Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/211235
Authors: 
Son Thi Kim Le
Year of Publication: 
2019
Series/Report no.: 
WIDER Working Paper No. 2019/7
Abstract: 
The identification of potential innovation efforts plays an important role in evaluating the innovation process. The innovation efforts of firms in developing countries might be different to those of Western enterprises. This paper evaluates innovation processes in developing countries, especially the relationship between innovation efforts and outcomes. Instead of capturing only investment in research and development as in Western firms, the innovation efforts of firms in developing countries include investments in in-house research and development, technology acquisition, and other informal innovation activities. This research develops a mechanism to capture all innovation efforts based on firms' characteristics, market features, and business environment. A predicted value of innovation investment is created which is intended to capture observed and latent innovation efforts. The results show that predicted innovation investment triggers innovation outcomes (jointly, product and process innovation outcomes) in the context of Vietnamese small- and medium-sized enterprises.
Subjects: 
developing countries
innovation effort
innovation input
innovation investment
innovation outputs
JEL: 
C52
O31
O32
O57
Persistent Identifier of the first edition: 
ISBN: 
978-92-9256-641-8
Document Type: 
Working Paper

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