Innovation and export of Vietnam's SME sector

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2008

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Abstract

The paper examines whether innovation performed by small and medium enterprises (SMEs) enhances their exporting likelihood in the context of the developing country of Vietnam. Using a uniquely rich Vietnamese SMEs database, findings indicate that innovation as measured directly by ‘new products’ ‘new production process’ and ‘improvement of existing products’ are important determinants of exports by Vietnamese SMEs. There is also evidence of endogeneity of innovation that may lead to a biased estimate of innovation in previous studies, which failed to take this problem into account.

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Also published in the European journal of development research, volume 20, issue 2, 2008

Keywords

INNOVATION, SMALL ENTERPRISES, MEDIUM ENTERPRISES, ECONOMIC DEVELOPMENT, ECONOMIC RESEARCH, EXPORTS, INSTRUMENTAL VARIABLE, BIVARIATE PROBIT, VIET NAM

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http://hdl.handle.net/10625/46795

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IDRC Research Results / Résultats de recherches du CRDI
2000-2009 / Années 2000-2009
Research Results (GGP) / Résultats de recherches (MCP)