Intellectual Property Rights (IPRs) are a key driver of economic growth as they provide agents with incentives to invest in Research and Development (R&D). The importance of IPRs should however vary when one moves along the technological frontier as firms can rely upon other mechanisms (i.e....

This paper investigates the determinants of innovative activities and the innovation-performance relationship for the firm population in Vietnam in three consecutive stages: decision – investment – outcome. Cragg’s two-tiered dynamic type-2 Tobit model and instrumental variable GMM method...