Acculturation and global mindsponge: An emerging market perspective

Vuong, Quan‐Hoang; Napier, Nancy K.

doi:10.1016/j.ijintrel.2015.06.003

Cited by 425 publications

(460 citation statements)

References 32 publications

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“…However higher aspiration of resources is not necessarily associated with achievement of sales, but rather related to ambitions (Bosma et al, 2009). The determining of early strategic tasks thus becomes both difficult and critical while not many entrepreneurs believe in the value of their "homework" such as preparing a best available business plan (Davidsson, 2006;Vuong & Napier, 2015). Even the value of formation of entrepreneurial teams -which is key to sustained growth -is not obvious (Vyakarnam, Jacobs & Handelberg, 1999).…”

Section: A Brief Literature Reviewmentioning

confidence: 99%

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Resources, Experience and Perseverance in Entrepreneurs' Perceived Likelihood of Success in an Emerging Economy

Vuong

Do²,

Vuong

2016

SSRN Journal

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This paper introduces new results obtained from a statistical investigation into a 3071-observation data set collected from a Vietnamese nationwide entrepreneurship survey. From established relationships, such factors as preparedness, financial resources and participation in social networks are confirmed to have significant effects on entrepreneurial decisions. Entrepreneurs, both financially constrained and unconstrained, who have a business plan tend to start their entrepreneurial ventures earlier. Also, financial constraints have a profound impact on the entrepreneurial decisions. When perceiving the likelihood of success to be high, an entrepreneur shows the tendency for prompt action on business ideas. But when seeing the risk of prolonging the waiting time to first revenue, a prospective entrepreneur would be more likely to wait for more favorable conditions despite the vagueness of "favorable". Additionally, empirical computations indicate that there is a 41.3% probability that an extant entrepreneur who is generating revenue sees high chance of success. Past work and entrepreneurial experiences also have positive impacts on both the entrepreneurial decisions and perceived chance of success. Abstract:This paper introduces new results obtained from a statistical investigation into a 3071-observation data set collected from a Vietnamese nationwide entrepreneurship survey. From established relationships, such factors as preparedness, financial resources and participation in social networks are confirmed to have significant effects on entrepreneurial decisions. Entrepreneurs, both financially constrained and unconstrained, who have a business plan tend to start their entrepreneurial ventures earlier. Also, financial constraints have a profound impact on the entrepreneurial decisions. When perceiving the likelihood of success to be high, an entrepreneur shows the tendency for prompt action on business ideas. But when seeing the risk of prolonging the waiting time to first revenue, a prospective entrepreneur would be more likely to wait for more favorable conditions despite the vagueness of "favorable". Additionally, empirical computations indicate that there is a 41.3% probability that an extant entrepreneur who is generating revenue sees high chance of success. Past work and entrepreneurial experiences also have positive impacts on both the entrepreneurial decisions and perceived chance of success.

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Section: A Brief Literature Reviewmentioning

confidence: 99%

“…That is why early planning is so important (Dimov, 2010;Vuong & Napier, 2015). In Dimov's (2010) evidence from the Panel Study of Entrepreneurial Dynamics (PSED) data, both entrepreneurial experience and early planning have indirect effects on venture emergence.…”

Section: A Brief Literature Reviewmentioning

confidence: 99%

Resources, Experience and Perseverance in Entrepreneurs' Perceived Likelihood of Success in an Emerging Economy

Vuong

Do²,

Vuong

2016

SSRN Journal

Self Cite

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“…Another aspect that may affect transition economies in particular (and as Cuba becomes more open for study it could be an earlier stage site to examine) is the question of what the country gains and loses as its economy changes (Vuong & Napier 2015). The examples of increased pollution with the rise of vehicles and industrial production is highly evident in China and is becoming more prevalent in Vietnam.…”

Section: Resultsmentioning

confidence: 99%

Creativity and Entrepreneurial Efforts in an Emerging Economy

Vuong¹,

Napier²,

Hang³

et al. 2016

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“…Many famous researchers have used the technique: think of the double helix, the solar system, the "black swan" or the "invisible gorilla". We have begun to use more visuals ourselves, including recently the notion of a "mindsponge" to represent the process of squeezing out ideas and bringing new ones to the surface 5 . Visualisations help us understand and remember.…”

Section: Aha Moment #3: Identifying a Key Lessonmentioning

confidence: 99%

Academic research: the difficulty of being simple and beautiful

2017

ESE

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Acculturation and global mindsponge: An emerging market perspective

Cited by 425 publications

References 32 publications

Resources, Experience and Perseverance in Entrepreneurs' Perceived Likelihood of Success in an Emerging Economy

Resources, Experience and Perseverance in Entrepreneurs' Perceived Likelihood of Success in an Emerging Economy

Creativity and Entrepreneurial Efforts in an Emerging Economy

Academic research: the difficulty of being simple and beautiful

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