View Articals 24.11.2017 13:57


Vol. 24(3), July 2017


Which are determinants of firm innovation in Vietnam? A micro analysis
Le Thi Ngoc Bich, Vu Trong Phong & Le Thi Ngoc Diep
(Xem: 80 | Tải về: 0)
KeywordsDeterminants of innovation Direct export Foreign ownership Technology innovation Non-technology innovation
Page45-65
QuoteLe Thi Ngoc Bich, Vu Trong Phong & Le Thi Ngoc Diep (2017), "Which are determinants of firm innovation in Vietnam? A micro analysis", Tạp chí Phát triển Kinh tế 24(3), 45-65.
AbstractThis 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.
     
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