Entrepreneuship Barriers, A Case Study of Small and Medium Enterprises in some Typical Sectors, Evidence from Vietnam

Abstract

The research objective is to analyze the motivation, the process of approaching and the ecosystem of startup capacity development. Since identifying barriers and propose guidelines on how to approach the startups in accordance with the context of Vietnam. We methodologically coined these "motivation" and "barriers" and analyzed them in that order. Then examined entrepreneuship literature and built on variants of its theoretical insights to describe conceptual frameworks of how entrepreneuship focus firms motication deal with the barriers implications of the variables. Our frameworks also show how firms contextually and reactivelly through barriers in line with the variables. The survey sample was conducted on people who are 28 Vietnamese startup entrepreneurs covering main 4 sectors in the year 2016 and 2020. The findings illustrated that the quality of entrepreneuship has significant improvement, however, start-up individuals are not equipped necessary elements to start a business and it easily leads to failure. Meanwhile, the start-up ecosystem is quite completely formed but has not created a possitive effect. Since then, the study has given the guidelines which help individuals/enterprises build engines, suitable start-up approaches to the business environment of Vietnam, at the same time, it also recommend policies that help form components and connect them in the eco-system to develop start-up capacity which is accordance with the context of Vietnam.

Analysing the Barriers of Strategic Entrepreneurship: A DEMATEL Approach

“…Among the cause group barriers, low awareness of SE' is the biggest barrier to the adoption of strategic entrepreneurship. These findings are in line with those of Suong and Dien [73] and Chang and Wang [74]. In the context of Vietnam, Suong and Dien [73] also found that a lack of awareness of strategic entrepreneurship is a major barrier to its adoption.…”

“…These findings are in line with those of Suong and Dien [73] and Chang and Wang [74]. In the context of Vietnam, Suong and Dien [73] also found that a lack of awareness of strategic entrepreneurship is a major barrier to its adoption. Due to a lack of awareness, entrepreneurs may not find strategic entrepreneurship very lucrative [21].…”

The impact of entrepreneurship knowledge on students' e-entrepreneurial intention formation and the moderating role of technological innovativeness

“…The support and significant growth potential of the country mentioned above have created an attractive business environment to attract foreign investment and help potential entrepreneurs in Vietnam access many opportunities and start their innovative journey more smoothly. However, while those supports could effectively promote the desire of many people to start up, only a few have the capital, drive, and determination to make that idea a reality and successfully manage that startup (Suong & Dien, 2021;To & Le, 2021). This has led to the necessity for a research topic in e-entrepreneurship to provide empirical results and policy suggestions to improve morale and operational efficiency for creative businesses, not only in Vietnam but can also be considered and applied in other countries.…”