IDEAS home Printed from https://ideas.repec.org/a/ags/areint/355995.html

The impact of policies on the digital transformation capability of Vietnamese agricultural enterprises: the moderating role of policy accessibility

Author

Listed:
  • Do Thi, Man
  • Le Huyen, Trang
  • Le Thi, Lan

Abstract

Purpose. This study focuses on evaluating the implementation of policies and programmes introduced by the government and local authorities to support the digital transformation of agricultural enterprises. It also analyses the impact of these policies and other factors on the digital transformation capabilities of agricultural enterprises in Vietnam, with the moderating role of policy accessibility. Methodology / approach. The study employs a combination of qualitative and quantitative research methods. The impact of policies on digital transformation capabilities was tested through multiple regression analysis, using data collected from a survey of 400 agricultural enterprises in Thanh Hoa. Results. The findings reveal that government support policies are a crucial determinant of the digital transformation capabilities of businesses, alongside five other factors included in the model. Policy support is the second most influential factor in enhancing digital transformation. Furthermore, policy accessibility acts as a moderating variable that strengthens the positive relationship between government policies and digital transformation capabilities. Based on the research results, a number of recommendations are proposed for public authorities and enterprises to improve the digital transformation process. Originality / scientific novelty. This research provides both an analysis of the practical implementation of digital transformation policies for agricultural enterprises and an assessment of their impact on digital transformation capabilities. Additionally, by introducing policy accessibility as a moderating variable, the study underscores its role in shaping the relationship between policy support and digital transformation, leading to more targeted recommendations for improving the digital transformation of businesses. Practical value / implications. Based on the findings, the study offers several recommendations for government authorities that improve the effectiveness of policies such as establishing a centralised digital platform, organising regular regional workshops and webinars, simplifying procedures, continuously evaluate the effectiveness of their policies, building a collaborative ecosystem. In term of agricultural enterprises, they should establish internal teams dedicated to navigating policy frameworks and ensuring compliance with government regulations, enhancing transparency in their financial and operational records and seek to build partnerships with legal and advisory services to improve their accessibility to supporting policies.

Suggested Citation

  • Do Thi, Man & Le Huyen, Trang & Le Thi, Lan, . "The impact of policies on the digital transformation capability of Vietnamese agricultural enterprises: the moderating role of policy accessibility," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 10(4).
  • Handle: RePEc:ags:areint:355995
    DOI: 10.22004/ag.econ.355995
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/355995/files/5_Do%20Thi%20article.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.355995?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Beck, Thorsten & Demirguc-Kunt, Asli & Laeven, Luc & Maksimovic, Vojislav, 2006. "The determinants of financing obstacles," Journal of International Money and Finance, Elsevier, vol. 25(6), pages 932-952, October.
    2. Chun-Liang Chen & Yao-Chin Lin & Wei-Hung Chen & Cheng-Fu Chao & Henry Pandia, 2021. "Role of Government to Enhance Digital Transformation in Small Service Business," Sustainability, MDPI, vol. 13(3), pages 1-24, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bena, Jan & Ondko, Peter, 2012. "Financial development and the allocation of external finance," Journal of Empirical Finance, Elsevier, vol. 19(1), pages 1-25.
    2. Anthony J. Evans, 2016. "The unintended consequences of easy money: How access to finance impedes entrepreneurship," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 29(3), pages 233-252, September.
    3. Stella Mendes Carneiro & Marcio Issao Nakane, 2020. "The perils of crossing borders: The financial constraints of Brazilian exporters during the 2009 Global Trade Collapse," Working Papers, Department of Economics 2020_01, University of São Paulo (FEA-USP).
    4. Alhammadi, Abdulnaser & Shahadan, Faridah, 2014. "The Determinants of Growth Performance of Small Services Enterprises in Yemen," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 48(1), pages 35-48.
    5. Bruhn, Miriam & Ortega Hernandez,Johan Andrey & Ruiz Ortega, Claudia, 2025. "Do Formal Loans Boost SME Performance ? Key Takeaways from a Meta-Analysis," Policy Research Working Paper Series 11140, The World Bank.
    6. Knack, Steve & Xu, Lixin Colin, 2017. "Unbundling institutions for external finance: Worldwide firm-level evidence," Journal of Corporate Finance, Elsevier, vol. 44(C), pages 215-232.
    7. Didier, Tatiana & Schmukler, Sergio L., 2013. "The financing and growth of firms in China and India: Evidence from capital markets," Journal of International Money and Finance, Elsevier, vol. 39(C), pages 111-137.
    8. Navjot Sandhu & Hatem El-Gohary, 2023. "Unveiling the Impact of Psychological Traits on Innovative Financial Decision-making in Small Tourism Businesses," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(3), pages 2284-2317, September.
    9. Florian LEON & Laurent WEILL, 2021. "Elections Hinder Firms’ Access to Credit," Working Papers of LaRGE Research Center 2021-03, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg.
    10. Cheng, Hang & Ruan, Ping & Wang, Peng, 2024. "The impact of surging computing power on enterprise digital transformation–Based on quasi-natural experiments set up by the National Supercomputing Center," Finance Research Letters, Elsevier, vol. 65(C).
    11. Yuhuan Jin & Sheng Zhang, 2019. "Credit Rationing in Small and Micro Enterprises: A Theoretical Analysis," Sustainability, MDPI, vol. 11(5), pages 1-15, March.
    12. Elmas Yaldiz Hanedar & Eleonora Broccardo & Flavio Bazzana, 2012. "Collateral Requirements of SMEs:The Evidence from Less–Developed Countries," Centro Studi di Banca e Finanza (CEFIN) (Center for Studies in Banking and Finance) 0034, Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi".
    13. Choi, Moon Jung & Hwang, Sangyeon & Im, Hyejoon, 2022. "Cross-border trade credit and trade flows during the global financial crisis," International Review of Economics & Finance, Elsevier, vol. 82(C), pages 497-510.
    14. Abu Ayob & Shamshubaridah Ramlee & Aisyah Abdul Rahman, 2015. "Financial factors and export behavior of small and medium-sized enterprises in an emerging economy," Journal of International Entrepreneurship, Springer, vol. 13(1), pages 49-66, March.
    15. Marcela Eslava & Xavier Freixas, 2021. "Public Development Banks and Credit Market Imperfections," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 53(5), pages 1121-1149, August.
    16. T.A. Bhavani & N.R. Bhanumurthy, 2014. "Financial Access - Measurement and Determinants: A Case Study of Unorganised Manufacturing Enterprises in India," Indian Economic Review, Department of Economics, Delhi School of Economics, vol. 49(1), pages 85-108.
    17. Estrin, Saul & Mickiewicz, Tomasz, 2010. "Entrepreneurship in Transition Economies: The Role of Institutions and Generational Change," IZA Discussion Papers 4805, IZA Network @ LISER.
    18. Imronudin & Javed Ghulam Hussain, 2016. "Why Do Bank Finance Clients Prefer Mark-up to Profit Loss Sharing Principles? Evidence from Islamic Rural Banks and Small to Medium Enterprises in Indonesia," International Journal of Economics and Financial Issues, Econjournals, vol. 6(4), pages 1407-1412.
    19. Michal Karas & Mária Režòáková, 2023. "A novel approach to estimating the debt capacity of European SMEs," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 18(2), pages 551-581, June.
    20. Dorgyles C.M. Kouakou, 2024. "Can past informality impede registered firms’ access to credit?," Economics Working Paper Archive (University of Rennes & University of Caen) 2024-08, Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS.

    More about this item

    Keywords

    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:areint:355995. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: http://are-journal.com/are .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.