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http://ssrn.com/abstract=1442384
 
 

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The Cultural Dimensions of the Vietnamese Private Entrepreneurship


Quan Hoang Vuong


Solvay Brussels School of Economics and Management, Centre Emile Bernheim (University of Brussels); DHVP Economics

Tri Dung Tran


DHVP Research & Consultancy

December 15, 2009

The IUP Journal of Entrepreneurship and Development, Vol. VI, No. 3 & 4, pp. 54-78. The Icfai University Press, September-December 2009

Abstract:     
This paper examines the influence of cultural and socioeconomic factors on the growth of enterpreneurship in Vietnam. Traditional cultural values continue to have a strong impact on the Vietnamese society, and to a large extent adversely affect the entrepreneurial spirit of the community. Typical constraints private entrepreneurs face may have roots in the cultural facet as legacy of the Confucian society like relationship-based bank credit. Low quality business education is both a victim and culprit of the long-standing tradition that looks down on the role of private entrepreneurship in the country.

Number of Pages in PDF File: 25

Keywords: Culture, Confucian values, Confucianism, Entrepreneurship, Market economy, Rent seeking, Vietnam

JEL Classification: A14, E00, L14, L26, M21, P20, P31, Z10, Z13

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Date posted: August 2, 2009 ; Last revised: August 22, 2010

Suggested Citation

Vuong, Quan Hoang and Tran, Tri Dung, The Cultural Dimensions of the Vietnamese Private Entrepreneurship (December 15, 2009). The IUP Journal of Entrepreneurship and Development, Vol. VI, No. 3 & 4, pp. 54-78. The Icfai University Press, September-December 2009. Available at SSRN: http://ssrn.com/abstract=1442384 or http://dx.doi.org/10.2139/ssrn.1442384

Contact Information

Quan Hoang Vuong (Contact Author)
Solvay Brussels School of Economics and Management, Centre Emile Bernheim (University of Brussels) ( email )
ULB CP 145/01
21 Ave. F.D. Roosevelt
Brussels 1050
Belgium
+32-2-6504864 (Phone)
+32-2-6504188 (Fax)
HOME PAGE: http://www.solvay.edu/EN/Research/Bernheim/
DHVP Economics ( email )
49 Nguyen Hong
Dong Da District
Hanoi, Hanoi
Vietnam
+84-4-37738654 (Phone)
+84-4-37738653 (Fax)
HOME PAGE: http://www.vietnamica.net
Tri Dung Tran
DHVP Research & Consultancy ( email )
49 Nguyen Hong
Dong Da
Ha Noi
Vietnam
84-4-37738653 (Phone)
84-4-37738654 (Fax)
HOME PAGE: http://www.vietnamica.net
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