The effects of strategy and market orientation on the performance of Vietnamese startups

Autor: Hai, Hoang Van, Xuan, Nguyen Duc, Thao, Truong Duc, Hien, Pham Thi Thu
Jazyk: angličtina
Rok vydání: 2021
Předmět:
Zdroj: Management Science Letters, Pp 1357-1366 (2021)
Druh dokumentu: article
ISSN: 1923-9335
1923-9343
DOI: 10.5267/j.msl.2020.11.004
Popis: This study is based on the results of a survey of 518 start-ups in Vietnam during the period of establishment from 2016 to 2018. Data collection lasted from November 2019 to May 2020, interrupted by Covid-19 translation and collected data were processed on SPSS20 and AMOS24 software, model estimation and hypothesis testing using linear structural equations (SEM). The research results show that business strategy and market-oriented factors had positive impacts on the performance of Vietnamese startups. However, no regulatory relationship of business strategy has been found that affects the impact relationship of market orientation with business performance. In addition, the study also found that, in current context, startups pursuing defensive strategies have more success than firms pursuing pioneering strategies and startups in the field. Trade / services are more likely to succeed than in agriculture and industry.
Databáze: Directory of Open Access Journals