Historical Institutional Differences and Entrepreneurship: Socialist Legacy in Vietnam
We study the case of Vietnam to assess the long-lasting role of institutional and historical legacy on entrepreneurial outcomes. In particular, we investigate the detrimental effect of socialist institutions on entrepreneurship. Vietnam offers a unique quasi-experimental setting because the country...
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| Định dạng: | Journal article |
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Senate Hall Academic Publishing
2022
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| Truy cập trực tuyến: | http://scholar.dlu.edu.vn/handle/123456789/865 |
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oai:scholar.dlu.edu.vn:123456789-8652022-08-29T23:25:11Z Historical Institutional Differences and Entrepreneurship: Socialist Legacy in Vietnam Nguyễn, Thị Lành Fisch, Christian Wyrwich, Michael Block, Jörn socialism, Vietnam, institutions, entrepreneurship intention, entrepreneurship education, takeover vs. new venture startup We study the case of Vietnam to assess the long-lasting role of institutional and historical legacy on entrepreneurial outcomes. In particular, we investigate the detrimental effect of socialist institutions on entrepreneurship. Vietnam offers a unique quasi-experimental setting because the country was divided into the socialist North and the nonsocialist South for a relatively short period of two decades. After reunification, the South adopted the institutional framework conditions of the North. To assess the relationship between socialist history and entrepreneurship in this unique setting, we survey more than 3,000 North and South Vietnamese individuals more than four decades after the reunification of the country. We find that North Vietnamese respondents have lower entrepreneurship intentions, are less likely to select into entrepreneurship education programs, and are less willing to engage in a business takeover. These patterns indicate the persistence of historical differences in institutional framework conditions on entrepreneurship. We conclude by outlining the implications of a socialist legacy for entrepreneurship theory and policymakers. 19 4 1-24 2022-08-28T20:06:48Z 2022-08-28T20:06:48Z 2021 Journal article Bài báo đăng trên tạp chí thuộc SCOPUS, bao gồm book chapter http://scholar.dlu.edu.vn/handle/123456789/865 en International Review of Entrepreneurship Academy of Management Senate Hall Academic Publishing Senate Hall Academic Publishing |
| institution |
Thư viện Trường Đại học Đà Lạt |
| collection |
Thư viện số |
| language |
English |
| topic |
socialism, Vietnam, institutions, entrepreneurship intention, entrepreneurship education, takeover vs. new venture startup |
| spellingShingle |
socialism, Vietnam, institutions, entrepreneurship intention, entrepreneurship education, takeover vs. new venture startup Nguyễn, Thị Lành Fisch, Christian Wyrwich, Michael Block, Jörn Historical Institutional Differences and Entrepreneurship: Socialist Legacy in Vietnam |
| description |
We study the case of Vietnam to assess the long-lasting role of institutional and historical legacy on entrepreneurial outcomes. In particular, we investigate the detrimental effect of socialist institutions on entrepreneurship. Vietnam offers a unique quasi-experimental setting because the country was divided into the socialist North and the nonsocialist South for a relatively short period of two decades. After reunification, the South adopted the institutional framework conditions of the North. To assess the relationship between socialist history and entrepreneurship in this unique setting, we survey more than 3,000 North and South Vietnamese individuals more than four decades after the reunification of the country. We find that North Vietnamese respondents have lower entrepreneurship intentions, are less likely to select into entrepreneurship education programs, and are less willing to engage in a business takeover. These patterns indicate the persistence of historical differences in institutional framework conditions on entrepreneurship. We conclude by outlining the implications of a socialist legacy for entrepreneurship theory and policymakers. |
| format |
Journal article |
| author |
Nguyễn, Thị Lành Fisch, Christian Wyrwich, Michael Block, Jörn |
| author_facet |
Nguyễn, Thị Lành Fisch, Christian Wyrwich, Michael Block, Jörn |
| author_sort |
Nguyễn, Thị Lành |
| title |
Historical Institutional Differences and Entrepreneurship: Socialist Legacy in Vietnam |
| title_short |
Historical Institutional Differences and Entrepreneurship: Socialist Legacy in Vietnam |
| title_full |
Historical Institutional Differences and Entrepreneurship: Socialist Legacy in Vietnam |
| title_fullStr |
Historical Institutional Differences and Entrepreneurship: Socialist Legacy in Vietnam |
| title_full_unstemmed |
Historical Institutional Differences and Entrepreneurship: Socialist Legacy in Vietnam |
| title_sort |
historical institutional differences and entrepreneurship: socialist legacy in vietnam |
| publisher |
Senate Hall Academic Publishing |
| publishDate |
2022 |
| url |
http://scholar.dlu.edu.vn/handle/123456789/865 |
| _version_ |
1768305875237208064 |