@article {Nguyen:July 2008:1569-2094:141, author = "Nguyen, Hannah-Hanh D.", author = "Nguyen, Nhung T.", title = "Examining Personal Values and Entrepreneurial Motives of Vietnamese Entrepreneurs in the 21st Century: Two Empirical Studies", journal = "African and Asian Studies", volume = "7", year = "July 2008", abstract = "In Study 1, Vietnamese entrepreneurs (N = 17) were surveyed about their personal values and motives as well as their business outcomes. We found that Vietnamese entrepreneurs' top five life goals included happiness, a sense of accomplishment, a comfortable life, family security, and national security. They endorsed instrumental values such as intellectual, capable, responsible, self-controlled, and honest. Their values were to some extent similar to those of American counterparts as reported in Fagenson's (1993) study. Among entrepreneurial motives reported, there were some non-economic ones which lent credence to the concept that Vietnamese entrepreneurial motives were multi-dimensional. In Study 2, we used the "grounded theory" approach (Locke, 2001) to induce a conceptual framework of Vietnamese entrepreneurial motives from interview data (N = 9). As predicted, we found that Vietnamese entrepreneurs mainly founded their businesses (1) to meet market demands; (2) to gain control over their work and/or financial aspects; (3) to lift others off unemployment, and (4) to pursue a desire or fulfill their capability.", pages = "141-171(31)", url = "http://www.ingentaconnect.com/content/brill/afas/2008/00000007/F0020002/art00001" doi = "doi:10.1163/156921008X318709" }