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Entrepreneurship and Factors Affecting Entrepreneurial Decisions

In: Entrepreneurship - New Insights

Author

Listed:
  • Dang Van My
  • Nguyen Xuan Truong

Abstract

In recent years, entrepreneurship has become an important topic in both academic and practice to find policies to promote entrepreneurship and contribute to economic development. This chapter first presents some arguments about entrepreneurship based on theoretical and practical approaches to entrepreneurship, digital entrepreneurship, and sustainable entrepreneurship. Second, the presentation of the survey results on factors affecting the business decisions of young entrepreneurs of Vietnam's generation Y. The results show that nine factors influence the business decisions of young entrepreneurs of the Y generation in Vietnam, such as entrepreneurial education, the background of the family, entrepreneurial ecosystem, knowledge, social valuation, opportunity perception, attitude, business performance, and purposeful entrepreneurial competence. The results highlight the role of entrepreneurship educated, social valuation, perceived opportunity, etc. Hence, to promote success in entrepreneurial entrepreneurship, strengthen entrepreneurial education, and proposed a strategy to complete the entrepreneurial ecosystem.

Suggested Citation

  • Dang Van My & Nguyen Xuan Truong, 2023. "Entrepreneurship and Factors Affecting Entrepreneurial Decisions," Chapters, in: Muhammad Mohiuddin & Mohammad Nurul Hasan Reza & Elahe Hosseini & Slimane Ed-Dafali (ed.), Entrepreneurship - New Insights, IntechOpen.
    • Handle: RePEc:ito:pchaps:292373
    DOI: 10.5772/intechopen.110196
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    More about this item

    Keywords

    entrepreneurial; digital entrepreneurship; entrepreneurial decision; factors affecting entrepreneurial decisions; entrepreneurial vietnamese;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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