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

Robyn Klingler-Vidra*, Ba Linh Tran, Adam William Chalmers

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract / Description of output

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.
Original languageEnglish
Article number101605
Pages (from-to)1-11
Number of pages11
JournalTechnology in Society
Early online date12 May 2021
Publication statusPublished - 1 Aug 2021

Keywords / Materials (for Non-textual outputs)

  • entrepreneurship
  • innovation
  • returnees
  • social capital
  • transnational experience
  • Vietnam


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