Examining Personal Values and Entrepreneurial Motives of Vietnamese Entrepreneurs in the 21st Century: Two Empirical Studies

Nguyen, Hannah-Hanh Dung; Nguyen, Nhung X.

doi:10.1163/156921008x318709

Cited by 9 publications

(5 citation statements)

References 14 publications

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“…Apparently, the context does not a play a role for starting business, be it Africa versus the western world and be it developing world versus developed world. Thus, our findings provided evidence for the notion that some of the personal characteristics which influence the growth of SMEs are universal across countries or cultures (see also Nguyen and Nguyen, 2008). This argument also corresponds to Mitchell et al (2000) who asserted that many of the entrepreneurial tasks tend to be similar across countries; as a result, there may be similarities in the characteristics of entrepreneurs across countries.…”

Section: Discussionsupporting

confidence: 80%

Owner-manager motives and the growth of SMEs in developing countries

Isaga

Masurel²,

Montfort

2015

Journal of Entrepreneurship in Emerging Economies

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Purpose – This paper aims to contribute to the understanding of the motives of individuals in Tanzania to start their own businesses on the one hand and the growth of their firms on the other hand. Design/methodology/approach – A survey method was used to gather data from 300 small business owners and managers located in selected cities in Tanzania. Multiple regression analysis was conducted to analyse the relationship between the motivation to start an own business on the one hand and firm growth on the other hand. Three indicators for growth, namely, employment, sales and assets, were used to measure growth. Findings – The results suggest that that pull factors are more important to start the businesses than push factors. This contradicts the common opinion and previous research that push factors are more important than pull factors in developing countries. Furthermore, the study found that pull factors are positively related to firm, whereas push factors are negatively related to firm growth. Research limitations/implications – It should be noted that while this paper makes a number of contributions, there are some limitations that should be considered when interpreting the results. For instance, the data for this study were collected from only one type of business, i.e. the furniture industry (in Tanzania). Accordingly, we do not know the applicability of these findings to other businesses in other sectors. Therefore, future research should include businesses in other sectors to ascertain if the present findings are specific to the furniture business only or are applicable to other businesses as well. Practical implications – Our findings indicate that there are differences in motivations among owner-managers in starting the business and subsequent firm performance. Therefore, individuals need different forms of support depending on the level of development of their business, as well as their motivation. For example, we have seen that the presence of role models has a significant effect on business growth. Therefore, the government might consider using the media and other mechanisms to feature stories about successful entrepreneurs. Originality/value – The authors extend the findings of previous studies that investigate the owner-manager motives and small and medium-sized enterprises (SMEs) growth in developed economy settings, but neglected emerging economies. The study also contradicts the common opinion and previous research that push factors are more important than pull factors in developing countries.

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Section: Discussionsupporting

confidence: 80%

Owner-manager motives and the growth of SMEs in developing countries

Isaga

Masurel²,

Montfort

2015

Journal of Entrepreneurship in Emerging Economies

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“…Mixed-methods research is based on the idea of heightened understanding through methodological triangulation. In line with the structuration of Turner et al (2017) and previous studies (Dyer and Hatch, 2006;Nguyen and Nguyen, 2008), our study uses a combination of an initial quantitative survey-based study with subsequent interview-based case studies to enable convergent triangulation for which multiple methods are used to assess whether convergent results are observed across the methods. Specifically, we adopt the approach of Angwin and Meadows (2015) who combine a quantitative survey-based cluster analysis to identify a robust taxonomy with qualitative interviews to provide a deeper understanding of the particular clusters.…”

Section: Methodsmentioning

confidence: 99%

BUSINESS MODEL RECONFIGURATION AND INNOVATION IN SMEs: A MIXED-METHOD ANALYSIS FROM THE ELECTRONICS INDUSTRY

Clauß

Bouncken

Laudien

et al. 2019

Int. J. Innov. Mgt.

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Previous studies often assume that business model innovation (BMI) is reflected in an entrepreneurial business model design. We assume that business model reconfiguration (BMR) takes place in more nuanced types and does not always lead to (radical) BMI. By undertaking a mixed methods study with 213 respectively 16 SMEs from the electronic industry, we uncover six basically different types of BMRs and discuss their performance implications. By this, we shape the current understanding of BMR and shed light on variety and implications of different types of BMRs. Our configuration study indicates that firms achieve superior performance when implementing a radically new business model reflected in a new configuration of all three components of the business model: value creation, value proposition, and value capture. Second, BMR can take place in types where only some parts of the business model are extensively changed, while others are only slightly adapted.

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“…In addition, Nguyen and Nguyen (2008) provide a good example of convergent and holistic triangulation in their study of Vietnamese entrepreneurs. The researchers were interested in examining the psychological values and motivations for establishing a new business, with particular interest in understanding differences between Vietnamese and Western entrepreneurs.…”

Section: Linking Of Methodologies In Convergent and Holistic Triangulmentioning

confidence: 99%

Research Design for Mixed Methods

Turner

Cardinal

Burton

2016

Organizational Research Methods

243

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All methods individually are flawed, but these limitations can be mitigated through mixed methods research, which combines methodologies to provide better answers to our research questions. In this study, we develop a research design framework for mixed methods work that is based on the principles of triangulation. Core elements for the research design framework include theoretical purpose, i.e., theory development and/or theory testing; and methodological purpose, i.e., prioritizing generalizability, precision in control and measurement, and authenticity of context. From this foundation, we consider how the multiple methodologies are linked together to accomplish the theoretical purpose, focusing on three types of linking processes: convergent triangulation, holistic triangulation, and convergent and holistic triangulation. We then consider the implications of these linking processes for the theory at hand, taking into account the following theoretical attributes: generality/specificity, simplicity/complexity, and accuracy/inaccuracy. Based on this research design framework, we develop a roadmap that can serve as a design guide for organizational scholars conducting mixed methods research studies.

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Examining Personal Values and Entrepreneurial Motives of Vietnamese Entrepreneurs in the 21st Century: Two Empirical Studies

Cited by 9 publications

References 14 publications

Owner-manager motives and the growth of SMEs in developing countries

Owner-manager motives and the growth of SMEs in developing countries

BUSINESS MODEL RECONFIGURATION AND INNOVATION IN SMEs: A MIXED-METHOD ANALYSIS FROM THE ELECTRONICS INDUSTRY

Research Design for Mixed Methods

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