Which are determinants of firm innovation in Vietnam? A micro analysis
This study sets out to investigate the factors influencing Vietnam firms’ innovation in various sectors by using World Bank (2015) enterprise survey of 996 firms across the country. We employ ordinary least squares (OLS), probit model, and marginal effect to estimate the impact of firm characteristi...
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University of Economics Ho Chi Minh City
2023
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oai:scholar.dlu.edu.vn:DLU123456789-1155502023-03-08T03:57:02Z Which are determinants of firm innovation in Vietnam? A micro analysis Le, Thi Ngoc Bich Vu, Trong Phong Le, Thi Ngoc Diep This study sets out to investigate the factors influencing Vietnam firms’ innovation in various sectors by using World Bank (2015) enterprise survey of 996 firms across the country. We employ ordinary least squares (OLS), probit model, and marginal effect to estimate the impact of firm characteristics, industry characteristics, and business climate on different facets of innovation, including technology and non- technology. Quantitatively, we find that direct exporters, firm size, state ownership, email using, and competition increase the probability of technology innovation. Meanwhile, foreign ownership impacts negatively on innovation in all aspects, technology and non-technology innovation. Firm age and bribery are not influential factors to innovation in all cases. From the findings of analysis, a few policy implications regarding the studied factors are drawn for better environment for firm innovation. 2023-03-08T03:57:02Z 2023-03-08T03:57:02Z 2017 Article 2615-9112 http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=32afb1b1-696d-4c96-985b-21ab90b829af http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115550 10.24311/jabes/2017.24.3.03 en Journal of Asian Business and Economic Studies, Volume 24, Issue 03; p. 45-65 application/pdf University of Economics Ho Chi Minh City |
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Thư viện Trường Đại học Đà Lạt |
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English |
description |
This study sets out to investigate the factors influencing Vietnam firms’ innovation in various sectors by using World Bank (2015) enterprise survey of 996 firms across the country. We employ ordinary least squares (OLS), probit model, and marginal effect to estimate the impact of firm characteristics, industry characteristics, and business climate on different facets of innovation, including technology and non- technology. Quantitatively, we find that direct exporters, firm size, state ownership, email using, and competition increase the probability of technology innovation. Meanwhile, foreign ownership impacts negatively on innovation in all aspects, technology and non-technology innovation. Firm age and bribery are not influential factors to innovation in all cases. From the findings of analysis, a few policy implications regarding the studied factors are drawn for better environment for firm innovation. |
format |
Article |
author |
Le, Thi Ngoc Bich Vu, Trong Phong Le, Thi Ngoc Diep |
spellingShingle |
Le, Thi Ngoc Bich Vu, Trong Phong Le, Thi Ngoc Diep Which are determinants of firm innovation in Vietnam? A micro analysis |
author_facet |
Le, Thi Ngoc Bich Vu, Trong Phong Le, Thi Ngoc Diep |
author_sort |
Le, Thi Ngoc Bich |
title |
Which are determinants of firm innovation in Vietnam? A micro analysis |
title_short |
Which are determinants of firm innovation in Vietnam? A micro analysis |
title_full |
Which are determinants of firm innovation in Vietnam? A micro analysis |
title_fullStr |
Which are determinants of firm innovation in Vietnam? A micro analysis |
title_full_unstemmed |
Which are determinants of firm innovation in Vietnam? A micro analysis |
title_sort |
which are determinants of firm innovation in vietnam? a micro analysis |
publisher |
University of Economics Ho Chi Minh City |
publishDate |
2023 |
url |
http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=32afb1b1-696d-4c96-985b-21ab90b829af http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115550 |
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1765278172799041536 |