Title: Relationship between past experience, social network participation and innovative capacity: Vietnamese entrepreneurship in transition
Authors: Quan-Hoang Vuong; Quang-Hoi Vu; Thu-Trang Vuong
Université Libre de Bruxelles, 50 Ave F.D. Roosevelt, Brussels 1050, Belgium; FPT University, VAS-FSB Building, My Dinh 1, Tu Liem, Hanoi, Vietnam
Bitexco Group and Quang-Vu-Hung Hoi (Foundation), The Manor Towers, Me Tri, Tu Liem, Hanoi 100000, Vietnam
Sciences Po Paris – Campus de Dijon, 14 Ave. Victor Hugo, 21000 Dijon, France
Abstract: The notions of entrepreneurship and creativity in developed economies, despite having gained attention among researchers, remain embryonic in numerous emerging economies. Being focused on entrepreneurs in a typical transitional and emerging market economy, Vietnam, this paper aims to empirically explore the influence that past entrepreneurial efforts may exert on the perceptions of entrepreneurs about their own creative performance. The study also seeks to understand how entrepreneur's social networks contribute to perceived innovative capacity by entrepreneurs who participate in those societies. The empirical research results suggest that entrepreneurs with business experience and active networking engagement are more likely to believe in their own innovative capacity. The knowledge and insights in turn offer some implications for addressing the lack of radical innovation among Vietnamese entrepreneurs.
Keywords: innovation; entrepreneurship; transition economy; Vietnam.
Int. J. of Transitions and Innovation Systems, 2016 Vol.5, No.3/4, pp.299 - 313
Submission date: 27 Oct 2016
Date of acceptance: 24 Nov 2016
Available online: 10 Apr 2017