The Effect of Innovation Cooperation on Innovation Performance of Start-Ups in Vietnam

Tran Lan Huong (), Do Thi Hai Ha (), Tran Thi Hoa () and Le Tri Nhan ()
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Tran Lan Huong: Lecturer, Management Science Faculty, National Economics University
Do Thi Hai Ha: Head of Faculty, Management Science Faculty, National Economics University
Tran Thi Hoa: National Economics University
Le Tri Nhan: Chairperson, Vietnam Union of Students, National Economics University

A chapter in Knowledge Transformation and Innovation in Global Society, 2024, pp 199-220 from Springer

Abstract: Abstract Collaboration and partnership with other entities in the start-up ecosystem can be a game-changer for a start-up’s success. It is not uncommon for start-ups to seek collaborations with leading industry players to increase their chances of innovation success, which is a crucial factor in their survival and growth in today’s competitive market. Through partnerships, start-ups can increase their value proposition, save costs, and utilize available resources, including funding, mentorship, and expertise. This research provides valuable insights and implications for Vietnam start-up founders considering adopting innovation cooperation strategies. In particular, this study focuses on product innovation as the dependent variable and examines the effects of innovation cooperation and internal R&D intensity on the product innovation of Vietnam start-ups. The empirical results suggest that investing in internal R&D alone may not be enough to guarantee success in product innovation. However, the study finds a robust positive effect of innovation cooperation, measured by co-patent cooperation in R&D and manufacturing, on product innovation.

Keywords: Co-patent; Innovation cooperation; Manufacturing alliance; Product innovation; R&D alliance; Start-ups (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-7301-9_10

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DOI: 10.1007/978-981-99-7301-9_10

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