Resource curse or destructive creation in transition: evidence from Vietnam's corporate sector

Abstract

Purpose–The purpose of this paper is to explore the “resource curse” problem as a counter- example of creative performance and innovation by examining reliance on capital and physical resources, showing the gap between expectations and ex-post actual performance that became clearer under conditions of economic turmoil. Design/methodology/approach– The analysis uses logistic regressions with dichotomous response and predictor variables on structured tables of count data, representing firm performance as an outcome of capital ...