![]() Fisch, Christian ![]() in International Review of Entrepreneurship (2021), 19(4), 499-522 We study the case of Vietnam to assess the long-lasting role of institutional and historical legacy on entrepreneurial outcomes. In particular, we investigate the detrimental effect of socialist ... [more ▼] We study the case of Vietnam to assess the long-lasting role of institutional and historical legacy on entrepreneurial outcomes. In particular, we investigate the detrimental effect of socialist institutions on entrepreneurship. Vietnam offers a unique quasi-experimental setting because the country was divided into the socialist North and the nonsocialist South for a relatively short period of two decades. After reunification, the South adopted the institutional framework conditions of the North. To assess the relationship between socialist history and entrepreneurship in this unique setting, we survey more than 3,000 North and South Vietnamese individuals more than four decades after the reunification of the country. We find that North Vietnamese respondents have lower entrepreneurship intentions, are less likely to select into entrepreneurship education programs, and are less willing to engage in a business takeover. These patterns indicate the persistence of historical differences in institutional framework conditions on entrepreneurship. We conclude by outlining the implications of a socialist legacy for entrepreneurship theory and policymakers. [less ▲] Detailed reference viewed: 47 (2 UL)![]() ; Fisch, Christian ![]() in International Review of Entrepreneurship (2021), 19(2), 151-168 The COVID-19 pandemic has immense impact on the conditions and behaviours of people and on those of small business owners in particular. Using two samples of some 3700 French business owners, collected ... [more ▼] The COVID-19 pandemic has immense impact on the conditions and behaviours of people and on those of small business owners in particular. Using two samples of some 3700 French business owners, collected before and during the pandemic, this study finds that on average, health perceptions in terms of physical and mental health differ: while perceptions of good mental health declined, those of good physical health improved. We also find that the size of business and the growth of turnover are mechanisms that contributed to the decline of the total health score. This novel finding implies that during the pandemic, business size and growth of turnover are seen as liabilities rather than assets by business owners. The results of our study have strong implications both for business owners as well as for policy makers. [less ▲] Detailed reference viewed: 28 (1 UL) |
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