It Takes Two to Tango: Entrepreneurship and Creativity in Troubled Times — Vietnam 2012
Sociology Study, Volume 2, Number 9, pages 662-674, 2012
13 Pages Posted: 15 Jan 2013
Date Written: September 30, 2012
Abstract
This study focuses on perceived values of entrepreneurship and creativity within a turbulent environment. The initial hypothesis is that a typical entrepreneurial process carries with its “creativity-enabling elements”. In a normal situation, businesses focus on optimizing their resources for commercial gains, thus perceptions about values of entrepreneurial creativity are usually vague. However, in difficult times, the difference between survival and failure may be creativity. This paper examines many previous findings on entrepreneurship and creativity, and suggests a highly possible “organic growth” of creativity in an entrepreneurial environment and reinforcing value of entrepreneurship when creativity power is present.
In other words, the authors see each idea reinforcing the other. The authors survey Vietnamese firms during the chaotic year of 2012 to learn about the entrepreneurship‐creativity nexus”, looking at influential cultural values, namely risk tolerance, relationship, and dependence on resources — to assess how they influence entrepreneurial decisions. A set of 137 qualified responses was obtained for this statistical examination. A categorical data analysis is performed to confirm that creativity and entrepreneurial spirit could hardly be separate, for both entrepreneurial and accomplished companies. Although the most important factor during implementation is still “relationship”, business people are increasingly aware of the need of creativity/innovation in troubled times.
Keywords: entrepreneurship, creativity, transition economy, business relationship, Vietnam
JEL Classification: P27, O31, O12, M21
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
Recommended Papers
-
The Cultural Dimensions of the Vietnamese Private Entrepreneurship
By Quan Hoang Vuong and Tri Dung Tran
-
The Vietnamese Corporate Bond Market: An Early Exploration into the 1992-1999 Period
-
The Vietnam's Transition Economy and its Fledgling Financial Markets: 1986-2003
-
Policy Impacts on Vietnam Stock Market: A Case of Anomalies and Disequilibria 2000-2006
By Quan Hoang Vuong, Andre Farber, ...
-
Financial Turbulences in Vietnam’s Emerging Economy: Transformation over 1991-2008 Period
By Quan Hoang Vuong and Tri Dung Tran
-
By Bang Nam Jeon and Byeongseon Seo
-
By Norman Loayza, César A. Calderón, ...