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VNUHCM Journal of

Science and Technology Development

An official journal of Viet Nam National University Ho Chi Minh City, Viet Nam since 1997

ISSN: 1859-0128
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Economics, Law and Management - Research article Open Access Logo

Determinants of persistence in innovation of electronics enterprise in Ho Chi Minh city

Long Thanh Tran 1, *
Nguyen The Huynh 2

  1. University of Economics and Law, VNU HCM
  2. College of Finance and Customs
Correspondence to: Long Thanh Tran, University of Economics and Law, VNU HCM. Email: pvphuc@vnuhcm.edu.vn.
Volume & Issue: Vol. 19 No. 2 (2016) | Page No.: 67-76 | DOI: 10.32508/stdj.v19i2.728
Published: 2016-06-30

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Copyright © 2016 by the author(s).

Copyright The Author(s) 2023. This article is published with open access by Vietnam National University, Ho Chi Minh city, Vietnam. This article is distributed under the terms of the Creative Commons Attribution License (CC-BY 4.0) which permits any use, distribution, and reproduction in any medium, provided the original author(s) and the source are credited. 

Abstract

This study analyzes the factors affecting the persistence in innovation of enterprises in electronics industry in Ho Chi Minh City using DPM (Dynamic Probit Model) with MLE (Maximum Likelihood Estimation) and CML (Conditional Maximum Likelihood) estimation method. Data are collected from annual enterprise surveys in the period between 2007 and 2013 by GSO. The results show that firm size and foreign ownership affect the persistent innovation of the electronic enterprises in Ho Chi Minh City. This indicates that enterprises in the electronic industry in the upcoming time need to strengthen and enhance size, attract foreign investment to facilitate this innovation performance for the stable and sustainable development

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