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

Tran Thi Hue ()
Additional contact information
Tran Thi Hue: Foreign Trade University

Eurasian Business Review, 2019, vol. 9, issue 3, No 1, 247-267

Abstract: 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.

Keywords: Innovation decision; manufacturing firms; TOE model; Vietnam (search for similar items in EconPapers)
JEL-codes: L60 O30 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://link.springer.com/10.1007/s40821-019-00125-w Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:eurasi:v:9:y:2019:i:3:d:10.1007_s40821-019-00125-w

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/40821

DOI: 10.1007/s40821-019-00125-w

Access Statistics for this article

Eurasian Business Review is currently edited by Marco Vivarelli

More articles in Eurasian Business Review from Springer, Eurasia Business and Economics Society Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().