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.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
References
Asterbro, T. B., Bazzazian, N., & Braguinsky, S. (2011). Startups by recent university graduates versus their faculty: Implications for university entrepreneurship policy. Research Policy, 41, 663–677.
Carvalho, L., Costa, T., & Dominguinhos, P. (2010). Creating an entrepreneurship ecosystem in higher education. https://cdn.intechopen.com/pdfs/10542.pdf.
Clark, B. (2001). The entrepreneurial university: New foundations for collegiality, autonomy, and achievement. Higher Education Management, 13(2), 9–24.
Edler, J., Cunningham, P., Gök, A., & Shapira, P. (2013). Impacts of innovation policy: Synthesis and conclusion of the NESTA COMPENDIUM project (Compendium of evidence on the effectiveness of innovation policy intervention). London: Nesta.
Etzkowitz, H., & Leydesdorff, L. (2000). The dynamics of innovation: From national systems and “Mode 2” to a triple helix of university-industry-government relations. Research Policy, 29, 109–123.
European Commission. (2003). The role of universities in the Europe of knowledge. COM (2003) 58 final. Brussels: European Commission.
Gibb, A. (2017). Exploring the synergistic potential in entrepreneurial university development: Towards the building of a strategic framework. Annals of Innovation & Entrepreneurship, 3(1). https://www.tandfonline.com/doi/full/10.3402/aie.v3i0.17211.
Graham, G. (2002). Universities: The recovery of an idea. Thorverton: Imprint Academic.
Hsu, D. H. (2007). Experienced entrepreneurial founders, organizational capital, and venture capital funding. Research Policy, 36, 722–741.
Isenberg, D. J. (2010). How to start an entrepreneurial revolution. Harvard Business Review, 88(6), 40–50.
Isenberg, D. (2011). The entrepreneurship ecosystem strategy as a new paradigm for economic policy: Principles for cultivating entrepreneurship. http://entrepreneurial-revolution.com/2011/05/11/the-entrepreneurship-ecosystem-strategy-as-a-new-paradigm-for-economic-policy-principles-for-cultivating-entrepreneurship/.
Maskell, D., & Robinson, I. (2001). The new idea of a university. Thorverton: Imprint Academic.
Mok, K. H. (2012). The quest for innovation and entrepreneurship: The changing role of university in East Asia. Globalisation, Societies and Education, 10(3), 317–335.
Morrison, E. (2013). Universities as anchors for regional innovation ecosystems. http://www.edmorrison.com/universities-as-anchors-for-regional-innovation-ecosystems/.
Nguyen, N. A., Nguyen, P. M., Doan, Q. H., & Dao, N. T. (2017). The roles of universities in Vietnam’s national innovation system. In V. V. Krishna (Ed.), Universities in the national innovation systems: Experiences from the Asia-Pacific. London: Routledge.
Pham, L. T. (2013). Case study: The effectiveness of research and innovation management at policy and institutional levels in Vietnam. In Å. Olsson & L. Meek (Eds.), Effectiveness of research and innovation management at policy and institutional levels in Cambodia, Malaysia, Thailand and Vietnam (pp. 140–163). Paris: OECD.
Rice, M. P., Fetters, M. L., & Greene, P. G. (2014). University-based entrepreneurship ecosystems: A global study of six educational institutions. International Journal of Entrepreneurship and Innovation Management, 18(5/6), 481–501.
Salem, M. I. (2014). The role of business incubators in the economic development of Saudi Arabia. The International Business & Economics Research Journal, 13(4), 853–860.
Schwab, K. (2016). The fourth industrial revolution: What it means, how to respond. https://www.weforum.org/agenda/2016/01/the-fourth-industrial-revolution-what-it-means-and-how-to-respond/.
Wright, M., Siegel, D. S., & Mustar, P. (2017). An emerging ecosystem for student start-ups. The Journal of Technology Transfer, 42(4), 909–922.
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).
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2021 The Author(s)
About this chapter
Cite this chapter
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
Download citation
DOI: https://doi.org/10.1007/978-3-030-51533-1_5
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-030-51532-4
Online ISBN: 978-3-030-51533-1
eBook Packages: Business and ManagementBusiness and Management (R0)