Business, Management and Accounting
4 years ago

Exporting to advanced economies drives innovation for Vietnamese manufacturers.

Journal of World Business
Exporting to escape and learn: Vietnamese manufacturers in global value chains
Rui Torres de Oliveira, Tam Thanh Nguyen, Peter W. Liesch, Martie‐Louise Verreynne, Marta Indulska

Paper Summary

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Vietnamese manufacturers who export to advanced economies improve their processes, but not their products. Exporting to emerging economies does not lead to innovation in processes or products. Innovation in these firms happens after exporting, not before.