Cultural values, market institutions, and entrepreneurship potential: A comparative study of the United States, Taiwan, and Vietnam

Journal of Developmental Entrepreneurship

Volumn 14, Issue 1, 2009, Pages 21-37

  Nguyen, Thang V ^a   Bryant, Scott E ^b   Rose, Jerman ^c   Tseng, Chiung Hui ^d   Kapasuwan, Supara ^e  

^a NATIONAL ECONOMICS UNIVERSITY   (Viet Nam)

^b MONTANA STATE UNIVERSITY   (United States)

^c WASHINGTON STATE UNIVERSITY   (United States)

^d NATIONAL CHENG KUNG UNIVERSITY   (Taiwan)

^e DHURAKIJ PUNDIT UNIVERSITY   (Thailand)

Author keywords

Culture; Entrepreneurship; Institutions; International

Indexed keywords

EID: 66949117076     PISSN: 10849467     EISSN: None     Source Type: Journal    
DOI: 10.1142/S1084946709001120     Document Type: Article

References (43)

1. Ahlstrom, D and G Bruton (2002). An institutional perspective on the role of culture in shaping strategic actions by technology-focused entrepreneurial firms in China. Entrepreneurship Theory and Practice 26(4), 53-69.
2. Aldrich, HE and CM Fiol (1994). Fools rush in? The institutional context of industry creation. The Academy of Management Review, 19(4), 645-670.
3. Begley, T and W Tan (2001). The socio-cultural environment for entrepreneurship: A comparison between East Asian and Anglo-Saxon countries. Journal of International Business Studies, 32(3), 537-553.
4. Boisot, M and J Child (1996). From fiefs to clans and network capitalism: Explaining China's emerging economic order. Administrative Science Quarterly, 41, 600-628.
5. Busenitz, L, C Gomez and J Spencer (2000). Country institutional profile: Unlocking entrepreneurial phenomena. Academy of Management Journal, 45(5), 994-1003.
6. Danna, L (1997). A contrast of Argentina and Uruguay: The effect of government policy on entrepreneurship. Journal of Small Business Management, 35(2), 99-104.
7. Davidsson, P (1997). Culture, structure and regional levels of entrepreneurship. Entrepreneurship and Regional Development, 7, 41-62.
8. Hayton, JC, G George and S Zahra (2002). National culture and entrepreneurship: A review of behavioral research. Entrepreneurship Theory and Practice, 26(4), 33-51.
9. Hofstede, G (1980). Cultures Consequences: International Differences in Work Related Values. Beverly Hills, CA: Sage.
10. Hofstede, G and M Bond (1988). The Confucius connection: From culture roots to economic growth. Organizational Dynamics, 16(4), 4-24.
11. Hoskisson, RE, L Eden, CM Lau and M Wright (2000). Strategy in emerging economies. Academy of Management Journal, 43(3), 249-267.
12. Krueger, N and DV Brazeal (1994). Entrepreneurial potential and potential entrepreneurs. Entrepreneurship Theory and Practice, 18(3), 91-104.
13. Le, HN and DA Rondinelli (1993). Small business development and economic transformation in Vietnam. Journal of Asian Business, 9, 1-23.
14. Low, MB and IC Macmillan (1988). Entrepreneurship: Past research and future challenge. Journal of Management, 14, 139-161.
15. McClelland, DC (1961). The Achieving Society. Princeton, NJ: Van Nostrand Reinhold.
16. McGrath, R and I MacMillan (1992). More like each other than anyone else? A cross-cultural study of entrepreneurial perceptions. Journal of Business Venturing, 7, 419-458.
17. Mueller, S and S Goic (2001). Entrepreneurial potential in transition economies: A view from tomorrow leaders. Journal of Developmental Entrepreneurship, 7(4), 399-414.
18. Nee, V (1992). Organizational dynamics of market transition: Hybrid forms, property rights, and mixed economy in China. Administrative Science Quarterly, 37(1), 1-27.
19. Nguyen, VT (2005). Learning to trust: A study of interfirm trust dynamics in Vietnam. Journal of World Business, 40(2), 203-221.
20. Nguyen, VT, THG Chu, and NK Napier, (2001). Entrepreneurial strategic orientation and environmental uncertainty: Vietnam's small and medium sized enterprises face the future. Journal of Asian Business, 17(3), 71-87.
