Abstract
All organizations, during their life cycle, go through different stages. In the decline stage, businesses face several problems, such as a sharp decline in sales, income, profit, performance, and competition ability. To exit from the decline stage, companies must rejuvenate themselves, which is often a costly and time-consuming process accompanied by pain. However, the concept of organizational rejuvenation as a strategic entrepreneurial phenomenon is an old but almost unknown concept.
In this chapter, a systematic literature review based on the bibliometric method has been used. Out of 400,698 articles, 7257 articles were selected using the Web of Science (WoS) database. In this research, VOSviewer software (Visualizing Scientific Landscapes) was used to analyze the articles in the field of organizational rejuvenation and the other relevant scientific domains. According to the results of cooccurrence technique, seven clusters were identified as the seven dimensions of “organizational rejuvenation”: organizational restructuring, organizational capabilities development, organizational processes improvement, implantation of business turnaround strategies, internal corporate venturing, entrepreneurial leadership development, and business rebranding. The last four components are the theoretical contribution of this chapter. Finally, some research gaps were proposed for future research.
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Notes
- 1.
Keywords identified (1750 keywords) in the 7257 articles through VOSviewer automatic algorithm with threshold frequency = 15.
- 2.
Keywords selected (152 keywords) for the cluster analysis.
- 3.
Focusing on the processes of co-word analysis, the co-occurrence of two words in the same article is an indicator of how these two concepts are related to each other. A high frequency of these cooccurrences is a measure of similarity within papers that belong to a specific research theme (Castriotta et al., 2018).
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Bostani, A., Zali, M.R., Kordnaeij, A., Faghih, N. (2022). Reconceptualizing Organizational Rejuvenation as a Strategic Entrepreneurship Phenomenon: A Bibliometric Map Approach. In: Faghih, N., Forouharfar, A. (eds) Contextual Strategic Entrepreneurship . Contributions to Management Science. Springer, Cham. https://doi.org/10.1007/978-3-030-86028-8_2
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