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5. CONCLUSIONS AND IMPLICATIONS.
5.1. Conclusions
Research shows that entrepreneurial implemental mindsets is considered to be the most effective
factor for motivating entrepreneurship. In addition, this factor has explained the entrepreneurial
process since it recognizes the opportunity and capability of the entrepreneur, from which it
proceeds to think, compare and judge with the aim of minimizing risks. to decide whether to pursue
the goal or stop the achievement of the goal of starting a business.
The results of this study differ from the results of the study (Schlaegel & Koenig, 2014, tested
in Western countries) that perceived desirability factor (the entrepreneur’s ability to recognize
opportunity) plays a role. It is more important to formulate intenttion than perceived feasibility
factor. Schlaegel & Koenig (2014) states that it is possible in the Eastern countries that the role
of perceived desirability factor will be more important than perceived feasibility factor, and he
proposes to re-examine this relationship.
Limitations and research directions follow
This study was conducted in 18 universities in Ho Chi Minh City, Binh Duong province, Dong Nai
province and Ba Ria Vung Tau province. The results will be better if done at big universities like Can
Tho City, Da Nang City, Hanoi City, which is considered to be an ideal entrepreneurship environment.
This study makes the sampling convenient so there are also disadvantages of low representability.
Moreover, research from intention to behavior to one-time surveys is limited. In addition, according
to the entrepreneurial mindsets theory of Mathisen & Arnulf (2013), entrepreneurial mindsets
consists of two types: (1) Elaborating mindsets; (2) Entrepreneurial Implemental mindsets.
Therefore, further research may add elaborating mindsets.
As mentioned above, the role of perceived desirability factor has little impact on entrepreneurial
intention. This may come from the opportunity to start a business in Vietnam is unclear, not attractive
or may be due to cultural factors (perhaps businessmen in Vietnam are not considered important).
In addition, many developed countries are based on creativity, while perceptions in Vietnam tend
to favor employment, income and as a career option (GEM , 2016). Thus, the next study will be
broadly based on cultural factors or start-up motives to further clarify this finding.
5.2. Implications
The results confirm that cognitive and actionable thinking (around entrepreneurial competence)
and action thinking are of great significance in shaping entrepreneurial intent. This element is open
to students who need to experience and persist in investing their startup ideas through college-
based training to enhance the student’s start-up. Here are some policy implications and solutions:
For students
Before starting a career, students must develop motivation through awareness and appreciation
of starting a career, especially the start of a creative career. Students need the correct understanding
of entrepreneurship, the basics of entrepreneurship, the experience of success as well as the failures
of their predecessors. Students need a consistent mentality, persistence, bravery to overcome
the challenges of the process of starting a business, actively research, accumulate knowledge of
economics and society to be able to identify the opportunity to start a business. In addition, students
need basic skills to think in action to build a business project, develop a plan to turn ideas into
products, basic knowledge of management, logistics. to create a favorable environment to promote
and support in the process of starting a business.
This study shows that entrepreneurial feasibility and entrepreneurial mindsets are important
factors, while many entrepreneurship lack the basic knowledge, skills and capabilities. There is a