• editor@ijmra.in
  • ISSN[Online] : 2643-9875  ||  ISSN[Print] : 2643-9840

Volume 08 Issue 03 March 2025

The Role of Technological Absorption Capacity in Enhancing Business Performance in Vietnam
1Thanh Tra Nguyen, 2Huyen Trang Nguyen, 3Anh Thu Do, 4Ngoc Linh Thi Nguyen, 5Thu Ngan Ho Nguyen
1,2,3,4Student, Department of Business Administration, National Economics University, Hanoi, Vietnam.
5Student, School of Advanced Education Programs, National Economics University, Hanoi, Vietnam.
DOI : https://doi.org/10.47191/ijmra/v8-i03-52

Google Scholar Download Pdf
ABSTRACT:

In the context of vigorous digital transformation and technological innovation, enhancing technological absorptive capacity has become a critical factor for businesses to improve performance and maintain competitive advantages. In Vietnam, the ability of enterprises to adopt and apply technology remains limited due to disparities in workforce qualifications, insufficient research and development capabilities, and ineffective collaboration between businesses and scientific and technological organizations. Additionally, investment capital for technology is constrained, while the legal environment and supportive policies have not kept pace with the rapid development of the digital economy, creating numerous barriers in the process of innovation and technology adoption. This study aims to analyze the role of technological absorptive capacity in business performance in Vietnam, identify key challenges, and propose solutions to enhance the ability of enterprises to adopt and apply technology effectively.

KEYWORDS:

Technological absorptive capacity, business performance, Vietnam.

REFERENCES
1) Cohen, W. M., & Levinthal, D. A. (1990). Absorptive capacity: A new perspective on learning and innovation. Administrative Science Quarterly, 35(1), 128-152.

2) Zahra, S. A., & George, G. (2002). Absorptive capacity: A review, reconceptualization, and extension. Academy of Management Review, 27(2), 185-203.

3) Tsai, W. (2001). Knowledge transfer in intraorganizational networks: Effects of network position and absorptive capacity on business unit innovation and performance. Academy of Management Journal, 44(5), 996-1004.

4) World Bank. (2020). The Innovation Imperative for Developing East Asia. Washington, DC: World Bank.

5) World Bank. (2023). Vietnam Economic Update 2023. Washington, DC: World Bank.

6) Ministry of Science and Technology. (2021). National Strategy on the Fourth Industrial Revolution to 2030. Hanoi: Ministry of Science and Technology.

7) Asian Development Bank. (2022). Digital Transformation in Asia and the Pacific: Opportunities and Challenges. Manila: ADB.

8) General Statistics Office of Vietnam. (2023). Report on the Socio-Economic Situation in 2022. Hanoi: Statistical Publishing House.

9) Cisco. (2019). Asia Pacific SMB digital maturity study 2019.

10) OECD. (2021). Economic Outlook for Southeast Asia, China and India 2021. Paris: OECD Publishing.

11) TS. Dang Thanh Le (2021), Enhancing the Technology Application Capacity of Vietnamese Enterprises in the Context of the Fourth Industrial Revolution [Online] Available, https://tapchitaichinh.vn/nang-cao-nang-luc-ung-dung-cong-nghecua-cac-doanh-nghiep-viet-nam-trong-boi-canh-cach-mang-cong-nghiep-4-0.html

12) Government News (2024), Vietnam ranks 5th in ASEAN on the global AI readiness index [Online] Available, https://baochinhphu.vn/viet-nam-xep-thu-5-trong-asean-ve-chi-so-san-sang-ai-toan-cau-102240116173427249.htm

13) Nguyen Hoang Nam (2024), Innovation in the development of the finance - banking sector in Vietnam: Opportunities and challenges [Online] Available, https://vjst.vn/vn/tin-tuc/13968/doi-moi-sang-tao-trong-phat-trien-nganh-tai-chinh--ngan-hang-tai-viet-nam--co-hoi-va-thach-thuc.aspx

14) Mai Thi Huyen (2023), Promoting the application of science and technology in agricultural production in Vietnam [Online] Available,https://tapchitaichinh.vn/day-manh-ung-dung-khoa-hoc-cong-nghe-vao-san-xuat-nong-nghiep-taiviet-nam.html

15) Tuan Anh (2024), The Potential for E-commerce Development in Vietnam in the Digital Era [Online] Available, https://www.tuyengiao.vn/tiem-nang-phat-trien-thuong-mai-dien-tu-o-viet-nam-trong-ky-nguyen-so-158223
Volume 08 Issue 03 March 2025

There is an Open Access article, distributed under the term of the Creative Commons Attribution – Non Commercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting and building upon the work for non-commercial use, provided the original work is properly cited.


Our Services and Policies

Authors should prepare their manuscripts according to the instructions given in the authors' guidelines. Manuscripts which do not conform to the format and style of the Journal may be returned to the authors for revision or rejected.

The Journal reserves the right to make any further formal changes and language corrections necessary in a manuscript accepted for publication so that it conforms to the formatting requirements of the Journal.

International Journal of Multidisciplinary Research and Analysis will publish 12 monthly online issues per year,IJMRA publishes articles as soon as the final copy-edited version is approved. IJMRA publishes articles and review papers of all subjects area.

Open access is a mechanism by which research outputs are distributed online, Hybrid open access journals, contain a mixture of open access articles and closed access articles.

International Journal of Multidisciplinary Research and Analysis initiate a call for research paper for Volume 08 Issue 04 (April 2025).

PUBLICATION DATES:
1) Last Date of Submission : 26 April 2025.
2) Article published within a week.
3) Submit Article : editor@ijmra.in or Online

Why with us

International Journal of Multidisciplinary Research and Analysis is better then other journals because:-
1 : IJMRA only accepts original and high quality research and technical papers.
2 : Paper will publish immediately in current issue after registration.
3 : Authors can download their full papers at any time with digital certificate.

The Editors reserve the right to reject papers without sending them out for review.

Authors should prepare their manuscripts according to the instructions given in the authors' guidelines. Manuscripts which do not conform to the format and style of the Journal may be returned to the authors for revision or rejected. The Journal reserves the right to make any further formal changes and language corrections necessary in a manuscript accepted for publication so that it conforms to the formatting requirements of the Journal.

Indexed In
Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar