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2017
DOI: 10.35188/unu-wider/2017/292-2
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Drivers of productivity in Vietnamese SMEs: The role of management standards and innovation

Abstract: Using a rich panel dataset of SMEs active in the manufacturing sector in Viet Nam, this paper investigates the drivers of firm productivity, focusing on the role played by international management standards certification. We develop and test the hypothesis that, controlling for technological innovation (product and process) and other variables related to technological capabilities, international standards are still conducive to higher productivity, through improved management practices associated with their ad… Show more

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Cited by 9 publications
(12 citation statements)
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References 47 publications
(61 reference statements)
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“…These survey data have also been used by previous studies regarding SMEs in Vietnam (see e.g. Nguyen et al , 2019; Calza et al , 2019; Sharma and Tarp, 2018).…”
Section: Empirical Setting and Datamentioning
confidence: 99%
“…These survey data have also been used by previous studies regarding SMEs in Vietnam (see e.g. Nguyen et al , 2019; Calza et al , 2019; Sharma and Tarp, 2018).…”
Section: Empirical Setting and Datamentioning
confidence: 99%
“…According to Carvalho et al (2017), there are two main approaches concerning companies' innovativeness. The former considers as innovative firms those that introduced innovation in recent years, thus focusing on innovation outputs or proxies such as patents (Calza et al , 2019; Carvalho et al , 2018; Keil et al , 2008). The latter considers innovativeness as a propensity to innovate or a set of capabilities that support companies' innovation such as creativity, strategy, knowledge, network and risk management (Forsman, 2011).…”
Section: Literature Reviewmentioning
confidence: 99%
“…More innovative firms, that is, those that tend to invest in innovative activities, such as introducing new or modifying existing products or technologies, are found to be more likely to adopt standards (Calza et al 2019;Manders et al 2016). This relationship is not simple, as standards and innovation can have synergistic benefits, but may also compete for resources, which is why the interplay depends on the importance of signalling in the business model of the firm, firm motivation, the sector and the region in which the firm operates.…”
Section: Heterogeneity Analysismentioning
confidence: 99%