Technology Adoption Strategies in the Supply Chain: The case of Vietnamese Young Small and Medium-sized Enterprises
The paper, using a three-wave unbalanced panel of 3252 observations of young small and medium-sized firms in 2011–2013, examines the effect of direct linkages between firms with foreign direct investment and young small and medium-sized firms on technology adoption strategies and the further influen...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Elsevier
2020-05-01
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| Series: | Journal of Open Innovation: Technology, Market and Complexity |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2199-8531/6/2/37 |
| _version_ | 1797668521560244224 |
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| author | Quang-Thanh Ngo Ngoc-Phuc Doan Thanh-Hai Thi Tran Tien-Dung Nguyen |
| author_facet | Quang-Thanh Ngo Ngoc-Phuc Doan Thanh-Hai Thi Tran Tien-Dung Nguyen |
| author_sort | Quang-Thanh Ngo |
| collection | DOAJ |
| description | The paper, using a three-wave unbalanced panel of 3252 observations of young small and medium-sized firms in 2011–2013, examines the effect of direct linkages between firms with foreign direct investment and young small and medium-sized firms on technology adoption strategies and the further influence of technology transfers from such linkages on technology adoption strategies. Moreover, the paper analyzes the extent that economic obstacles may cause young small and medium-sized firms to choose different adoptions. Our analysis shows that exporting firms do not tend to conduct embodied backward/forward adoptions, but more likely adopt the embodied backward purchasing. In addition, the impact of competitiveness follows an inverse U-shaped pattern for the embodied backward adoption, but a U-shaped pattern for the disembodied adoption. In terms of market power, there exists an inversed U-shaped pattern for the embodied backward adoption. Under the impact of foreign direct investment (FDI) linkages and vertical spillovers, it is found that technology transfer through backward/forward linkages is associated with the embodied ones, whereas a linkage with FDI domestic customers/suppliers is less likely associated with the embodied ones. In addition, under technology transfer, firms facing economic constraints may overcome these by looking for other financial sources and embodied technology transfer. The paper suggests the path for FDI firms, young small and medium-sized enterprises (SMEs), and technology adoption strategies in the future. |
| first_indexed | 2024-03-11T20:30:30Z |
| format | Article |
| id | doaj.art-994014e30dfb492297de8b9d1ac02348 |
| institution | Directory Open Access Journal |
| issn | 2199-8531 |
| language | English |
| last_indexed | 2024-03-11T20:30:30Z |
| publishDate | 2020-05-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Journal of Open Innovation: Technology, Market and Complexity |
| spelling | doaj.art-994014e30dfb492297de8b9d1ac023482023-10-02T09:41:28ZengElsevierJournal of Open Innovation: Technology, Market and Complexity2199-85312020-05-016373710.3390/joitmc6020037Technology Adoption Strategies in the Supply Chain: The case of Vietnamese Young Small and Medium-sized EnterprisesQuang-Thanh Ngo0Ngoc-Phuc Doan1Thanh-Hai Thi Tran2Tien-Dung Nguyen3Center for Economic and Financial Research, University of Economics and Law (UEL), Ho Chi Minh City 71309, VietnamFaculty of Economics & Law, University of Finance-Marketing, Ho Chi Minh City 72910, VietnamSchool of Accounting, University of Economics Ho Chi Minh City (UEH), Ho Chi Minh City 72407, VietnamUniversity of Economics and Law (UEL), Vietnam National University Ho Chi Minh City (VNU-HCM), Ho Chi Minh City 71309, VietnamThe paper, using a three-wave unbalanced panel of 3252 observations of young small and medium-sized firms in 2011–2013, examines the effect of direct linkages between firms with foreign direct investment and young small and medium-sized firms on technology adoption strategies and the further influence of technology transfers from such linkages on technology adoption strategies. Moreover, the paper analyzes the extent that economic obstacles may cause young small and medium-sized firms to choose different adoptions. Our analysis shows that exporting firms do not tend to conduct embodied backward/forward adoptions, but more likely adopt the embodied backward purchasing. In addition, the impact of competitiveness follows an inverse U-shaped pattern for the embodied backward adoption, but a U-shaped pattern for the disembodied adoption. In terms of market power, there exists an inversed U-shaped pattern for the embodied backward adoption. Under the impact of foreign direct investment (FDI) linkages and vertical spillovers, it is found that technology transfer through backward/forward linkages is associated with the embodied ones, whereas a linkage with FDI domestic customers/suppliers is less likely associated with the embodied ones. In addition, under technology transfer, firms facing economic constraints may overcome these by looking for other financial sources and embodied technology transfer. The paper suggests the path for FDI firms, young small and medium-sized enterprises (SMEs), and technology adoption strategies in the future.https://www.mdpi.com/2199-8531/6/2/37technology adoptionembodied backward adoptionembodied backward purchasingembodied forward adoptionembodied forward purchasingdisembodied adoption |
| spellingShingle | Quang-Thanh Ngo Ngoc-Phuc Doan Thanh-Hai Thi Tran Tien-Dung Nguyen Technology Adoption Strategies in the Supply Chain: The case of Vietnamese Young Small and Medium-sized Enterprises Journal of Open Innovation: Technology, Market and Complexity technology adoption embodied backward adoption embodied backward purchasing embodied forward adoption embodied forward purchasing disembodied adoption |
| title | Technology Adoption Strategies in the Supply Chain: The case of Vietnamese Young Small and Medium-sized Enterprises |
| title_full | Technology Adoption Strategies in the Supply Chain: The case of Vietnamese Young Small and Medium-sized Enterprises |
| title_fullStr | Technology Adoption Strategies in the Supply Chain: The case of Vietnamese Young Small and Medium-sized Enterprises |
| title_full_unstemmed | Technology Adoption Strategies in the Supply Chain: The case of Vietnamese Young Small and Medium-sized Enterprises |
| title_short | Technology Adoption Strategies in the Supply Chain: The case of Vietnamese Young Small and Medium-sized Enterprises |
| title_sort | technology adoption strategies in the supply chain the case of vietnamese young small and medium sized enterprises |
| topic | technology adoption embodied backward adoption embodied backward purchasing embodied forward adoption embodied forward purchasing disembodied adoption |
| url | https://www.mdpi.com/2199-8531/6/2/37 |
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