Transnational experience and high-performing entrepreneurs in emerging economies: evidence from Vietnam

Klingler-Vidra, Robyn, Tran, Ba Linh and Chalmers, Adam William (2021) Transnational experience and high-performing entrepreneurs in emerging economies: evidence from Vietnam. Technology in Society, 66. ISSN 0160-791X

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Abstract

Do high-performing entrepreneurs in the technology sector in emerging economies have more, or different, transnational experience than the founders of high-performing non-technology businesses? Employing Vietnam as a case study, we find that they do; the founders of high-performing technology-oriented businesses are 15 times more likely to have transnational experience in the U.S. compared to their non-technology peers, and are 35 times more likely to be graduates of American universities compared to founders of high-performing, non-technology-oriented business. The founders of high-performing non-technology businesses are more ‘place-based’, as they have predominantly lived and studied in Vietnam. Our data and methods are comprised of a logistic regression analysis of the biographical details of Vietnam's 143 highest-performing entrepreneurs; the founders of the 76 Vietnam's (non-technology-based) companies with the highest market capitalizations and the 67 founders of Vietnam's highest performing technology-oriented companies, in terms of private equity fundraising, as of April 2020. The paper's theoretical contribution is the advance it makes in analytical explanations of why technology-based entrepreneurs have more transnational experience, especially in the U.S., than high-performing founders of businesses in other sectors; this helps extend theory on the relationship between social and human capital and entrepreneurial performance, specifically in the technology sector.

Item Type:	Article
Official URL:	https://www.sciencedirect.com/journal/technology-i...
Additional Information:	© 2021 The Authors
Divisions:	International Development
Subjects:	H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HM Sociology
Date Deposited:	03 Jun 2021 08:45
Last Modified:	23 Nov 2024 04:54
URI:	http://eprints.lse.ac.uk/id/eprint/110756

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