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All Journal Journal Development Manecos Mustard Journal De Ecobusin
Dung, Pham Anh
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Economics, Econometrics & Finance

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Strengthening Economic Innovation in Vietnam: A SWOT Analysis of Research and Development Role and Impact Huy, Dinh Tran Ngoc; Dung, Pham Anh; Nuong, Le Ngoc; Han, Le Thi; Hien, Dinh Tran Ngoc; Nhan, Pham Hung
Journal Development Manecos Vol. 2 No. 3 (2024): Journal Development Manecos
Publisher : Scieclouds Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71435/604101

Abstract

This research aims at analyzing Research and Development (R&D) for economic innovation in Vietnam, the opportunities and challenges for enhancing the partnership between public and private sector institutions and universities. In this work, adopting an analytical and descriptive approach, historical analysis, document, and comparative analysis, we assessed the existing framework for R&D in Vietnam and its contribution to the country’s economic growth. The results highlighted the fact, where Vietnam has succeeded in constructing the public R & D network, especially through governmental funding to institutes but the interaction between the public and private sectors has still a long way ahead. Cross-sectional studies between South Korea and Taiwan illustrated that public-private partnerships and university collaboration important for advancement of the innovation capacity and economic growth. The study also looks into the issues of obsolescence of equipment and technology, low private sector participation and problems of technology transfers in the global market. Thus, it is recommended that Vietnam should compliment its R&D environment by benchmarking to such models, identifying specific sectoral linkage, and increasing R&D investment in the relevant sectors. In this way, Vietnam can improve the role and efficiency of R&D with an aim to enhance productivity, and thus enhance the competitiveness and sustainable economic growth.
Analysis on Relation Between Economic innovation models and Bank roles Huy, Dinh Tran Ngoc; Dung, Pham Anh; Nuong, Le Ngoc; Han, Le Thi; Ms, Do Thi Sang; Hien, Dinh Tran Ngoc; Nhan, MSc Pham Hung
Mustard Journal De Ecobusin Vol. 1 No. 3 (2024): Mustard Journal De Ecobusin
Publisher : Generasi Sains Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37899/mjde.v1i3.66

Abstract

This paper interprets the connections between economic innovation models and banking roles in the past few years. The methodological methodology includes qualitative research, or synthesis and inductive. According to Savvides et al. (2003), domestic research and development as well as foreign direct investment help in rising domestic productivity and value-added growth, recent researches support the same results. The SWOT framework is extended with the help of one more value-analysis element. The findings show that green technology helps Vietnam to expand its market and consumer base, and green transformation will increase the export potential of firms and allow them to enter the global supply chain.
Co-Authors Han, Le Thi Hien, Dinh Tran Ngoc Huy, Dinh Tran Ngoc Ms, Do Thi Sang Nhan, MSc Pham Hung Nhan, Pham Hung Nuong, Le Ngoc