{"title":"创新是否能提高劳动工资并促进企业财务绩效?基于贝叶斯方法的越南农业企业实证研究","authors":"Quang Phu Tran, The Kien Nguyen","doi":"10.17323/1813-8691-2022-26-3-475-486","DOIUrl":null,"url":null,"abstract":"Many studies have agreed that innovation leads to product and process improvements, allows firms to grow more quickly, be more efficient, and ultimately be more profitable than non-innovators. In this study, we explore the impact of innovation (including product innovation, process innovation, organizational innovation, and marketing innovation) on firms’ financial performance and employees’ wages in Vietnamese agricultural firms. We take a survey from 257 agricultural firms in Vietnam and analyze our dataset with the Bayesian multiple regression approach. Our results show that product, process, and marketing innovations positively affect firms’ financial performance, while organizational innovation contrib-utes positively to an increase in average labor wage. These results give some inside implications for firms and the government in distributing resources efficiently for promoting different aspects of innovation.","PeriodicalId":37657,"journal":{"name":"HSE Economic Journal","volume":"1 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Does Innovation Increase Labor Wage and Boost Firm’s Financial Performance? Evidence of Agricultural Firms in Vietnam with Bayesian Approach\",\"authors\":\"Quang Phu Tran, The Kien Nguyen\",\"doi\":\"10.17323/1813-8691-2022-26-3-475-486\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Many studies have agreed that innovation leads to product and process improvements, allows firms to grow more quickly, be more efficient, and ultimately be more profitable than non-innovators. In this study, we explore the impact of innovation (including product innovation, process innovation, organizational innovation, and marketing innovation) on firms’ financial performance and employees’ wages in Vietnamese agricultural firms. We take a survey from 257 agricultural firms in Vietnam and analyze our dataset with the Bayesian multiple regression approach. Our results show that product, process, and marketing innovations positively affect firms’ financial performance, while organizational innovation contrib-utes positively to an increase in average labor wage. These results give some inside implications for firms and the government in distributing resources efficiently for promoting different aspects of innovation.\",\"PeriodicalId\":37657,\"journal\":{\"name\":\"HSE Economic Journal\",\"volume\":\"1 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2022-01-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"HSE Economic Journal\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.17323/1813-8691-2022-26-3-475-486\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"HSE Economic Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.17323/1813-8691-2022-26-3-475-486","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Does Innovation Increase Labor Wage and Boost Firm’s Financial Performance? Evidence of Agricultural Firms in Vietnam with Bayesian Approach
Many studies have agreed that innovation leads to product and process improvements, allows firms to grow more quickly, be more efficient, and ultimately be more profitable than non-innovators. In this study, we explore the impact of innovation (including product innovation, process innovation, organizational innovation, and marketing innovation) on firms’ financial performance and employees’ wages in Vietnamese agricultural firms. We take a survey from 257 agricultural firms in Vietnam and analyze our dataset with the Bayesian multiple regression approach. Our results show that product, process, and marketing innovations positively affect firms’ financial performance, while organizational innovation contrib-utes positively to an increase in average labor wage. These results give some inside implications for firms and the government in distributing resources efficiently for promoting different aspects of innovation.
HSE Economic JournalEconomics, Econometrics and Finance-Economics, Econometrics and Finance (all)
CiteScore
1.10
自引率
0.00%
发文量
2
期刊介绍:
The HSE Economic Journal publishes refereed papers both in Russian and English. It has perceived better understanding of the market economy, the Russian one in particular, since being established in 1997. It disseminated new and diverse ideas on economic theory and practice, economic modeling, applied mathematical and statistical methods. Its Editorial Board and Council consist of prominent Russian and foreign researchers whose activity has fostered integration of the world scientific community. The target audience comprises researches, university professors and graduate students. Submitted papers should match JEL classification and can cover country specific or international economic issues, in various areas, such as micro- and macroeconomics, econometrics, economic policy, labor markets, social policy. Apart from supporting high quality economic research and academic discussion the Editorial Board sees its mission in searching for the new authors with original ideas. The journal follows international reviewing practices – at present submitted papers are subject to single blind review of two reviewers. The journal stands for meeting the highest standards of publication ethics.