Innovation and Productivity of Vietnamese Small and Medium Enterprises: Firm Level Panel Data Evidence

Pham Long () and Ho Thi Mai Anh
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Ho Thi Mai Anh: HCMC Open University, 97 Vo Van Tan, Ho Chi Minh City, Vietnam.

International Journal of Economics and Financial Issues, 2017, vol. 7, issue 3, 226-232

Abstract: Innovation is considered as a driver of productivity at both country and firm level. However, the researches on the relationship between innovation and firm productivity in Vietnam are rare. Using Vietnam's small and medium enterprises (SMEs) survey in 2007 and 2009, this paper examines this relationship for the SMEs. Cobb-Douglas production function and the fixed effect model are employed throughout the paper. We find that the presence of innovation has positive effects on firm productivity. In addition, this study also looks at the impact of firm size, firm location and manufacturing sector on the relationship between innovation and SMEs' productivity.

Keywords: Innovation; Productivity; Vietnam Small and Medium Enterprises (search for similar items in EconPapers)
JEL-codes: D24 L60 O31 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ1:2017-03-30

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