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Higher Education’s Role in Promoting Entrepreneurship and Innovation Ecosystems in Vietnam: An Evaluation of the Innovative Partnership Program

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Abstract

Vietnam’s rapid economic growth over the past two decades has been driven mainly by the exploitation of natural resources and a manufacturing industry reliant on a low-skill labor force. The challenge now is for the economy to become more engaged with higher value-adding forms of production. This transition will require the creation of entrepreneurship and innovation ecosystems, sustained by intellectual and entrepreneurial talent. Ideally these ecosystems will draw on the talent pool embodied in and created by universities. To date, however, few universities in Vietnam have been active in seeding these ecosystems. In this chapter, we report on a recent initiative aimed at mobilizing the establishment of entrepreneurship and innovation ecosystems at a selected group of universities in Vietnam. Based upon insights to emerge from the initiative, lessons learned for the future development of the higher education sector in Vietnam are identified and shared.

Keywords

  • Ecosystems
  • Entrepreneurship and innovation
  • Entrepreneurship education
  • Entrepreneurial universities
  • Higher education
  • Vietnam

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Funding

This chapter is sponsored by the Ministry for Foreign Affairs of Finland and the Ministry of Science and Technology of Vietnam (MOST) in the Vietnam-Finland Innovation Partnership Programme Phase 2 (IPP2).

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Correspondence to Ly Thi Pham .

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Pham, L.T., Hayden, M., Nguyen, A.N., Nguyen, K.L.H., Van Nguyen, G., Nguyen, M.D.T. (2021). Higher Education’s Role in Promoting Entrepreneurship and Innovation Ecosystems in Vietnam: An Evaluation of the Innovative Partnership Program. In: Tran, H.T., Phuong, T.T., Van, H.T.M., McLean, G.N., Ashwill, M.A. (eds) Human Resource Development in Vietnam. Palgrave Macmillan Asian Business Series. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-51533-1_5

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