The Vietnamese Entrepreneurship Paradox: How Can Entrepreneurs Thrive Without Political and Economic Freedom?

The Journal of Technology Transfer, (2021), 1-19.https://doi.org/10.1007/s10961-021-09873-2.

The University of Auckland Business School Research Paper Series

Posted: 18 Mar 2022

See all articles by David B. Audretsch

David B. Audretsch

Indiana University Bloomington - School of Public & Environmental Affairs (SPEA)

Antje Fiedler

University of Auckland Business School

Date Written: 2021

Abstract

Entrepreneurship and democracy are often considered complementary, but recent evidence points to a paradox that entrepreneurial activities have increased in undemocratic contexts. Exploring economic and political freedoms, this paper investigates the development of entrepreneurship in Vietnam, an economy characterised by low economic and very low political freedoms. It suggests changes in economic freedom over time infuence opportunity perceptions and activities more than absolute levels. We identify key aspects of how culture and institutions have changed, which have been conducive to entrepreneurship. Overall, we show how even small increases in economic freedom stimulate entrepreneurship, even in the absence of political freedom. Full paper available at https://doi.org/10.1007/s10961-021-09873-2

Keywords: Economic freedom, Political freedom, Democracy, Entrepreneurship, Vietnam

Suggested Citation

Audretsch, David B. and Fiedler, Antje, The Vietnamese Entrepreneurship Paradox: How Can Entrepreneurs Thrive Without Political and Economic Freedom? (2021). The Journal of Technology Transfer, (2021), 1-19.https://doi.org/10.1007/s10961-021-09873-2., The University of Auckland Business School Research Paper Series, Available at SSRN: https://ssrn.com/abstract=4056705

David B. Audretsch

Indiana University Bloomington - School of Public & Environmental Affairs (SPEA) ( email )

1315 East Tenth Street
Bloomington, IN 47405
United States

Antje Fiedler (Contact Author)

University of Auckland Business School

12 Grafton Rd
Private Bag 92019
Auckland, 1010
New Zealand

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