| dc.description.abstract | This research is conducted to investigate how the innovation of small and medium enterprise influences on access to finance in Vietnam from 2005 to 2013, through five types of innovation: new products, new technologies, improved existing products, R&D activities and machine innovation. This research has conducted an unbalanced panel data of more than 4000 observations of small and medium scale enterprises in Vietnam taken from a data set from the 2012 survey. Using a multi-regression approach such as Pooled OLS, FEM REM, Robust Standard Error, etc., the research finds that four out of five innovations have impact on credit accessibility. In particular, new merchandises, machine and equipment and advanced technology have positive influence, whereas, Research and Development project has negative one. The paper also finds no relationship between upgrading existing products and access to external capital. | en_US |
