Arbeitspapier

Dynamics of innovation and internationalization among small and medium-sized enterprises in Viet Nam

This paper examines the bidirectional causality between innovation and internationalization in the context of developing countries. Using a dynamic bivariate probit model and adopting a broad definition of internationalization, this paper analyzes these issues using a panel dataset of small and medium-sized enterprises in Viet Nam. The results show a high persistence in process and product innovations and internationalization decisions. Furthermore, we find that, for non-micro firms, past internationalization has a positive effect on process innovation, but past process innovation does not have a significant effect on the internationalization decision. For this group of firms, we also find signs of cross-dependence between process innovation and the internationalization decision. Our results, however, do not show dynamic interdependence between internationalization and product innovation.

Sprache
Englisch

Erschienen in
Series: ADBI Working Paper ; No. 580

Klassifikation
Wirtschaft
Firm Objectives, Organization, and Behavior: General
Firm Performance: Size, Diversification, and Scope
Innovation and Invention: Processes and Incentives
Thema
SME internationalization and innovation
process innovation
cross-dependence
product innovation

Ereignis
Geistige Schöpfung
(wer)
Trinh, Long Q.
Ereignis
Veröffentlichung
(wer)
Asian Development Bank Institute (ADBI)
(wo)
Tokyo
(wann)
2016

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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Objekttyp

  • Arbeitspapier

Beteiligte

  • Trinh, Long Q.
  • Asian Development Bank Institute (ADBI)

Entstanden

  • 2016

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