ADOPTION OF TECHNOLOGICAL INNOVATION IN A DEVELOPING COUNTRY: AN EMPIRICAL ANALYSIS OF ENTERPRISES IN LAO PEOPLE'S DEMOCRATIC REPUBLIC

Michael Louis Troilo ()
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Michael Louis Troilo: Collins College of Business, The University of Tulsa, 800 South Tucker Avenue, Tulsa, OK 74104, USA

Journal of Developmental Entrepreneurship (JDE), 2014, vol. 19, issue 03, 1-15

Abstract: This study investigates the adoption of technological innovation in a least-developed economy: Lao People's Democratic Republic. World Bank Survey data encompassing nearly 380 enterprises from 2009 and 2012 were used to analyze the effects of collaboration between smaller domestic firms and larger firms, both foreign and domestic. Collaboration with larger firms is statistically significant for adopting new technologies and for adopting new processes, with the former significant for sales. In addition, foreign ownership is statistically significant for sales in one of the OLS estimates. This suggests small and medium enterprises (SMEs), particularly the latter at this point in Lao PDR, would benefit from membership in global value/supply chains.

Keywords: Economic development; SMEs; Lao People's Democratic Republic; technological innovation; resource-based view; absorptive capacity (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1142/S1084946714500198

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