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Green Innovation, Green Entrepreneurship, and Vietnamese SME Development: The Role of Market Turbulence

In: Recent Developments in Vietnamese Business and Finance

Author

Listed:
  • Anh Tuan Doan
  • Tri Thanh Nguyen

Abstract

Micro, small, and medium enterprises (MSMEs) are a significant part of Vietnam’s national economy, contributing up to 40% of GDP. However, in today’s globalized world, competition in the marketplace is increasingly complex. Besides, the state is more concerned with environmental sustainability. Thus, Vietnamese enterprises, especially MSMEs or small-medium enterprises (SMEs) that want to stand up and develop, should pay attention to innovation by not only considering business opportunities but also the benefits of being environmentally friendly businesses. The goals of this study are to investigate the impact of green innovation (GI) on SME development (SMED) in turbulent market conditions with the mediation effect of green entrepreneurship (GE). Based on the research results, the study provides useful solutions to help SMEs develop and policymakers adjust their policies. The activating of SMEs’ activities in Ho Chi Minh City business corresponds to the demographic census of this study. A sample comprising 280 senior managers of SMEs is surveyed for the study. The questionnaire tool is used to measure the research variables. A 5-point Likert scale is used to measure the questionnaire. To test the hypotheses, the study uses the SEM method with the support of Amos software.

Suggested Citation

  • Anh Tuan Doan & Tri Thanh Nguyen, 2021. "Green Innovation, Green Entrepreneurship, and Vietnamese SME Development: The Role of Market Turbulence," World Scientific Book Chapters, in: Dong Phong Nguyen & Xuan Vinh Vo & Viet Tien Ho & Mai Dong Tran (ed.), Recent Developments in Vietnamese Business and Finance, chapter 15, pages 337-381, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811227158_0015
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    Cited by:

    1. Chen, Su & Shen, Wenbin & Qiu, Zhiqiang & Liu, Rongzhi & Mardani, Abbas, 2023. "Who are the green entrepreneurs in China? The relationship between entrepreneurs’ characteristics, green entrepreneurship orientation, and corporate financial performance," Journal of Business Research, Elsevier, vol. 165(C).

    More about this item

    Keywords

    Vietnam; Business; Finance; Economy; Economics; Banking; Gender Equality; Management; Business Research;
    All these keywords.

    JEL classification:

    • F2 - International Economics - - International Factor Movements and International Business
    • F3 - International Economics - - International Finance
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance

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