Purpose

This paper aims to investigate the antecedents of process innovation to provide more alternates for Vietnamese firms as they are still struggling to find an appropriate innovation strategy.

Design/methodology/approach

The research analyzes the separate impacts of each innovation strategy on process innovation using logistic regression models. Data were collected using a stratified random sampling method.

Findings

The results show that having an innovation strategy is good for innovation, regardless of whether the strategy is internal or external. Internal and external strategies are proved not complements but substitutes. However, the internal strategy seems to be most beneficial. Weak institutional settings further strengthen the importance of internal strategies, whereas strong institutional settings favor external strategies.

Originality/value

This paper analyzes the impact of different innovation strategies on process innovation in Vietnamese firms using firm-level data. The findings strongly recommend that in weak institutional settings such as Vietnam, firms should focus on an internal strategy because the emphasis on external innovation strategies might be a western bias stemming from research in mostly strong institutional contexts.

中文翻译：

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内部和外部创新策略对越南企业流程创新的影响

目的

本文旨在调查流程创新的前因，以便为仍在努力寻找合适的创新战略的越南公司提供更多替代方案。

设计/方法/方法

该研究使用逻辑回归模型分析了每种创新策略对流程创新的不同影响。使用分层随机抽样方法收集数据。

发现

结果表明，无论是内部战略还是外部战略，制定创新战略都有利于创新。内部和外部战略被证明不是互补而是替代。然而，内部战略似乎是最有益的。薄弱的制度设置进一步加强了内部战略的重要性，而强大的制度设置有利于外部战略。

原创性/价值

本文使用企业级数据分析了不同创新策略对越南企业流程创新的影响。研究结果强烈建议，在越南等薄弱的制度环境中，企业应该专注于内部战略，因为强调外部创新战略可能是西方偏向于在大多数强制度背景下进行研究的结果。