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Research Paper | Management | Vietnam | Volume 6 Issue 8, August 2017 | Popularity: 6.4 / 10

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Enhancing the Process Innovation in the Vietnams Mechanical Industry through Exploitating Patents Database

Nguyen Huu Xuyen, Pham Ngoc Hieu

Abstract: The selection of potential inventions from the patent's database to for process innovation plays an important role in the creation of good quality and exportable products. In fact, the capability of process innovation in Vietnam's mechanical industry is still limited althought the Government puts it on priority. This has affected the competitive position of Vietnam's mechanical industry and economic growth. This paper gives current status and proposes solutions to improve the capability of process innovation in the mechanical industry through the exploitation of the patent's database in accordance with the conditions and circumstances of Vietnam

Keywords: The selection of potential inventions from the patent's database to for process innovation plays an important role in the creation of good quality and exportable products. In fact, the capability of process innovation in Vietnam's mechanical industry is still limited althought the Government puts it on priority. This has affected the competitive position of Vietnam's mechanical industry and economic growth. This paper gives current status and proposes solutions to improve the capability of process innovation in the mechanical industry through the exploitation of the patent's database in accordance with the conditions and circumstances of Vietnam

Edition: Volume 6 Issue 8, August 2017

Pages: 553 - 555

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