Based on social capital theory, the study explained the digital transformation process of startups in Vietnam. The primary object of this study is to examine the relationship between human capital, digital transformation, and firm performance of startups in Vietnam. The study applied Partial Least Squares Structural Model (PLS-SEM) with a sample size of 230 managers. The results demonstrated the positive relationships between human capital, digital transformation, and firm performance. The study explored digital transformation as a mediation mechanism between human capital and firm performance. The results provided some managerial implications for managers to focus on improving human capital in order to promote digital transformation and firm performance. This is an important strategy to help startups escape the crisis of Covid-19 pandemic. Finally, the study presented some limitations and directions for further research.
18 February 2023 in Management Systems in Production Engineering
Based on social network theory, the study explained the digital transformation process of startups in Vietnam during the outbreak of the COVID-19 pandemic. The study examined the relationship between social capital, human capital, access to resources, and digital transformation of startups in Vietnam. The study used Partial Least Squares - Structural Equation Modelling (PLS-SEM) with a sample size of 230 startups managers. The results show that there are positive and statistically significant relationships between social capital, human capital, access to resources, and digital transformation. The results also reveal the partial mediating roles of access to resources and human capital in the relationship between social capital and digital transformation. The results proposed some managerial implications for startups managers in building relationship networks with stakeholders such as government agencies and business partners (customers, competitors, suppliers, and providers of digital platform services). Through managers' social capital, accessible resources and the improvement of human capital have accelerated digital transformation for startups to escape the crisis of the COVID-19 pandemic. Finally, the study presented some limitations and directions for further research.
26 February 2024 in Management Systems in Production Engineering
This study is conducted to explain entrepreneurial support resources of firms based on social network theory in developing countries, the case of Vietnam. Partial Least Squares Structural Modeling (PLS-SEM) was conducted with a sample size of 220 entrepreneurs in SMEs. The results supported the positive link between formal and informal networks and entrepreneurial firm performance. Second, the study explored the partial mediating role of access to entrepreneurial resources between formal networks, informal networks, and entrepreneurial firm performance. In addition, the results also provide practical value to entrepreneurs in actively building relationship networking in the entrepreneurship ecosystem. Finally, the study proposed some implications for entrepreneurs, limitations, and further research.
30 July 2024 in International Journal of Sustainable Development and Planning
Purpose: This study examines the relationship between perceived intention (perceived feasibility and perceived desirability), goal and implementation intentions and entrepreneurial behavior of final-year students in Ho Chi Minh City, Binh Duong Province, Dong Nai Province and Ba Ria Vung Tau Province. Vietnamese schools and the government both provide support to students who desire to set up a business. Design/Methodology/Approach: The relationship between perceived intention (perceived feasibility and perceived desirability), goal, implementation intentions and entrepreneurial behavior was determined by the 368 students who have been starting the business using the AMOS-SEM estimation method.Findings: The result shows that perceived feasibility and perceived desirability have positively influenced goal and implementation intentions and goal and implementation intentions have positively impacted entrepreneurial behaviour. Conclusion: In this study, entrepreneurial behaviour is directly explained by two factors, namely goal and implementation intention. It is also indirectly defined by perceived feasibility and desirability. Practical Implications: The study’s findings have implications for both university and student policies. Entrepreneurial ideas and implementation intentions have an impact on behavior. Limitations: Convenient sampling in this study could potentially impact the accuracy of the outcomes in terms of representation. Contribution to Literature: This study extends the Event Entrepreneur model (EEM) by adding the implementation intention factor into the model.
1 September 2023 in Journal of Human, Earth, and Future
The success rate of start-up firms in Vietnam could be low 20.8%. To address this issue, improving start-up performance through technological innovation and business model innovation is crucial. The relationship between technological innovation, business model innovation (BMI), and start-up performance has yet to be widely examined in developing countries like Vietnam. This study employs Partial Least Squares Structural Equation Modeling (PLS-SEM) to analyze data from 425 entrepreneurs. The findings reveal that technological innovation has a positive impact on business model innovation and start-up performance; business model innovation also has a positive impact on start-up performance; and the study identifies the partial mediating role of business model innovation between technological innovation and start-up performance. The results have practical implications for entrepreneurs, start-up founders, and policymakers. It emphasizes investing in technological and business model innovations to improve start-up performance. Lastly, the study highlights some limitations and suggests future research directions. Doi: 10.28991/HEF-2023-04-03-01 Full Text: PDF