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Eurasian Business Review

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29.05.2019 | Regular Article

The determinants of innovation in Vietnamese manufacturing firms: an empirical analysis using a technology–organization–environment framework

verfasst von: Tran Thi Hue

Erschienen in: Eurasian Business Review | Ausgabe 3/2019

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Abstract

The aim of this study is to empirically analyze the determinants of the innovation decision for Vietnamese manufacturing firms by using an extensive firm-level panel dataset for the period 2010–2013. This study adopts the technology–organization–environment (TOE) model to explore the influence of these factors on the innovation decision of firms in the context of a developing country—in particular, Vietnam. The results show that the technological factors that are represented by a higher percentage of skilled workforce and that are based in technologically intensive sectors appear to be critical elements for the innovation decision. The organizational factors “firm size” and “ownership” significantly affect the innovation decision. With regard to ownership, a surprising finding is the lack of innovative activities in wholly foreign-owned firms, which is in contrast with other studies. Furthermore, regarding the environmental factors, the findings show that the financial support from the local government is unrelated to the innovation engagement of Vietnamese firms.

Nächster Artikel The relationship between firm productivity, firm size and CSR objectives for innovations

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World Bank’s country classification is based on income level and revised annually. The classification in 2017 is as follows: low income countries (1005 USD or less); lower-middle income countries (1006 USD–3955 USD), upper-middle income countries (3956 USD–12,235 USD); high-income countries (12,235 USD or more).

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Titel: The determinants of innovation in Vietnamese manufacturing firms: an empirical analysis using a technology–organization–environment framework
verfasst von: Tran Thi Hue
Publikationsdatum: 29.05.2019
Verlag: Springer International Publishing
Erschienen in: Eurasian Business Review / Ausgabe 3/2019
Print ISSN: 1309-4297
Elektronische ISSN: 2147-4281
DOI: https://doi.org/10.1007/s40821-019-00125-w

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