Open AccessInnovation activities in electronic industrial enterprises in Ho Chi Minh City
Author(s) -
Huynh The Nguyen
Publication year - 2020
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.v3i3.571
Subject(s) - ho chi minh , business , economic shortage , scale (ratio) , production (economics) , test (biology) , marketing , industrial organization , business administration , economics , geography , paleontology , linguistics , philosophy , cartography , government (linguistics) , biology , macroeconomics
This article analyzes innovation activities of electronic enterprises in Ho Chi Minh City. The descriptive statistical techniques were applied to test the survey data on 185 electronic enterprises in 2016. The results show that although the majority are aware of the importance of innovation and improvement to their production and business processes, they still focus on launching new products or modifying existing products. At the same time, other innovative activities such as improving production process or management failed to show much progress. Specifically, the rates of enterprises that organized R&D department and received information on scientific and technological guidance dropped from 35.80% and 23.50% in 2017 to 34.90% and 16.30% in 2010 before increasing to 37.80% and 20.50% in 2014. In addition, technology renovation activities in enterprises were only 16%, 15.50% and 18.90% in 2017, 2010 and 2014 respectively whereas training of science and technology personnel were 17.30%, 15.50% and 17.80%. This is due to high R&D costs, shortage of financial resources and R&D specialists, and small business scale. Therefore, these enterprises will need to strengthen, enhance and diversify innovation activities for stable and sustainable development.