Innovation and Productivity of Vietnamese Small and Medium Enterprises: Firm level panel data evidence
Innovation is considered as a driver of productivity at both country and firm level. However, the researches on the relationship between innovation and firm productivity in Vietnam are rare. Using Vietnam's SMEs survey in 2007 and 2009, this paper examines this relationship for the small and m...
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| Format: | Article |
| Language: | English |
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EconJournals
2017-06-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/4467 |
| _version_ | 1797918391778934784 |
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| author | Pham Dinh Long Ho Thi Mai Anh |
| author_facet | Pham Dinh Long Ho Thi Mai Anh |
| author_sort | Pham Dinh Long |
| collection | DOAJ |
| description |
Innovation is considered as a driver of productivity at both country and firm level. However, the researches on the relationship between innovation and firm productivity in Vietnam are rare. Using Vietnam's SMEs survey in 2007 and 2009, this paper examines this relationship for the small and medium enterprises (SMEs). Cobb-Douglas production function and the fixed effect model are employed throughout the paper. We find that the presence of innovation has positive effects on firm productivity. In addition, this study also looks at the impact of firm size, firm location and manufacturing sector on the relationship between innovation and SMEs' productivity.
Keywords: innovation, productivity, SMEs Vietnam
JEL Classifications: D24; L60; O31
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| first_indexed | 2024-04-10T13:28:34Z |
| format | Article |
| id | doaj.art-f7355ceb6bc24e49bfedd73cbe992b9a |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T13:28:34Z |
| publishDate | 2017-06-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-f7355ceb6bc24e49bfedd73cbe992b9a2023-02-15T16:11:46ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382017-06-0173Innovation and Productivity of Vietnamese Small and Medium Enterprises: Firm level panel data evidencePham Dinh LongHo Thi Mai Anh Innovation is considered as a driver of productivity at both country and firm level. However, the researches on the relationship between innovation and firm productivity in Vietnam are rare. Using Vietnam's SMEs survey in 2007 and 2009, this paper examines this relationship for the small and medium enterprises (SMEs). Cobb-Douglas production function and the fixed effect model are employed throughout the paper. We find that the presence of innovation has positive effects on firm productivity. In addition, this study also looks at the impact of firm size, firm location and manufacturing sector on the relationship between innovation and SMEs' productivity. Keywords: innovation, productivity, SMEs Vietnam JEL Classifications: D24; L60; O31 https://www.econjournals.com/index.php/ijefi/article/view/4467 |
| spellingShingle | Pham Dinh Long Ho Thi Mai Anh Innovation and Productivity of Vietnamese Small and Medium Enterprises: Firm level panel data evidence International Journal of Economics and Financial Issues |
| title | Innovation and Productivity of Vietnamese Small and Medium Enterprises: Firm level panel data evidence |
| title_full | Innovation and Productivity of Vietnamese Small and Medium Enterprises: Firm level panel data evidence |
| title_fullStr | Innovation and Productivity of Vietnamese Small and Medium Enterprises: Firm level panel data evidence |
| title_full_unstemmed | Innovation and Productivity of Vietnamese Small and Medium Enterprises: Firm level panel data evidence |
| title_short | Innovation and Productivity of Vietnamese Small and Medium Enterprises: Firm level panel data evidence |
| title_sort | innovation and productivity of vietnamese small and medium enterprises firm level panel data evidence |
| url | https://www.econjournals.com/index.php/ijefi/article/view/4467 |
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