The Innovation Activities of Vietnamese Enterprises: Current Status and Solutions



Innovation has been considered not only an important factor for creating and maintaining the competitiveness of nations but also a key determinant of enterprises performance in over the world. Innovation is the process by which an enterprise develops new products, services, processes or management systems to meet requirements due to the change of business environment, technology. The results of implementing innovation increase capacity of the business, thereby helping the business to develop sustainably in the face of market trends and competition from competitors. This paper aims to explore the current status of innovation activities as well as proposes solutions to develop innovation activities for Vietnamese enterprises. The proposed solutions in this study paper create a premise to improve the competitiveness and sustainable growth of enterprises in the context of deeper and more comprehensive international economic integration.


1. Introduction
2. Theories and Research Method
2.1 Theoretical background
2.2 Research Methods
3. Results
3. Solutions for promote to innovation activities of Vietnamese enterprises
3.1 Application of the triple helix model for innovation activities in Vietnam
3.2 Financial policies to support innovation enterprise development
3.3 Legal Policies to support for enterprises
4. Conclusion


  • Quoc Cuong Nguyen Assistant Professor, Faculty of Technology, Dong Nai Technology University, Dong Nai, Vietnam, Dong Nai Institute for Innovation, Dong Nai, Vietnam
  • Hoang Tuan Nguyen Dong Nai Institute for Innovation, Dong Nai, Vietnam
  • HyukDong Kwon Professor, Graduate School of NID Fusion Technology, Seoul National University of Science and Technology, Seoul, Korea


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