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University of Exeter Business School

Dr Bach Nguyen

Dr Bach Nguyen

Associate Professor in Entrepreneurship and SME Management

 Streatham Court 1.69


Streatham Court, University of Exeter, Rennes Drive, Exeter, EX4 4PU, UK


Bach Nguyen (PhD, FHEA, FRSA) is an Associate Professor (Reader) in Entrepreneurship and SME Management at the University of Exeter, UK. He is also the Director of Research in the Innovation, Technology, and Entrepreneurship Department.

His main research interest is understanding the economics and management of new ventures and small businesses, as well as the impacts of regional institutions on firm performance.

His current research projects focus on emerging topics, including SME green practices, digitalisation, and pivots following Covid and the inflation crises. He also is interested in understanding entrepreneurs' well-being and mental health.

Before joining academia, he worked as a professional data analyst in the financial industry for several years.


Ph.D. Aston University, UK, 2018 (Full scholarship from Dean of Aston Business School)

M.Sc. Dundee University, UK, 2012 (Distinction, Best Student Award)

B.A. Jinan University, China, 2008 (Distinction, Best Student Award)


GW4, United Kingdom: GBP £4,220 (2023).

Regional Studies Association, United Kingdom: GBP £3,900 (2021-2022).

National Foundation for Science and Technology Development Vietnam: USD $70,000 (2020-2022).

Beijing Normal University – Hong Kong Baptist University – United International College Research Grant: RMB ¥20,000 (2018-2019).

National Foundation for Science and Technology Development Vietnam USD $60,000 (2018-2021).

Aston Research and Knowledge Exchange Pump Priming Fund GBP £11,418 (2022-2023).



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Research interests

Bach Nguyen currently works on several research projects in the following themes:

  • National institutions, sub-national institutions/local governance quality and their influence on small businesses;
  • Entrepreneurs' well-being and gender-related issues in entrepreneurship;
  • Emerging strategies of small businesses such as digitalisation, green practices and crisis management

