This paper targets to clarify various aspects of the matter and to provide answers to the following questions: What are competitive advantageous producing sectors and the exploitation of inventions in competitive advantageous producing sectors? Which is the actual status of activities of exploitation of inventions in competitive advantageous producing sectors? | Exploitation of inventions in competitive advantageous producing sectors: 28 EXPLOITATION OF INVENTIONS IN COMPETITIVE ADVANTAGEOUS PRODUCING SECTORS: ACTUAL STATUS AND POLICY SOLUTIONS Dr. Nguyen Huu Xuyen1 National Institute of Patent and Technology Exploitation, MOST Abstract: Exploitation of inventions plays important roles for sustainable development of enterprises, particularly in those sectors which hold competitive advantages. In Vietnam, activities of exploitation of inventions among enterprises in recent times remain limited and existing policies do not really stimulate enterprises to promote application and exploitation of inventions. These limited actions cause considerable negative impacts to creation of new and high quality products possibly commercializable for exportation purpose. This paper targets to clarify various aspects of the matter and to provide answers to the following questions: (i) What are competitive advantageous producing sectors and the exploitation of inventions in competitive advantageous producing sectors? (ii) Which is the actual status of activities of exploitation of inventions in competitive advantageous producing sectors? (iii) What would be policy based solutions the Government and the State should issue to push up activities of exploitation of inventions in competitive advantageous producing sectors in conformity to actual conditions of Vietnam? Keywords: Exploitation of inventions; Competitive advantage. Code: 16082701 1. Overview of notions of competitive advantage and exploitation of inventions . Competitive advantages The core meaning of “competition”, in business practice, is to fight for markets. The essential nature of competition is to look for benefits. The objectives of competition are to gain largest interests and benefits to secure existence and development of actors involved into competitions (M. Porter, 1990). The core meaning of “competitive advantages” is to win favorable positions which provide a .
