DOI: 10.58567/eal02040004 ISSN: 2972-3272

Globalization and innovation: Evidence from Vietnamese small and medium sized enterprises

Ba Hoang Nguyen, Ho Hoang Gia Bao, Hoang Phong Le, Tram B.T. Tran, Thanh An Vu
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<p style="text-align:justify"><span style="font-size:10.5pt"><span style="font-family:等线"><span dir="ltr" lang="EN-US" style="font-family:&quot;Cambria&quot;,serif"><span style="color:black">The purpose of this research is to investigate how globalization affects innovation in Vietnam&rsquo;s small and medium sized enterprises (SMEs). Utilizing Probit model and the data from Vietnam&rsquo;s SMEs Survey during the period 2005-2015, the research examines the micro and macro effects of globalization on the innovation of these businesses. The main results show that at macro level, globalization is negatively correlated with innovation. However, at micro level, increasing competition pressure and knowledge transfer due to globalization are positively correlated with innovation of Vietnam&rsquo;s SMEs.</span></span></span></span></p>

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