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Journal articles

Le C, Nguyen B, Vo XV (In Press). Do Intangible Assets Help SMEs in Underdeveloped Markets Gain Access to External Finance? – the Case of Vietnam. Small Business Economics
Nguyen B (In Press). Local Government and Small Business Revenue Forecasting: Evidence from a Transition Economy. Industrial and Corporate Change
Nguyen B, Lin H, Vu N (2023). Entrepreneurs' gender and small business going green. International Journal of Entrepreneurial Behavior & Research, 29(7), 1720-1739. Abstract.
Do H, Nguyen B, Shipton H (2023). Innovation and internationalization in an emerging market context: Moderating effects of interpersonal and organizational social networks. Journal of International Management, 29(2). Abstract.
Nguyen B (2023). Regional informal institutions, local governance and internal migration in Vietnam. Regional Studies, 57(7), 1189-1206. Abstract.
Nguyen B, Le C, Vo XV (2023). The paradox of investment timing in small business: Why do firms invest when it is too late?. Journal of Small Business Management, 61(2), 863-905. Abstract.
Du J, Nguyen B (2023). The ‘play’ of institutions and firm investment: Evidence from a transition economy. International Journal of Finance & Economics Abstract.
Do H, Budhwar P, Shipton H, Nguyen HD, Nguyen B (2022). Building organizational resilience, innovation through resource-based management initiatives, organizational learning and environmental dynamism. Journal of Business Research, 141, 808-821. Abstract.
Du J, Nguyen B (2022). Cognitive financial constraints and firm growth. Small Business Economics, 58(4), 2109-2137. Abstract.
Nguyen B (2022). Does Local Environmental Governance Improve Tourism Companies’ Performance? Evidence from Vietnam. Journal of Travel Research, 61(4), 747-761. Abstract.
Nguyen CP, Thanh SD, Nguyen B (2022). Economic uncertainty and tourism consumption. Tourism Economics, 28(4), 920-941. Abstract.
Nguyen B, Do H, Le C (2022). How much state ownership do hybrid firms need for better performance?. Small Business Economics, 59(3), 845-871. Abstract.
Nguyen B (2022). Internal migration and earnings: Do migrant entrepreneurs and migrant employees differ?. Papers in Regional Science, 101(4), 901-944. Abstract.
Nguyen B (2022). Networking in Weak Institutions: When is it Good for Small Business Investment? the Case of Vietnam. Management and Organization Review, 18(3), 583-620. Abstract.
Nguyen B (2022). Small business investment: the importance of financing strategies and social networks. International Journal of Finance and Economics, 27(3), 2849-2872. Abstract.
Nguyen PC, Nguyen B, Thanh SD (2022). The importance of export diversification for national entrepreneurship density. Structural Change and Economic Dynamics, 62, 114-129. Abstract.
Nguyen B, Schinckus C, Canh NP, Thanh SD (2021). Economic Policy Uncertainty and Entrepreneurship: a Bad for a Good?. The Journal of Entrepreneurship, 30(1), 81-133. Abstract.
Nguyen CP, Nguyen B, Duy Tung B, Dinh Su T (2021). Economic complexity and entrepreneurship density: a non-linear effect study. Technological Forecasting and Social Change, 173 Abstract.
Canh NP, Nguyen B, Thanh SD, Kim S (2021). Entrepreneurship and natural resource rents: Evidence from excessive entrepreneurial activity. Sustainable Production and Consumption, 25, 15-26. Abstract.
Nguyen B, Canh NP (2021). Formal and informal financing decisions of small businesses. Small Business Economics, 57(3), 1545-1567. Abstract.
Nguyen B, Canh NP, Thanh SD (2021). Institutions, Human Capital and Entrepreneurship Density. Journal of the Knowledge Economy, 12(3), 1270-1293. Abstract.
Nguyen B (2021). Local institutions, external finance and investment decisions of small businesses in Vietnam. Economic Systems, 45(3). Abstract.
Nguyen B (2021). Regional informal institutions, local governance and gendered entrepreneurship. Regional Studies, 55(7), 1169-1181. Abstract.
Nguyen B, Do H (2020). Institutionalism and its effect on labour forecasting in Vietnamese firms. Journal of General Management, 46(1), 5-15. Abstract.
Nguyen B (2020). Local institutions on small firm investments: Degrees of institutional persistence matter. International Journal of Entrepreneurship and Small Business, 41(1), 33-57. Abstract.
Nguyen B, Canh NP (2020). The Effects of Regional Governance, Education, and In-Migration on Business Performance. Kyklos, 73(2), 291-319. Abstract.
Nguyen B (2020). The relative importance of regional institutions and external finance for small business investment: Evidence from Vietnam. Journal of Institutional Economics, 16(6), 911-929. Abstract.
Nguyen B (2019). Entrepreneurial Reinvestment: Local Governance, Ownership, and Financing Matter—Evidence from Vietnam. Journal of Small Business Management, 57(S2), 323-349. Abstract.
Nguyen B (2019). Is a bit more experience bad? the role of entrepreneurial experience on investment rate. International Journal of Entrepreneurial Behaviour and Research, 25(6), 1166-1187. Abstract.
Nguyen B, Mickiewicz T, Du J (2017). Local governance and business performance in Vietnam: the transaction costs’ perspective. Regional Studies, 52(4), 542-557.


Nguyen B, Vu N, Hong VNT (2021). Achievements, challenges, and new directions of family business in Vietnam. In  (Ed) The Routledge Companion to Asian Family Business: Governance, Succession, and Challenges in the Age of Digital Disruption, 407-424.
Du J, Nguyen B (2018). The Chinese style management buyouts. In  (Ed) The Routledge Companion to Management Buyouts, 212-223.  Abstract.

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External Engagement and Impact

External positions

Research Fellow, Centre for Business Prosperity, Aston University, UK

Visiting Research Fellow, University of Economics Ho Chi Minh City, Vietnam

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