TY - JOUR
T1 - Transnational experience and high-performing entrepreneurs in emerging economies: Evidence from Vietnam
AU - Klingler-Vidra, Robyn
AU - Tran, Ba-Linh
AU - Chalmers, Adam
N1 - Funding Information:
This research benefitted from an Economic and Social Research Council ( ESRC ) Impact Acceleration Account research grant, which was administered by King's College London in 2020.
Publisher Copyright:
© 2021 The Author(s)
Copyright:
Copyright 2021 Elsevier B.V., All rights reserved.
PY - 2021/8
Y1 - 2021/8
N2 - 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.
AB - 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.
KW - Vietnam
KW - TECHNOLOGY
KW - Entrepreneur
KW - Startups
KW - EDUCATION
KW - United States
UR - https://www.sciencedirect.com/science/article/pii/S0160791X21000804
UR - http://www.scopus.com/inward/record.url?scp=85105850186&partnerID=8YFLogxK
U2 - 10.1016/j.techsoc.2021.101605
DO - 10.1016/j.techsoc.2021.101605
M3 - Article
SN - 0160-791X
VL - 66
JO - TECHNOLOGY IN SOCIETY
JF - TECHNOLOGY IN SOCIETY
M1 - 101605
ER -