Applying Business Start-Up Model –The Case of the Youth Entrepreneurship in Tra Vinh, Vietnam

International Journal of Research and Scientific Innovation (IJRSI) | Volume VII, Issue IV, April 2020 | ISSN 2321–2705

Applying Business Start-Up Model –The Case of the Youth Entrepreneurship in Tra Vinh, Vietnam

Tran Loi¹, Le Nguyen Doan Khoi^2
1Ph.D. Student, Dean of Economics-Tourist faculty, Tra Vinh vocational College, Vietnam, Vietnam
²Associate Professor, Department of Scientific Research Affairs, Can Tho University, Vietnam

Abstract: – The aim of this paper is to apply the framework for youth entrepreneurship development in Tra Vinh province, Vietnam. This paper explores entrepreneurship from the perspective of youth intention for start-up business. Our findings show that youth entrepreneurship in Vietnam has gained more attention by the government in recent years, and youth entrepreneurship is considered as a way of enhancing economic development. The research results showed the entrepreneurial passion, business willingness, business experiences, business mental, business institution environment, entrepreneurial motivations, entrepreneurial education, entrepreneurial behavior, Entrepreneurial barriers are affected to the youth entrepreneurship intention in Tra Vinh province, Vietnam.

Keywords: Youth entrepreneurship, entrepreneurial behaviour, business start-up model

I. INTRODUCTION

Entrepreneurship research has primarily been concerned with the start-up of new firms. It has been traditionally viewed as individual-level activities related to creating new organizations. However, entrepreneurship has recently become accepted as a firm-level phenomenon (Teng, 2007). Entrepreneurship is relevant to managers irrespectively of the size and age of their organization. The notion of Corporate Entrepreneurship (CE) extends the idea of being bold, proactive and aggressive to established firms. It can be defined as “the sum of a company’s innovation, renewal and venturing efforts” (Zahra, 1995, p. 227). CE is defined as entrepreneurship activities within an existing organization.

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