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Building Capacity for Innovation - Evidence From Vietnam

Author

Listed:
  • Thi Phuong Thao Nguyen
  • Phuc Hieu Nghiem
  • Thi Thu Hong Vo

    (Faculty of Economics - Law -Logistics, Ba Ria -Vung Tau University, Vietnam)

Abstract

This study investigates the effect of capacity building for innovation through research and development (R&D) investment and training on innovation performance. The results show that training positively affects product/service and process innovation, while R&D investment positively affects only product/service innovation. Besides, service firms gain more benefits through training than manufacturing firms. Employee training plays an important role in enhancing innovation performance.

Suggested Citation

  • Thi Phuong Thao Nguyen & Phuc Hieu Nghiem & Thi Thu Hong Vo, 2022. "Building Capacity for Innovation - Evidence From Vietnam," Asian Economics Letters, Asia-Pacific Applied Economics Association, vol. 3(4), pages 1-6.
    • Handle: RePEc:ayb:jrnael:77
    DOI: 2022/11/08
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    References listed on IDEAS

    as
    1. Daron Acemoglu, 1997. "Training and Innovation in an Imperfect Labour Market," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 64(3), pages 445-464.
    2. Rajeev K. Goel & Michael A. Nelson, 2018. "Determinants of process innovation introductions: Evidence from 115 developing countries," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 39(5), pages 515-525, July.
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    More about this item

    Keywords

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    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

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