Slack resources and innovation in Vietnamese SMEs: A behavioural, stewardship, and institutional perspective

Tam Nguyen () and Trinh Duc Chieu

No wp-2018-78, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Slack resources are usually identified as an endogenous motivation for firms' innovation. Still, it is crucial to assess the importance of slack in supporting innovation, especially in different institutional contexts. Therefore, the paper investigates the relationship by exploring a longitudinal dataset of 15,589 observations from about 2,500 surveyed manufacturing small and medium enterprises (SMEs) in Vietnam. The analysis reveals that slack resources promote innovation in different ways.

Keywords: Innovation; Slack; Institutional economics; SMEs; Behavioural Theory; Institutional economics theory; Stewardship theory (search for similar items in EconPapers)
Date: 2018
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