Dataset for analysis of the impact of intellectual property management on innovation and firm performance of Vietnamese Start-ups
Description
IP management, innovation, and firm performance are closely interrelated. IP management helps the company push its innovation capacity (Bainbridge and Howell, 2014) and assure IP not being stagnated by imitators (Kubis, 2011). At firm level, royalty rates have been witnessed in firms with strong IP portfolios since innovation and IP are premium in competitive fields such as high-tech industry (Grindley and Teece, 1997). IP should be included in companies’ innovation process, from idea conceptualization to product commercialization, which enables a success of launching new products to the market (Bainbridge and Howell, 2014). IP can become constructive to firm performance (Bollen, 2005) or even become a key to enter foreign markets (Neuhausler, 2012). The dataset includes two main information groups. The first part consists of information related to characteristics of respondents and enterprises, including gender of owners (3 categories), location, company name, and year of establishment. Top leaders/managers or a member of the executive board who is knowledgeable about the business's operations answer all questions. The results collected 294 valid responses through a two-wave survey
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Primary variables including intellectual property management, innovation and firm performance were measured using scales developed from previous studies. First, the components of the AIDA model are referenced from the studies of Kjær (2009). Specifically, Awareness is measured by 03 items, Protection is by 04 items, Application is by 03 items, and Exploitation and Administration is assessed by 04 items referenced from Kjær (2009). The innovation scale is measured by 05 items (Keh et al., 2007). Firm performance is measured by a subjective measurement approach with 07 items referencing from (Keh et al., 2007). The questions are translated from English into Vietnamese and using back translation to ensure that the original meaning of the question is not changed. The questionnaire after translation was calibrated through discussions with 5 experts in the fields of IP management, innovation and firm performance. Experts were asked about the appropriateness of each item using measurements for constructs in the model and how to adjust accordingly if necessary. The final questions are described in table 5. We use a 5-point Likert scale for the evaluation of observed variables in constructs with 1 – strongly disagree and 5 – strongly agree. The study sample was identified as 294 enterprises currently operating in Vietnam. To ensure the reliability of the study, we use a sample survey using the snowball sampling method with an expected sample size of 250 enterprises that achieves good levels according to the rules of Comrey and Lee (1992). This sample size is also guaranteed to follow the sampling rules for other quantitative studies such as the multiplication rule of five (Bollen, 2005), or the rule of minimum sample of 100 (Hair et al., 2009). The subjects of the investigation are the top leaders/managers of enterprises, in case the director is absent, a member of the executive board who is knowledgeable about the business's operations will be replaced. The survey was conducted from February 2020 to March 2022. Regarding the format, the survey was carried out in two forms, face-to-face and online. After distributing 400 questionnaires, 350 answer sheets were returned, of which 294 valid answer sheets were used for analysis.