Open AccessCurrent status of factors affecting firms‘ technological innovation decision in Vietnam
Author(s) -
Mai Le Thuy Van,
Nguyen Dat Thinh,
Van Duc Hoa,
Le Thi Viet Hoa,
Hoang Thi Dieu Huyen,
Le Tran Thuy Duong
Publication year - 2018
Publication title -
khoa học và công nghệ: kinh tế - luật - quản lý
Language(s) - English
Resource type - Journals
ISSN - 2588-1051
DOI - 10.32508/stdjelm.v2i2.511
Subject(s) - business , product innovation , product (mathematics) , industrial organization , technological change , marketing , process (computing) , affect (linguistics) , descriptive statistics , carry (investment) , technology innovation , economics , finance , linguistics , philosophy , statistics , geometry , mathematics , computer science , macroeconomics , operating system
This paper aims to reflect the current status of firm-level technological innovation in Vietnam, in particular the factors that affect technological innovation decision. The main research method employed is qualitative analysis, specifically descriptive statistics. The results show that about 31% of firms carry out product innovation and 46% of firms conduct process innovation. In addition, only about 25% of firms have trained staff and about 10% of firms have cooperated with agencies in technological innovation. The innovation environment and policies are still limited. Based on that, the authors propose policy suggestions: 1) Focus on increasing funding for firm technological innovation; 2) Strengthen the link between firms and partners; 3) Continue to promote programs and policies to support firm technological innovation.