Factors affecting the use of incubation services by young entrepreneurs - 1


HANOI NATIONAL UNIVERSITY

UNIVERSITY OF SOCIAL SCIENCES AND HUMANITIES

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NGUYEN THU TRANG


FACTORS AFFECTING THE USE OF INCUBATION SERVICES

YOUTH STARTUP


MASTER'S THESIS: SOCIOLOGY


Hanoi-2020



HANOI NATIONAL UNIVERSITY

UNIVERSITY OF SOCIAL SCIENCES AND HUMANITIES

-------------------------------------------------- ---


NGUYEN THU TRANG


FACTORS AFFECTING THE USE OF INCUBATION SERVICES

YOUTH STARTUP


MASTER'S THESIS IN SOCIOLOGY Code: 60 31 03 01


Scientific supervisor: Associate Professor, Dr. Nguyen Thi Kim Hoa


Hanoi-2020

INDEX

SOME ABBREVIATIONS 4

LIST OF FIGURE 5

LIST OF TABLES 6

INTRODUCTION 7

1. Reasons for choosing topic 7

2. Research Overview 9

3. Research significance 23

4. Objectives of topic 24

5. Subject, object and scope of research 24

6. Research questions and research hypotheses 24

7. Research methods 25

8. Analytical framework 27

9. Thesis layout 28

MAIN CONTENT 29

CHAPTER 1: THEORETICAL AND PRACTICAL BASIS OF THE TOPIC 29

ON THE NEED FOR INCUBATION SERVICES OF 29

YOUTH STARTUP 29

1.1. Some related concepts 29

1.2. Applied theory 43

1.3. Overview of the research area 45

1.4. Stages of entrepreneurship of Vietnamese youth 46

Summary of chapter 1. 49

CHAPTER 2: CURRENT STATUS OF USING INCUBATION SERVICES OF 50

YOUTH ENTREPRENEURS IN VIETNAM TODAY 50

2.1. The startup potential of the Vietnamese market in the context of the 4th industrial revolution 50

2.2. Current status of using incubation services by young entrepreneurs in Vietnam today 55

g. Branding support services 63

Chapter 2 Summary 64

CHAPTER 3: SOME FACTORS AFFECTING THE USE OF INCUBATION SERVICES BY YOUTH STARTUPS 65

3.1. Policy environment 65

3.2. Media influence 70

3.3. Service usage costs 73

3.4. Expected results 75

3.5. Ease of use 78

3.6. Incubator response capacity 80

3.7. Level of trust 81

Chapter 3 Summary 84

4. CONCLUSION AND RECOMMENDATIONS 86

4.1. Conclusion 86

4.2. Recommendation 87

REFERENCES 89

Vietnamese Document 89

English Document 91


ACKNOWLEDGEMENTS


I would like to express my deep gratitude to my scientific supervisor, Associate Professor, Dr. Nguyen Thi Kim Hoa, for helping me throughout my long period of study and research. I sincerely thank the leaders of the Institute of Policy and Management and my colleagues for their dedicated professional support and creating all the conditions for me to complete my thesis.

I would also like to thank the BIPP Project - Bilateral Cooperation Project between the Government of the Kingdom of Belgium and the Government of Vietnam on "Supporting the development of innovation policies and the development of business incubators" for creating conditions for me to contact and exchange with experts and incubators to be able to complete my thesis.

I would like to thank the training institution, the Faculty of Sociology, University of Social Sciences and Humanities - where I have been attached to throughout my studies and research at the postgraduate level.

Due to limitations in personal capacity, this thesis inevitably has shortcomings. The author hopes to receive sympathy and sharing.

Thanks a lot!


Hanoi, March 2020

Student


Nguyen Thu Trang


SOME ABBREVIATIONS


Science and Technology

Science and Technology

Ministry of Labor, Invalids and Social Affairs

Ministry of Labor, War Invalids and Social Affairs

DMST

Innovation

KNST

Creative Startup

KSDN

Start a business

Startup

Startup Business

CSUTDN

Business Incubator

CSUT

Incubator

DNCN

Technology business

CGCN

Technology transfer

SMEs

Small and Medium Enterprises

DN

Business

Maybe you are interested!

Factors affecting the use of incubation services by young entrepreneurs - 1


LIST OF IMAGES

Figure 2.1. Vietnam's startup ecosystem score from 2013 to 2017 on a scale of 1 to 5 51

Figure 2.2. Incubation sector of startups using incubator services...53 Figure 2.3. Human resource structure of Startups 55

Figure 2.4. Average frequency of use of services (N = 215) 56

Figure 2.5. Assessment of the current status of administrative/office service usage 57

Figure 2.6. Rate of financial service usage and access to financial resources 60

Figure 2.7. Frequency of use of branding support services and incubator responsiveness 63

Figure 3.1. Percentage of startups' understanding of the Law on Technology Transfer and the Law on Support for Small and Medium Enterprises (N = 215) 70

Figure 3.2. Startup's main information access channel (percentage %) 72

Figure 3.3. Product structure of startup businesses at 2 facilities 77

Figure 3.4. Location of UP and BKHUP 79

Figure 3.5. Assessment of incubator responsiveness 80


LIST OF TABLES

Table 2.1. Startup usage of infrastructure services 58

Table 2.2. Mean value of the level of use of business support services of incubators 59

Table 2.3. Average value of frequency of use of community connection and network building services 61

Table 2.4. Percentage of startups regularly using incubator education and knowledge access support services 62

Table 3.1. Monthly fee/startup can pay for incubator services74 Table 3.2. Current seat prices of UP and BKHUP in 2019 74

Table 3.3. Potential amount of investment capital for startup businesses 76

Table 3.4. Operating time of some incubators 78

Table 3.5. Assessment of incubator responsiveness to startup needs 80

Table 3.6. Average value of satisfaction level and likelihood of returning to use startup services 81

Table 3.7. Startup satisfaction level according to criteria 82

Table 3.8. Relationship between service usage decision and startup influencing factors 83

Table 3.9. Regression coefficients in the service usage decision model 84

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