Firm-Level Technology Adoption in Vietnam

This paper describes the results of a new firm survey to measure technology use and adoption implemented prior to the COVID-19 pandemic in Vietnam. It analyzes the use and adoption of technology among Vietnamese firms and identifies some of the key...

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Main Authors:	Cirera, Xavier, Comin, Diego, Cruz, Marcio, Lee, Kyung Min, Soares Martins-Neto, Antonio
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2021
Subjects:	TECHNOLOGY ADOPTION FIRMS TECHNOLOGY DIFFUSION INDUSTRY 4.0 DIGITAL ECONOMY
Online Access:	http://documents.worldbank.org/curated/en/498501615216149075/Firm-Level-Technology-Adoption-in-Vietnam http://hdl.handle.net/10986/35246

id	okr-10986-35246
recordtype	oai_dc
spelling	okr-10986-352462022-09-20T00:08:53Z Firm-Level Technology Adoption in Vietnam Cirera, Xavier Comin, Diego Cruz, Marcio Lee, Kyung Min Soares Martins-Neto, Antonio TECHNOLOGY ADOPTION FIRMS TECHNOLOGY DIFFUSION INDUSTRY 4.0 DIGITAL ECONOMY This paper describes the results of a new firm survey to measure technology use and adoption implemented prior to the COVID-19 pandemic in Vietnam. It analyzes the use and adoption of technology among Vietnamese firms and identifies some of the key barriers to adoption and diffusion. The analysis offers new and important stylized facts on firm-level use of technologies. First, although access to the internet is almost universal in Vietnam, firms had low digital readiness to face the COVID-19 pandemic; and the share of establishments with their own website, social media, and cloud computing is still small. Second, the use of Industry 4.0 technologies is incipient. Third, the technology gap with the use of frontier technologies in some general business functions, such as quality control, production planning, sales, and sourcing and procurement, is large. Fourth, the manufacturing sector faces the largest technological gap, larger than services and agricultural firms. The analysis of the main barriers and drivers to technology adoption and use shows the importance of good management quality for technology adoption, and that there is a technology premium associated with exporting activities. Finally, the analysis also shows that firms are largely unaware of the available public policy support for technology upgrading. 2021-03-11T14:33:48Z 2021-03-11T14:33:48Z 2021-03 Working Paper http://documents.worldbank.org/curated/en/498501615216149075/Firm-Level-Technology-Adoption-in-Vietnam http://hdl.handle.net/10986/35246 English Policy Research Working Paper;No. 9567 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper East Asia and Pacific Vietnam
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	TECHNOLOGY ADOPTION FIRMS TECHNOLOGY DIFFUSION INDUSTRY 4.0 DIGITAL ECONOMY
spellingShingle	TECHNOLOGY ADOPTION FIRMS TECHNOLOGY DIFFUSION INDUSTRY 4.0 DIGITAL ECONOMY Cirera, Xavier Comin, Diego Cruz, Marcio Lee, Kyung Min Soares Martins-Neto, Antonio Firm-Level Technology Adoption in Vietnam
geographic_facet	East Asia and Pacific Vietnam
relation	Policy Research Working Paper;No. 9567
description	This paper describes the results of a new firm survey to measure technology use and adoption implemented prior to the COVID-19 pandemic in Vietnam. It analyzes the use and adoption of technology among Vietnamese firms and identifies some of the key barriers to adoption and diffusion. The analysis offers new and important stylized facts on firm-level use of technologies. First, although access to the internet is almost universal in Vietnam, firms had low digital readiness to face the COVID-19 pandemic; and the share of establishments with their own website, social media, and cloud computing is still small. Second, the use of Industry 4.0 technologies is incipient. Third, the technology gap with the use of frontier technologies in some general business functions, such as quality control, production planning, sales, and sourcing and procurement, is large. Fourth, the manufacturing sector faces the largest technological gap, larger than services and agricultural firms. The analysis of the main barriers and drivers to technology adoption and use shows the importance of good management quality for technology adoption, and that there is a technology premium associated with exporting activities. Finally, the analysis also shows that firms are largely unaware of the available public policy support for technology upgrading.
format	Working Paper
author	Cirera, Xavier Comin, Diego Cruz, Marcio Lee, Kyung Min Soares Martins-Neto, Antonio
author_facet	Cirera, Xavier Comin, Diego Cruz, Marcio Lee, Kyung Min Soares Martins-Neto, Antonio
author_sort	Cirera, Xavier
title	Firm-Level Technology Adoption in Vietnam
title_short	Firm-Level Technology Adoption in Vietnam
title_full	Firm-Level Technology Adoption in Vietnam
title_fullStr	Firm-Level Technology Adoption in Vietnam
title_full_unstemmed	Firm-Level Technology Adoption in Vietnam
title_sort	firm-level technology adoption in vietnam
publisher	World Bank, Washington, DC
publishDate	2021
url	http://documents.worldbank.org/curated/en/498501615216149075/Firm-Level-Technology-Adoption-in-Vietnam http://hdl.handle.net/10986/35246
_version_	1764482633024143360

Firm-Level Technology Adoption in Vietnam

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