DETERMINANTS AFFECT TECHNOLOGY DEMAND IN VIETNAMESE MANUFACTURING FIRMS

Thi Phuong Nguyen

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Abstract

The research examines the status of technology transaction in the science and technology market by form from 2012 to 2016. The result shows the total value of technology transaction under independent sales contracts of Vietnamese manufacturing firms tended to decrease from 11.6 trillion VND in 2012 to 9.87 trillion VND in 2016. Meanwhile, the value of technology transfer from suppliers and customers tended to increase from 5.03 trillion VND in 2012 to 6.92 trillion VND in 2016. Technology transfer value was the highest in 2016 (6.92 trillion VND) and the lowest in 2013 (3.58 trillion VND).
The growth rate of technology transfer in the whole period 2012-2016 was about 11.3%. The study also examines the determinants affecting technology demand in manufacturing firms. The result shows that research and development productivity, capital intensity and firm age have positive effect on technology demand. Meanwhile, the scale of firms by capital, the product expansion of firms, the difficulty in basic infrastructure and transport infrastructure, and the concentration of the industry have negative effect on technology demand.

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References

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