Relationship between economic growth and innovation in Vietnam’s Southern Key Economic Region

Tóm tắt

This research uses the spatial regression method to investigate the relationship between economic growth and innovation activities in Vietnam’s Southern Key Economic Region (SKER) in 2011-2022 to identify the bottlenecks and innovation factors that impact growth. The research results provide statistical evidence that there is a spatial interaction in the same direction in the GRDP growth rate between provinces and centrally-controlled municipalities in the SKER, but not at a high level. However, the biggest bottleneck to the entire SKER’s economic growth is that the coordination mechanism is ineffective, the linkage mechanism between sectors and fields is either absent or loose, and the connection and assignment of tasks between localities is unclear. That is why the advantages and potentials of localities in the SKER cannot be promoted.