Trends for development of mechanism to encourage investment for Research-Development and technology transfer in Vietnam
Keywords:
Technology transfer, Invest in R&D, R&DAbstract
Up to the years 80s Vietnam economy passed its development in the State center controlled and subsidized mechanism. According to it, the R&D investment and technology transfer is assigned to the State, every activity being conducted according to the State plans without any policy and mechanism to encourage other economic sectors to participate in R&D investment and technology transfer.
Since the years 80s, as result of the “Doi Moi” policy, the economic activities of Vietnam are gradually shifted toward the socialism oriented market mechanism. According to it, in S&T field, the State promulgates various mechanisms and policies to encourage and push up economic sectors, particularly industrial businesses, to do R&D investments and technology transfer. These measures include the aspects of organization, taxation, credit, venture capital mobilization, human resources, material basis and other measures in order to increase technological capacities, competing powers and capacities to produce new products and new technologies for social development, particularly for industrialization-modernization of the country.
Code: 11042301
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