Author(s): Phan Anh Tu, Tran Thi Hoang Mai, Nguyen Van Song, Chau Thi Le Duyen, Tran Thi My Phuong, Nguyen Dang Que, Nguyen Cong Tiep, Nguyen Thi Xuan Huong
The business environment always contains opportunities that affect almost the entire entrepreneurship process. Several scholars have been researching how to take advantage of opportunities in creating a business. This study analyzes determinants of the exploration, business opportunity exploitation, and entrepreneurial intentions of 447 people who have never started a place in the Mekong River Delta. Based on the opportunity-based theory and applied the Structural Equation Model (SEM) results, we find strong evidence that opportunity exploration positively impacts opportunity exploitation. At the same time, opportunity exploitation has a positive effect on entrepreneurial intention. This study aims to arouse the people's entrepreneurial spirit in particular and support the policymakers in devising the locality's entrepreneurship policy in general.