The Entrepreneurial Facets as Precursor to Vietnam's Economic Renovation in 1986

This research, aims to develop a conceptual framework to assess the entrepreneurial properties of the Vietnamese reform, known as Doi Moi, even before the kickoff of Doi Moi policy itself. The authors argue that unlike many other scholars' assertion, economic crisis and harsh realities were nei...

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Bibliographic Details
Published inICFAI journal of entrepreneurship development Vol. 8; no. 4; p. 6
Main Authors Hoang, Vuong Quan, Van Nhue, Dam, van Houtte, Daniel, Dung, Tran Tri
Format Journal Article
LanguageEnglish
Published Hyderabad IUP Publications 01.12.2011
Subjects
Agricultural production
Economic development
Economic history
Economic reform
Entrepreneurs
Entrepreneurship
International trade
Manufacturing
Political parties
Private enterprise
State budgets
Statistical analysis
Studies
Vietnam
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Summary:This research, aims to develop a conceptual framework to assess the entrepreneurial properties of the Vietnamese reform, known as Doi Moi, even before the kickoff of Doi Moi policy itself. The authors argue that unlike many other scholars' assertion, economic crisis and harsh realities were neither necessary nor sufficient conditions for the reform to take place, but the entrepreneurial elements and undertaking were, at least for the case of Vietnam's reform. Entrepreneurial process, on the one hand, sought structural changes and kicked off innovation, and on the other hand, its induced outcome further invited changes and associated opportunities. The paper also concludes that an assessment of possibility for the next stage of Doi Moi should take into account the entrepreneurial factors of the economy and predict the emergence of new entrepreneurial facets in the next phase of economic development. [PUBLICATION ABSTRACT]
ISSN:0973-2659