Research on the theoretical basis of innovation clusters and some suggestions for Vietnam

Authors

  • Nguyen Xuan Hoa
  • Tran Vu Tuan Phan
  • Nguyen Quoc Hung
  • Nguyen Quoc Dat
  • Tran Minh Huyen

Keywords:

Innovation, Clusters of Innovation, Policy, Enterprise

Abstract

Innovation strategy in general, and the formation and development of Clusters of Innovation in particular, are not exclusive activities of the state or a single enterprise. ICs serve as a driving force that motivates businesses within the cluster to seek new sources of knowledge and technology, and apply these to products and production processes. Clusters of Innovation are characterized by production networks of independent enterprises, knowledge production factors, bridging institutions, and customers linked to independent enterprises, knowledge production factors, and other bridging institutions and customers in the valuable product chain. In Vietnam, activities related to knowledge transfer, technology, and technology commercialization face numerous challenges due to the absence of a well-defined and developed technology market, as well as limitations in the network of technology transfer organizations. Therefore, the research, formation, and development of Innovation Clusters in Vietnam will enhance the connection between the research sector and the production application sector. It will promote the application of technological innovation, leading to the creation of new industries and business methods in Vietnam. Theoretical research on the Cluster of Innovation will lay the groundwork for policy recommendations for Vietnam

Code: 23111601

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References

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Published

17-03-2024

How to Cite

Nguyen Xuan Hoa, Tran Vu Tuan Phan, Nguyen Quoc Hung, Nguyen Quoc Dat, & Tran Minh Huyen. (2024). Research on the theoretical basis of innovation clusters and some suggestions for Vietnam. Journal SCIENCE AND TECHNOLOGY POLICIES AND MANAGEMENT, 12(4), 88–103. Retrieved from https://vietnamstijournal.net/index.php/JSTPM/article/view/521

Issue

Vol. 12 No. 4 (2023): Vol 12, No 4, 2023

Section

STUDIES OF STRATEGIES AND MANAGEMENT

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