Theory and Measures Used in Addressing Agribusiness SMEs’ Sustainability: A Mapping Review of Recent Literatures
Journal Title: International Journal of Academic Research in Business and Social Sciences - Year 2017, Vol 7, Issue 7
Abstract
Small Medium Enterprises (SMEs) contribute much to local job security, agribusiness SMEs are even more important as they are responsible for food security too. Realising the importance of agribusiness SMEs, various entrepreneurial incentives are provided by policy makers. However, due to resource and knowledge constraint, they are facing high failure rate and sustainability issues. Lack of sector and scale specific study about business sustainability was found to be the reason for mishandled policy execution and adoption failure among agribusiness small firms. Thus, this review article has the aim to identify and group theories and measures used to address agribusiness SMEs sustainability in recent literatures. A total of 22 articles were selected upon screening and mapping review was conducted. As a result, theories involved in addressing agribusiness SMEs sustainability were institutional theory, resource based view (RBV), stakeholder theory and other theories. Sustainability measures also varies from brand loyalty, business performance, competitive advantage, corporate social responsibility (CSR), critical success factors, innovation, sustainable development and triple bottom lines (TBL). Thus, this finding is expected to provide summarised information on theories and measures used to address agribusiness SMEs sustainability in recent literatures to boost more sectors and scale specific studies in future.
Authors and Affiliations
Nalini Arumugam, Alageasan Dhayalan, Fakhrul Anwar Zainol, Bonaventure Boniface
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