Intangible assets, global value chains, and innovation: evidence from Vietnamese SMEs

IF 2.8 4区管理学 Q2 BUSINESS

Industrial and Corporate Change Pub Date : 2024-02-29 DOI:10.1093/icc/dtae011

Hung Quang Doan, Francesca Masciarelli, Valentina Meliciani

引用次数: 0

Abstract

This paper studies the impact of participation in global value chains (GVCs) on innovation in Vietnamese small and medium enterprises (SMEs). We find that the Vietnamese SMEs that participate in GVCs are more likely to introduce product innovation. We also show that the likelihood of introducing product innovation for firms that participate in GVCs increases when they invest in intangible assets. These findings qualify the learning-by-participating model in GVCs by showing that the gains from GVC participation depend on a firm’s internal absorptive capacities.

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无形资产、全球价值链和创新：来自越南中小企业的证据

本文研究了参与全球价值链对越南中小企业创新的影响。我们发现，参与全球价值链的越南中小企业更有可能进行产品创新。我们还发现，当参与全球价值链的企业投资于无形资产时，它们引进产品创新的可能性会增加。这些研究结果表明，参与全球价值链的收益取决于企业的内部吸收能力，从而验证了全球价值链中的 "参与中学习 "模式。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Industrial and Corporate Change Multiple-

CiteScore

5.10

自引率

4.00%

发文量

期刊介绍： The journal covers the following: the internal structures of firms; the history of technologies; the evolution of industries; the nature of competition; the decision rules and strategies; the relationship between firms" characteristics and the institutional environment; the sociology of management and of the workforce; the performance of industries over time; the labour process and the organization of production; the relationship between, and boundaries of, organizations and markets; the nature of the learning process underlying technological and organizational change.