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    Dependence as strategy: extending resource dependence theory and clarifying its understanding of the strategic options of dependent firms
    (Emerald Group Publishing Ltd, 2023) Coskun, Recai; Ozturk, Oguzhan
    PurposeThis study aims to critically evaluate resource dependence theory's (RDT) assumptions and explanations about dependence and the dependent firm's strategic options. The authors argue that RDT's perception of dependence is problematic because it evaluates dependence as a purely negative situation in which all firms, by definition, seek to develop strategies to change the power structure of such relationships. On the contrary, the authors argue that there are situations in which dependent firms are in agreement with dependence and, therefore, develop strategies that do not aim to change the balance of power in the relationship, but rather to strengthen their position within the relationship.Design/methodology/approachThe research is designed as a theoretical discussion. The authors critically evaluate and discuss current understanding and assumptions about RDT's dependence explanations. Drawing on insights from the strategic management literature, the authors offer a new perspective on the problematic areas in the dependence explanations of the RDT.FindingsDrawing on insights from the strategic management literature, the authors argue that dependent firms enjoy certain advantages due to the dependence relationship to gain sustainable competitive advantages over their rivals and potential competitors. These advantages include factors such as increasing growth potential, developing capabilities and competencies, building relationships of trust with powerful firms and leveraging their reputations and references that contribute to the sustainable strategic advantages of dependent firms. The authors believe that this study has the potential to spur new research that further challenges the assumptions of the RDT and empirically tests its propositions.Originality/valueThe authors propose a research framework on dependence as a strategic option that has the possibility of expanding RDT's current dependence explanation.
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    How to design bibliometric research: an overview and a framework proposal
    (Springer Heidelberg, 2024) Ozturk, Oguzhan; Kocaman, Ridvan; Kanbach, Dominik K.
    Bibliometric analysis has recently become a popular and rigorous technique used for exploring and analyzing the literature in business and management. Prior studies principally focused on 'how to do bibliometric analysis', presenting an overview of the bibliometric methodology along with various techniques and step-by-step guidelines that can be relied on to rigorously conduct bibliometric analysis. However, the current body of evidence is limited in its ability to provide practical knowledge that can enhance the design and performance of bibliometric research. This claim is supported even by the fact that relevant studies refer to their work as 'bibliometric analysis' rather than 'bibliometric research'. Accordingly, we endeavor to offer a more functional framework for researchers who wish to design/conduct bibliometric research on any field of research, especially business and management. To do this, we followed a twofold way. We first outlined the main stages and steps of typical bibliometric research. Then, we proposed a comprehensive framework for specifying how to design/conduct the research and under what headings the relevant stages (step-by-step) will be used and/or presented. Thus, the current paper is expected to be a useful source to gain insights into the available techniques and guide researchers in designing/conducting bibliometric research.
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    Systematic and Bibliometric Review of Neuroeconomics and Neurofinance Research: Current Status, Thematic Trends, and Future Directions
    (Wiley, 2024) Bayramoglu, Gokberk; Ozturk, Oguzhan
    The aim of this study is to provide a systematic and bibliometric overview of neuroeconomics and neurofinance research. The study analyzes 507 articles published in peer-reviewed journals in the Web of Science (WoS) database spanning from 1994 to February 2024. The research is conducted in two phases; initially, a performance analysis, followed by a science mapping analysis. Through performance analysis, we pinpoint significant authors, notable journals, leading countries, and influential articles within these research fields. With the science mapping, we utilize co-citation, bibliographic coupling, and co-word analyses to uncover the thematic and intellectual framework of research in neuroeconomics and neurofinance. Overall, we reveal prominent research themes, including reward, decision-making under risk, value, game theory, and intertemporal choices. Classical decision-making theory divides the decision-making process into three interconnected stages: identifying options, evaluating them, and making a choice. The research themes we revealed through science mapping analysis constitute different aspects of the evaluation stage. Accordingly, our results suggest that neuroeconomics and neurofinance research has mainly concentrated on the evaluation stage (and, to a lesser extent, the choice stage with value theme), while the process of identifying options has been relatively understudied, despite its vital significance in less structured, real-world situations. Alongside revealing research themes, we ultimately spotlight research directions within neuroeconomics and neurofinance.