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Multi-faceted insights of entrepreneurship facing a fast-growing economy: A literature review

Author

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  • Vuong Quan Hoang

    (Centre for Interdisciplinary Social Research, Phenikaa University, Hanoi 100803, Vietnam)

  • La Viet Phuong

    (Centre for Interdisciplinary Social Research, Phenikaa University, Hanoi 100803, Vietnam)

  • Vuong Thu Trang

    (Sciences Po Paris, 27 Rue Saint-Guillaume, 75007 Paris, France)

  • Hoang Phuong Hanh

    (Vietnam National Institute of Educational Sciences,Hanoi 100000, Vietnam)

  • Ho Manh Toan

    (Centre for Interdisciplinary Social Research, Phenikaa University, Hanoi 100803, Vietnam)

  • Ho Manh Tung

    (Centre for Interdisciplinary Social Research, Phenikaa University, Hanoi 100803, Vietnam; Institute of Philosophy, Vietnam Academy of Social Sciences, Hanoi 100000, Vietnam)

  • Nguyen Hong Kong To

    (Ritsumeikan Asia Pacific University, Beppu, OitaJapan; Centre for Interdisciplinary Social Research, Phenikaa University, Hanoi 100803, Vietnam)

Abstract

This study explores entrepreneurship research in Vietnam, a lower-middle-income country in Southeast Asia that has witnessed rapid economic growth since the 1990s but has nonetheless been absent in the relevant Western-centric literature. Using an exclusively developed software, the study presents a structured dataset on entrepreneurship research in Vietnam from 2008 to 2018, highlighting: low research output, low creativity level, inattention to entrepreneurship theories, and instead, a focus on practical business matters. The scholarship remains limited due to the detachment between the academic and entrepreneur communities. More important are the findings that Vietnamese research on entrepreneurship, still in its infancy, diverges significantly from those in developed and emerging economies in terms of their content and methods. These studies are contextualized to a large extent to reflect the concerns of a developing economy still burdened by the high financial and nonfinancial costs.

Suggested Citation

  • Vuong Quan Hoang & La Viet Phuong & Vuong Thu Trang & Hoang Phuong Hanh & Ho Manh Toan & Ho Manh Tung & Nguyen Hong Kong To, 2020. "Multi-faceted insights of entrepreneurship facing a fast-growing economy: A literature review," Open Economics, De Gruyter, vol. 3(1), pages 25-41, January.
  • Handle: RePEc:vrs:openec:v:3:y:2020:i:1:p:25-41:n:2
    DOI: 10.1515/openec-2020-0002
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