• ISSN: 2301-3567
    • Frequency: Quarterly (2013-2014); Monthly (2015-2017); Quarterly (Since 2018)
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms. Mia Hu
    • Abstracting/ Indexing:  Electronic Journals Library, Ulrich's Periodicals Directory, MESLibrary, Google Scholar, and Crossref.
    • E-mail: joebm@ejournal.net
JOEBM 2016 Vol.4(12): 660-663 ISSN: 2301-3567
DOI: 10.18178/joebm.2016.4.12.469

The Factors Affecting the Success of Vietnam Entrepreneurs and the Lessons for Developing Countries

Van Ha Nguyen and Research Team
Abstract— Market economy in the trend of opening and integration brings opportunities and challenges for businesses. In a trend of movement and development in all fields of life, it requires that each entrepreneur must try hardly. The research summarizes the relevant theoretical and empirical research on the factors affecting the success of entrepreneurs in Vietnam and around the world. By using the methods of analysis - synthesis and econometrics, the authors conclude that 5 groups of factors affecting the success of Vietnam entrepreneurs: “characteristics & education”, “business conditions”, “social relations”, “family” and “luck”. The authors propose solutions to improve the capacity of entrepreneurs which enable them to contribute more to the development of the country.

Index Terms— Entrepreneurs, business conditions, success, characteristics & education.

Van Ha Nguyen is with the Banking Academy, Hanoi, Vietnam (e-mail: nguyenvanha303@gmail.com).
Research Team Members: Hai Yen Tran Thi, Tien Minh Cao, Hoang Anh Bui Thi, Hai Yen Phan Thi, Anh Lam Duong Thi.

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Cite: Van Ha Nguyen and Research Team, " The Factors Affecting the Success of Vietnam Entrepreneurs and the Lessons for Developing Countries," Journal of Economics, Business and Management vol. 4, no. 12, pp. 660-663, 2016.

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