Building Capacity for Innovation: Evidence From Vietnam

Author:

Nguyen Thi Phuong Thao1ORCID,Nghiem Phuc Hieu1,Vo Thi Thu Hong2

Affiliation:

1. Ba Ria – Vung Tau University, Vietnam

2. The Saigon International 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.

Publisher

Asia-Pacific Applied Economics Association

Subject

General Medicine

Reference22 articles.

1. Training and innovation in an imperfect labour market;Daron Acemoglu;The review of economic studies,1997

2. Where to search for process innovations? The mediating role of absorptive capacity and its impact on process innovation;Omid Aliasghar;Industrial Marketing Management,2019

3. Inward technology licensing as an alternative to internal R&D in new product development: A conceptual framework;Kwaku Atuahene-Gima;Journal of Product Innovation Management,1992

4. The innovation capacity of small food firms in Italy;Marcella De Martino;European Journal of Innovation Management,2018

5. Capabilities for managing service innovation: Towards a conceptual framework;Pim Den Hertog;Journal of Service Management,2010

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