Is that Innovation?: Assessing Examples of Revitalized Economic Dynamics among Clusters of Small Producers in Northern Vietnam

Jaap Voeten, Job de Haan and Gerard de Groot

No RP2009-53, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper addresses the question whether innovation is within reach for small enterprises in developing economies by studying four cases of new technologies, products and business practices in traditional craft in Northern Vietnam. The paper starts with reviewing definitions of innovation since Schumpeter. It concludes that newness, value creation and process are time and again considered as the key-elements of innovation. Innovation, hence, may be summarized as the process of introducing something new that creates value.

Keywords: Qualitative research; Small business; Technological innovations; Value (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (4)

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