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ERIC Number: ED656096
Record Type: Non-Journal
Publication Date: 2023
Pages: 15
Abstractor: As Provided
ISBN: N/A
ISSN: N/A
EISSN: N/A
Available Date: N/A
The Effect of Education on Women Entrepreneurs' Success: Evidence from Vietnam's Economy
International Society for Technology, Education, and Science, Paper presented at the International Conference on Social and Education Sciences (IConSES) (Las Vegas, NV, Oct 19-22, 2023)
The purprose of this paper is to investigate the effect of education on women entrepreneurs' success : factors in Vietnam. We used the survey instrument developed by H.M. Chu, which has been adopted in several small business studies. To determine the role and importance of education on the success of entrepreneurs, an ordered logit model is applied to the data gathered from women entrepreneurs participated in the study. Our ordered logit model revealed that number of years in this business, support of family and friends, marketing factors such as sale promotion, good customer service, location, ability to manage personnel, and reputation for honesty were the statistically significant success factors. Good customer service has the largest impact on the success of Vietnamese women entrepreneurs, which is followed by reputation for honesty, ability to manage personnel, the level of family support, and the number of years in current business. Finally, hard work, community involvement, maintenance of accurate records of sales and expenses, and access to capital were other factors that high impact on entrepreneurs' business success. The estimated coefficient for education is 0.03524, which gives 1.0359 odds ratio, this indicates that completing a higher level of education increases success level by 1.0359 times, implying a positive effect of education for Vietnamese women entrepreneurs. [For the full proceedings, see ED656038.]
International Society for Technology, Education, and Science. 944 Maysey Drive, San Antonio, TX 78227. Tel: 515-294-1075; Fax: 515-294-1003; email: istesoffice@gmail.com; Web site: http://www.istes.org
Publication Type: Speeches/Meeting Papers; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Vietnam
Grant or Contract Numbers: N/A
Author Affiliations: N/A