21. North, D (1990). Institutions, Institutional Change and Economic Performance. Cambridge, MA: Cambridge University Press.
22. Peng, MW and PS Heath (1996). The growth of the firm in planned economies in transition: Institutions, organizations, and strategic choice. Academy of Management Review, 21(2), 492-528.
23. Peng, MW (2003). How entrepreneurs create wealth in transition economies. Academy of Management Executive, 15(1), 95-108.
24. Pye, L (1985). Asian Power and Politics: The Cultural Dimensions of Authority. Cambridge, MA: The Belknap Press of Harvard University.
25. Ralston, D, C Egri, S Stewart, R Terpstra and Y Kai-cheng (1999). Doing business in the 21st century with the new generation of Chinese managers: A study of generational shifts in work values in China. Journal of International Business Studies, 30(2), 415-457.
26. Ralston, D, D Holt, R Terpstra and Y Kai-cheng (1997). The impact of national culture and economic ideology on management work values: A study of the United States, Russia, Japan, and China. Journal of International Business Studies, 28(1), 177-206.
27. Ralston, D, VT Nguyen and NK Napier (1999). A comparative study of the work values of North and South Vietnamese managers. Journal of International Business Studies, 30(4), 655-672.
28. Redding, GS (1990). The Spirit of the Chinese Capitalism. New York: De Gruyter.
29. Saxenian, A, C-Y Li (2003). Bay-to-bay strategic alliances: The network linkages between Taiwan and the US venture capital industries. International Journal of Technology Management, 25(1/2), 136-150.
30. Schwartz, S (1999). Universals in the content and structure of values: Theoretical advances and empirical tests in 20 countries. In Advances in Experimental Social Psychology, MP Zana (ed.), pp. 1-65. San Diego, CA: Academic Press.
31. Schwartz, S (2003). Mapping and interpreting cultural differences around the world. In Comparing Cultures, Dimensions of Culture in a Comparative Perspective, H Vinken, J Soeters and P Ester (eds.). Leiden, The Netherlands: Brill.
32. Scott, R (1995). Institutions and Organizations. Thousand Oaks, CA: Sage.
33. Shane, S (1992). Why do some societies invent more than others? Journal of Business Venturing, 7, 29-46.
34. Shane, S (1993). Cultural influences on national rates of innovation. Journal of Business Venturing, 8, 59-73.
35. Tan, JJ (1996). Regulatory environment and strategic orientations: A study of Chinese private entrepreneurs. Entrepreneurship Theory and Practice, 21(1), 31-44.
36. Tan, JJ (2002). Culture, nation, and entrepreneurial strategic orientations: Implications for an emerging economy. Entrepreneurship Theory and Practice, 26(4), 95-111.
37. Thornton, P (1999). The sociology of entrepreneurship. Annual Review of Sociology, 25, 19-46.
38. Thomas, A and S Mueller (2000). A case for comparative entrepreneurship: Assessing the relevance of culture. Journal of International Business Studies, 31(2), 287-301.
39. Trandis, H, R Bpmtepo, M Bond, K Leung, A Brenes, J Georgas, H Hui, G Marin, B Setiadi, J Sinha, J Verma, J Spangenberg and H Germaine de Montmollin (1986). The measurement of the ethic aspects of individualism and collectivism across cultures. Australian Journal of Psychology 38(3), 257-267.
40. Truong, HQ, DD Phan and CM Nguyen (1997). Dai Cuong Lich Su Viet Nam (An Overview of Vietnamese History). Hanoi: The Education Publishing House (Nha Xuat Ban Giao Duc).
41. Tsang, E (1994). In search of legitimacy: The private entrepreneur in China. Entrepreneurship Theory and Practice, 21(1), 21-30.
42. Watchtel, P (1999). Entrepreneurship in the transition economies of Central and Eastern Europe. Journal of Business Venturing, 14, 417-425.
43. Zucker, LG (1986). Production of trust: Institutional sources of economic structure, 1840-1920. In Research in Organizational Behavior BM Staw and LL Cumming (eds.), (8), pp. 53-111. Greenwich, CT: JAI Press.