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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Những tác giả chính: Le, Thi Ngoc Bich, Vu, Trong Phong, Le, Thi Ngoc Diep
Định dạng: Bài viết
Ngôn ngữ:English
Được phát hành: University of Economics Ho Chi Minh City 2023
Truy cập trực tuyến: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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spelling 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
institution Thư viện Trường Đại học Đà Lạt
collection Thư viện số
language 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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