Entrepreneurship and Factors Affecting Entrepreneurial Decisions

Dang Van My and Nguyen Xuan Truong

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Abstract: In recent years, entrepreneurship has become an important topic in both academic and practice to find policies to promote entrepreneurship and contribute to economic development. This chapter first presents some arguments about entrepreneurship based on theoretical and practical approaches to entrepreneurship, digital entrepreneurship, and sustainable entrepreneurship. Second, the presentation of the survey results on factors affecting the business decisions of young entrepreneurs of Vietnam's generation Y. The results show that nine factors influence the business decisions of young entrepreneurs of the Y generation in Vietnam, such as entrepreneurial education, the background of the family, entrepreneurial ecosystem, knowledge, social valuation, opportunity perception, attitude, business performance, and purposeful entrepreneurial competence. The results highlight the role of entrepreneurship educated, social valuation, perceived opportunity, etc. Hence, to promote success in entrepreneurial entrepreneurship, strengthen entrepreneurial education, and proposed a strategy to complete the entrepreneurial ecosystem.

Keywords: entrepreneurial; digital entrepreneurship; entrepreneurial decision; factors affecting entrepreneurial decisions; entrepreneurial vietnamese (search for similar items in EconPapers)
JEL-codes: L26 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ito:pchaps:292373

DOI: 10.5772/intechopen.110196

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