Academy of Strategic Management Journal (Print ISSN: 1544-1458; Online ISSN: 1939-6104)


Capital for Sustainable Economic Growth: The Case from Dong Nai Province in Vietnam

Author(s): Do Thi Lan Dai, Hoang Thi Thanh Hang

In recent years, the mobilization and use of investment capital, especially foreign investment capital, have significantly affected the country’s speed and quality of economic growth and each locality. Attracting and effectively using investment capital is always a complex problem for locations that are still weak in infrastructure, financial sophistication, attractive policies, the efficiency of using capital sources, and many inadequacies when implementing investment projects. Therefore, this study aims to identify factors affecting the investment capital attraction for sustainable economic growth in Dong Nai province. The study surveyed 1.000 managers related to enterprises with investment capital in Dong Nai province, but 939 samples processed and answered 39 questions. The data collected from June 2020 to November 2020. The authors tested Cronbach’s Alpha, confirmatory factor analysis (CFA), and structural equation (SEM). Based on the research results, the authors propose policy implications for attracting investment capital for sustainable economic growth in Dong Nai province.

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