data analytics in manufacturing: a bibliometric analysis of research in the field of business management. International Journal of Production Research, 1–29.
689 Asian business andmanagement: review andfuture directions Sedighi, M. (2016). Application of word co-occurrence analysis method in mapping of the scientific fields (case study: The field of Informetrics). Library Review, 65(1/2), 52–64. Sekiguchi, T., Jintae Froese, F., & Iguchi, C. (2016). International human resource management of Japanese multinational corporations: Challenges and future directions. Asian Business & Management, 15(2), 83–109. Sharma, E. (2019). A review of corporate social responsibility in developed and developing nations. Corporate Social Responsibilty and Environment Management, 26, 712–720. Sureka, R., Kumar, S., Kumar Mangla, S., & Hourneaux Junior, F. (2020). Fifteen years of International Journal of Productivity and Performance Management (2004–2018). International Journal of Productivity and Performance Management, 70(5), 1092–1117. Varma, A., Kumar, S., Lim, W. M. M., & Pandey, N. (2022). Personnel review at age 50: a retrospective using bibliometric analysis. Personnel Review. https:// doi. org/ 10. 1108/ PR0520210313 Vázquez-Cano, E., Parra-González, M. E., Segura-Robles, A., & López-Meneses, E. (2022). The Negative Effects of Technology on Education: A bibliometric and topic modeling mapping analysis (2008–2019). International Journal of Instruction, 15(2), 37–60. Vega-Oliveros, D. A., Gomes, P. S., Milios, E., & Berton, L. (2019). A multi-centrality index for graphbased keyword extraction. Information Processing & Management, 56(6), 102063. Viglia, G., Kumar, S., Pandey, N., & Joshi, Y. (2022). Forty years of The Service Industries Journal: A bibliometric review. The Service Industries Journal, 42(1–2), 1–20. Waris, A., Naseer, M. M., Ahmad, S., Magid, I. M. A., Rahaman, M. S., & Peter, M. (2021). A comparison of bibliometric indicators for evaluating the top 100 Open Access Journals. Library Philosophy and Practice, 2021, 1–51. Worldbank. (2022). Retrieved October 5, 2022, from https:// www. world bank. org/ en/ news/ pressrelea se/ 2022/ 04/ 01/ lifti ng800milli onpeopleoutofpover tynewreportlooksatlesso nsfromchina-sexper ience. Wu, J., & Vahlne, J. E. (2022). Dynamic capabilities of emerging market multinational enterprises and the Uppsala model. Asian Business & Management. https:// doi. org/ 10. 1057/ s4129102000111-5 Publisher’s Note Springer Nature remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Fabian Jintae Froese is Chair Professor of Human Resource Management and Asian Business at the University of Goettingen, Germany, and Joint Appointment Professor of International Business at Yonsei University, South Korea. In addition, he is Editor-in-Chief of Asian Business & Management. On his YouTube channel: https:// www. youtu be. com/c/ ProfF abian Froese, he shares his insights on how to do research and write research articles. Ashish Malik is an Associate Professor, Head of the Management Discipline, and Workforce Resilience Cluster Leader at Newcastle Business School. In addition, he is an Associate Editor of Asian Business & Management. He has published in several FT 50, and ABDC-A*/A and ABS3/4 ranked journals, including HRM (US), BJM, IMM, HBR, MIT SMR, IJHRM, HRMR, JBR, among others. Satish Kumar is an Associate Professor in the Department of Management Studies at Malaviya National Institute of Technology, India and an Adjunct Professor at the School of Business, Swinburne University of Technology, Malaysia. As a leading bibliometric analysis expert, his research appears in numerous FT 50, ‘A*’ or ‘A’ journals, such as Contemporary Accounting Research, Review of Accounting Studies, British Journal of Management, European Financial Management, JBR, JSR. Saumyaranjan Sahoo is an Assistant Professor and Dean (Research) at Jaipuria Institute of Management, Jaipur. His current research interest lies in Industry 4.0, Smart Manufacturing, B2B Marketing Management, and Innovation Management. His work has been published in International Journal of Production Research, Journal of Manufacturing Technology Management, Technological Forecasting and Social Change, and Benchmarking—An International Journal, among others.