R&D is one of the most important roles of universities. Many previous studies examined the impact of financial factor on university R&D activities but reached no consensus view. This article contributes to the current literature by exploring how financial factor and other factors influence R&D activities in Vietnamese universities. The author employed a survey dataset from the Association of Vietnam universities and colleges to check whether unfavourable financial condition hindered university R&D activities. Using structural equation modelling, the author found empirical evidence that financial constraint could hamper R&D productivity. On the other hand, favourable conditions in management, communication, infrastructure and human resources were found to improve R&D activities. This led to some policy suggestions to improve R&D activities in Vietnam higher education institutions.

中文翻译：

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越南高校R＆D活动的财务约束-实证研究

研发是大学最重要的角色之一。先前的许多研究都研究了财务因素对大学R＆D活动的影响，但没有达成共识。本文通过探讨财务因素和其他因素如何影响越南大学的R＆D活动，为当前文献做出了贡献。作者使用了越南高校协会的调查数据集来检查不利的财务状况是否阻碍了大学的研发活动。使用结构方程模型，作者发现了经验证据，即财务约束可能会阻碍研发生产率。另一方面，在管理，沟通，基础设施和人力资源方面的有利条件被发现可以改善研发活动。