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Important Negotiation Behaviours in Entrepreneurs’ New Product Launching Stage During Post-Covid-19 Era

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posted on 2024-11-01, 03:49 authored by Minh NguyenMinh Nguyen, Nhan Dang, Hiep PhamHiep Pham
Entrepreneurs’ product launching stage is subject to various difficul-ties related to the decline in market demand, inflation, and changes in customers’ consumption habits in the post-Covid-19 period. Negotiation is a significant phase that entrepreneurs have to go through to launch their products. However, there is still limited research, if any, which focuses on negotiation behaviours of entrepreneurs within the new product launching stage in the Vietnamese context under Covid-19‘s impacts. The aim of this study is to investigate the significance of negotiation and identify the importance of negotiation behaviours. This study employed a series of semi-structured interviews with Vietnamese entrepreneurs from various industries. The research findings revealed five key behaviours, including concern for one’s own outcome, concern for others’ outcomes, relationship-building, emotional expres-sion, and risk-taking, that have a significant impact on the negotiation outcomes of an innovative entrepreneur in the launch stage. This study reinforces the impor-tance of showing concern on the negotiating parties’ benefits and being proactive in building relationships to generate customers’ sympathy and trust and achieve a mutual agreement.

History

Start page

13

End page

23

Total pages

11

Outlet

Business Innovation for the Post-pandemic Era in Vietnam

Editors

Nguyen Hoang Thuan, Hung Nguyen, Hiep Cong Pham, Alrence Halibas

Publisher

Springer

Place published

Singapore

Language

English

Copyright

© The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2023

Former Identifier

2006125718

Esploro creation date

2023-09-30

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