Previous studies have been silent on how institutional factors influence scientists’ entrepreneurial cognitions and behavior. Transition economies offer a unique opportunity for addressing this issue since different generations of scientists experienced vastly different ideology and management systems. Built on the entrepreneurial cognitions and contextualization views and interview data from scientists in Vietnam, this study found that scientists internalized institutional factors to form their motivations, partnership approaches, and behavioral competencies, which in turn influence their chosen modes of entrepreneurship. This suggests that new institutions which address younger generations and focus on developing entrepreneurial qualities are pertinent to promote commercialization in transition economies.

This study provides a fresh look at the SME sector's economic backbone visà-vis credit constraint dichotomy in Vietnam-Asia's rising economic star. The study uses data from the Survey of Manufacturing SMEs in Vietnam from 2005 to 2013 and adopts a two-step Heckman modelling strategy to single out firms with formal financing needs that are credit constrained. Results show that several characteristics-including firm size, investment, financial assets, leverage, equity, registration, gender of owner, age, and education-significantly affect the likelihood of either credit constraints or demand. The main results do not change even when the issue of endogeneity is dealt with. Particularly, we provide evidence that unobserved factors that increase the probability of debt demand also increase the probability of being constrained. Policy implications are discussed.

Studies of scientist entrepreneurship have recognized a diverse range of proself motivations but have largely ignored the role of prosocial motivation. As technology inventions often bring in high positive externality, we argue that prosocial motivation is important for scientist entrepreneurship and sustainable development. Drawing from motivated information processing theory we develop a model linking proself and prosocial motivation with scientist entrepreneurship. The hypotheses were tested based on survey data from a sample of Vietnamese scientists. The results show that both proself and prosocial motivation are positively associated with scientist entrepreneurship. However, the positive association between prosocial motivation and scientist entrepreneurship is lessened by proself motivation. This study calls for more attention to prosocial motivation in theory and policy development on scientist entrepreneurship.

Preferential loans play an important role in the process of reducing poverty in developing countries. Considering the data set from the 2010 Vietnam Household Living Standards Survey, we aim to examine the influential factors in probability of households getting access to preferential loans. Additionally, we analyze the determinants of household income in association with the loans by applying a quintile regression model. Our results show that ethnicity-related factors have the largest marginal effect on the access to preferential loans. The results from the quantile regression model demonstrate that, at the lower quantiles of household income, the debt factor has deeper impact on the borrowing group.

We examine the technical and scale efficiency of 30 Australian private health insurers during the period 2010–2017 using data envelopment analysis (DEA). We calculate industry pure technical efficiency of 91.6 percent and scale efficiency of 95.1 percent. We also employ a two‐stage DEA truncated bootstrapped regression to model efficiency on fund and policy factors. The results show that premium restrictions and risk equalisation policies, and fund characteristics like size, but not for‐profit/not‐for‐profit status, market share and leverage, exert significant effects. The findings suggest substantial scope for regulatory reform and structural change in the Australian private health insurance industry as a means of improving its efficiency.

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Commercialization of scientists’ inventions greatly contributes to the development of a country, yet the success ratio of this process is very low. Besides, research results on commercialization in developed countries are not readily applicable to Vietnam where the market institution has not been well functioning. This research examines the commercialization of scientists’ inventions in Vietnam (hereafter, scientist commercialization). The objectives are to identify factors that influence Vietnamese scientist commercialization. Drawing on networking, leadership, and motivation theories and data from a sample of scientists working at the Vietnam Academy of Science and Technology, the study shows that access to research funding, networking with businesses, leaders’ experience, and pecuniary and prosocial motivation are positively related to commercialization. The results shed light on the theoretical development of commercialization in developing countries. The research also discusses practical implications for promoting scientist commercialization in Vietnam.

Using secondary data from a socio‐economic quantitative household survey of the North Central region of Vietnam, the main aim of our study is to analyze the causal effect of forest resources on household income and poverty. Based on the observed characteristics of a forest‐based livelihood and forest‐related activities, we use a propensity score matching (PSM) method to control for potential bias arising from self‐selection. The PSM results indicate that households with a forest‐based livelihood had a higher level of income and lower poverty rates than did those without. Interestingly, our findings confirm that a forest‐based livelihood offers much higher income than any other type of livelihood adopted by local households. Also, the poverty rate among households with a forest‐based livelihood is lower than those earning non‐labor income or engaged in wage/crop and crop livelihoods. Among households and provinces, we find varying opportunities deriving from forest resources, suggesting that there are potential barriers hindering local households from pursuing a forest livelihood or participating in some forest activities. Therefore, government policy and regulations on forest management should focus on improving the access of households to forest resources, while enhancing the sustainability of these resources.