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Abstract

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.



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Article Details

Issue: Vol 2 No 2 (2018)
Page No.: 40-49
Published: Dec 31, 2018
Section: Research article
DOI: https://doi.org/10.32508/stdjelm.v2i2.511

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Creative Commons License

Copyright: The Authors. This is an open access article distributed under the terms of the Creative Commons Attribution License CC-BY 4.0., which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

 How to Cite
Van, M. L. T., Thinh, N. D., Hoa, V. D., Hoa, L. T. V., Huyen, H. T. D., & Duong, L. T. T. (2018). Current status of factors affecting firms‘ technological innovation decision in Vietnam. Science & Technology Development Journal - Economics - Law and Management, 2(2), 40-49. https://doi.org/https://doi.org/10.32508/stdjelm.v2i2.511

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