Article
Small business entrepreneurship in Vietnam: The case of the public relations industry
DeReMa (Development Research of Management): Jurnal Manajemen
(2021)
Abstract
A better understanding of entrepreneurship in different sectors and its motivations, roles, and challenges offer new opportunities for entrepreneurs to start their business and participate in the national and global economy. This research studied the different entrepreneurial factors that influence the growth stage of public relations companies in Vietnam. In particular, the research examined how the founder's role shifted during the growth stage, and the motivations behind the founder's decision to retain or release their control in this stage.
Using the inductive, grounded theory approach to explore the decision of a founder in Vietnam’s public relations industry during a company’s growth stage, this study found that public relations founders in Vietnam are generally driven by the accomplishments and challenges picked up from their entrepreneurial journey. Their journey mainly revolves around managerial experience, as the managerial tasks would be more complicated and require better managerial skills to address the challenges. They are also open to delegating their role to a professional manager, who already possesses the required management skills, to support the business.
Keywords
- founder’s decision,
- growth stage,
- Vietnam,
- SMEs,
- public relations
Disciplines
Publication Date
2021
DOI
http://dx.doi.org/10.19166/derema.v16i2.3760
Citation Information
Tuong-Minh Ly-Le. "Small business entrepreneurship in Vietnam: The case of the public relations industry" DeReMa (Development Research of Management): Jurnal Manajemen Vol. 16 Iss. 2 (2021) p. 145 - 157 Available at: http://works.bepress.com/tuong-minh-ly-le/14/