The Entrepreneurial Facets as Precursor to Vietnam’s Economic Renovation in 1986

The IUP Journal of Entrepreneurship Development, Vol. VIII, No. 4, pp. 6-47, December 2011

42 Pages Posted: 4 Sep 2012 Last revised: 4 May 2017

See all articles by Quan Hoang Vuong

Quan Hoang Vuong

Université Libre de Bruxelles (ULB) - Solvay Brussels School of Economics and Management; Phenikaa University

Dam Van Nhue

National Economics University (NEU)

Daniel van Houtte

DHVP Research

Tri Dung Tran

Dan Houtte, Vuong & Partners

Date Written: December 15, 2011

Abstract

This research, aims to develop a conceptual framework to assess the entrepreneurial properties of the Vietnamese reform, known as Doi Moi, even before the kickoff of Doi Moi policy itself. The authors argue that unlike many other scholars’ assertion, economic crisis and harsh realities were neither necessary nor sufficient conditions for the reform to take place, but the entrepreneurial elements and undertaking were, at least for the case of Vietnam’s reform. Entrepreneurial process, on the one hand, sought structural changes and kicked off innovation, and on the other hand, its induced outcome further invited changes and associated opportunities. The paper also concludes that an assessment of possibility for the next stage of Doi Moi should take into account the entrepreneurial factors of the economy and predict the emergence of new entrepreneurial facets in the next phase of economic development.

Suggested Citation

Vuong, Quan Hoang and Nhue, Dam Van and van Houtte, Daniel and Tran, Tri Dung, The Entrepreneurial Facets as Precursor to Vietnam’s Economic Renovation in 1986 (December 15, 2011). The IUP Journal of Entrepreneurship Development, Vol. VIII, No. 4, pp. 6-47, December 2011, Available at SSRN: https://ssrn.com/abstract=2141196

Quan Hoang Vuong

Université Libre de Bruxelles (ULB) - Solvay Brussels School of Economics and Management ( email )

ULB CP 145/01
21 Ave. F.D. Roosevelt
Brussels, Bruxelles 1050
Belgium
+32-2-6504864 (Phone)
+32-2-6504188 (Fax)

HOME PAGE: http://www.ceb-ulb.com/vuong-quan-hoang.html

Phenikaa University ( email )

To Huu road, Yen Nghia
Ha Dong district
Hanoi, Hanoi 100803
Vietnam

HOME PAGE: http://sites.google.com/site/vuongqh2019/

Dam Van Nhue

National Economics University (NEU) ( email )

207 Giai Phong Road
Hai Ba Trung District
Hanoi
Vietnam

Daniel Van Houtte

DHVP Research ( email )

Tri Dung Tran (Contact Author)

Dan Houtte, Vuong & Partners ( email )

Ha Noi
Vietnam
+84917278078 (Phone)

HOME PAGE: http://vebimo@wordpress.net

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