The lasting effects of innovation on firm profitability: panel evidence from a transitional economy

被引：34
|
作者：
Anh Ngoc Mai [1 ]
Huong Van Vu [2 ]
Bien Xuan Bui [3 ]
Tuyen Quang Tran [2 ]
机构：
[1] Acad Finance, Fac Accounting, Hanoi, Vietnam
[2] VNU Univ Econ & Business, Ctr Data & Socioecon Anal, Hanoi, Vietnam
[3] Financial & Banking Univ, Hanoi, Vietnam
来源：
ECONOMIC RESEARCH-EKONOMSKA ISTRAZIVANJA | 2019年 / 32卷 / 01期
关键词：
Innovation; firm profitability; SMEs and Vietnam; RESEARCH-AND-DEVELOPMENT; MANUFACTURING FIRMS; PERFORMANCE; PRODUCTIVITY; GROWTH; ORIENTATION; CORRUPTION; CAPABILITY; MANAGEMENT; EVOLUTION;
D O I：
10.1080/1331677X.2019.1660199
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study is the first to study the lasting effects of innovation on firm profitability in Vietnam. Using a unique panel dataset for the period 2005-2015, our results show that innovators achieve higher profit in comparison with non-innovating firms. The positive effects of innovation on firm profitability are observed not only in the short term but also in the longer term. The benefits of innovation for firm profitability can be seen in higher export probability, better productivity, better access to formal credit, and the ability to secure government support, but only after innovation.
引用
收藏
页码：3411 / 3430
页数：20
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