Experiences of foreign countries in applying approaches to innovation policy development

Authors

  • Cao Thi Thu Anh
  • Nguyen Thi Thuy Linh
  • Pham Thuy Hanh

Keywords:

Innovation Policy, Transformative Innovation, Innovation System

Abstract

This study analyzes the experiences of Sweden, Finland, and China in adopting various approaches to innovation policy development, drawing useful lessons for Vietnam. Through the phases of evolving innovation policy approaches - from focusing on economic growth to building national innovation systems and pursuing sustainable development - all three countries have implemented effective strategies tailored to their specific contexts. Sweden emphasizes the role of fundamental research and interdisciplinary collaboration, Finland has established a robust innovation system, while China focuses on institutional reforms and technology transfer. The article proposes that Vietnam's innovation policy should strengthen investment in fundamental research, especially in high-tech sectors, foster closer connections among stakeholders, and promote the application of science and technology (S&T) for sustainable economic development.

Code: 24120302

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Published

03-04-2025

How to Cite

Cao Thi Thu Anh, Nguyen Thi Thuy Linh, & Pham Thuy Hanh. (2025). Experiences of foreign countries in applying approaches to innovation policy development. Journal SCIENCE AND TECHNOLOGY POLICIES AND MANAGEMENT, 13(4), 110–122. Retrieved from https://vietnamstijournal.net/index.php/JSTPM/article/view/562

Issue

Vol. 13 No. 4 (2024)

Section

STUDIES OF STRATEGIES AND MANAGEMENT

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