Vietnam science and technology enterprises: Status and solutions for development

The paper provides an overview of the development status of S&T enterprises in actual context and, then, proposes solutions to push up the establishment and development of this specific type of enterprises in Vietnam in the future. | Vietnam science and technology enterprises: 68 VIETNAM SCIENCE AND TECHNOLOGY ENTERPRISES: STATUS AND SOLUTIONS FOR DEVELOPMENT Dr. Nguyen Van Anh Ba Ria - Vung Tau Province DOST Nguyen Hong Ha Local Science and Technology Development Dept., MOST . Le Vu Toan Science and Technology Management Institute, MOST Abstract: Development of science and technology (S&T) enterprises is one of the important tasks defined and implemented with full efforts by the Party and the State of Vietnam. Up to recent time, however, the development works face certain difficulties and troubles. The paper provides an overview of the development status of S&T enterprises in actual context and, then, proposes solutions to push up the establishment and development of this specific type of enterprises in Vietnam in the future. Keywords: Science-technology enterprises; Spin-off; Start-up. Code: 14082501 1. Concepts and conditions for certification of status of science and technology enterprises S&T enterprises appeared in the world since the middle XX century on basis of spin-off(s) and start-up(s) which were established in industrial developed countries. Spin-offs take their start from universities (they were separated as independent units from universities) and those persons who created S&T assets took part in management of the newly established enterprises. Start-up is the notion which indicates the initial stage of newly established enterprises on basis of S&T results [34, 35]. Despite differences between spin-off and start-up, these types of enterprises have some similar points, namely: (1) Initial stage of a newly established enterprise on basis of S&T results; (2) Capabilities to carry out innovations and commercialization of S&T results to provide products and services required by consumers. In order to encourage the development of spin-off and start-up, the governments of the countries in the world issued various policies to support the development, such as incentive measures .

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