Financial Constraint on R&D Activities in Vietnamese Universities – an Empirical Research
Articles
Nguyen Dang Tue
Hanoi University of Science and Technology, Vietnam
Published 2020-05-29
https://doi.org/10.15388/omee.2020.11.32
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Keywords

financial constraint
barriers
R&D
university
SEM

How to Cite

Tue, N.D. (2020) “Financial Constraint on R&D Activities in Vietnamese Universities – an Empirical Research”, Organizations and Markets in Emerging Economies, 11(1), pp. 222–243. doi:10.15388/omee.2020.11.32.

Abstract

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.

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