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The Vietnamese entrepreneurship paradox: how can entrepreneurs thrive without political and economic freedom?
- Source :
- Journal of Technology Transfer; Aug2022, Vol. 47 Issue 4, p1179-1197, 19p
- Publication Year :
- 2022
-
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 influence 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. [ABSTRACT FROM AUTHOR]
- Subjects :
- ECONOMIC liberty
BUSINESSPEOPLE
ENTREPRENEURSHIP
ECONOMIC change
PARADOX
Subjects
Details
- Language :
- English
- ISSN :
- 08929912
- Volume :
- 47
- Issue :
- 4
- Database :
- Complementary Index
- Journal :
- Journal of Technology Transfer
- Publication Type :
- Academic Journal
- Accession number :
- 157912204
- Full Text :
- https://doi.org/10.1007/s10961-021-09873-2