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The Cultural Dimensions of the Vietnamese Private Entrepreneurship

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  • Hoang, Vuong Quan
  • Dung, Tran Tri

Abstract

This paper examines the influence of cultural and socioeconomic factors on the growth of enterpreneurship in Vietnam. Traditional cultural values continue to have a strong impact on the Vietnamese society, and to a large extent adversely affect the entrepreneurial spirit of the community. Typical constraints private entrepreneurs face may have roots in the cultural facet as legacy of the Confucian society like relationship-based bank credit. Low quality business education is both a victim and culprit of the long-standing tradition that looks down on the role of private entrepreneurship in the country.

Suggested Citation

  • Hoang, Vuong Quan & Dung, Tran Tri, 2009. "The Cultural Dimensions of the Vietnamese Private Entrepreneurship," OSF Preprints j3ckt, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:j3ckt
    DOI: 10.31219/osf.io/j3ckt
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    References listed on IDEAS

    as
    1. Greenfield, Sidney M & Strickon, Arnold, 1981. "A New Paradigm for the Study of Entrepreneurship and Social Change," Economic Development and Cultural Change, University of Chicago Press, vol. 29(3), pages 467-499, April.
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