Contemporary Business Risks: An Overview and New Research Agenda

Risk-taking is a pivotal feature of entrepreneurship and business development. Poor management of business risk often leads to the loss of competitiveness with the consequence of business failure, and in contrast, it improves business sustainability when risks are managed effectively. In this editorial, we present an overview of the literature on conventional business risks and new emerging risk with an attempt to clarify some key issues on the subject. This introduction depicts an illumination of the papers included in the special issue on ‘contemporary business risks’ and highlights several novel ideas, emerging trends and uncharted territories for future research.