Title: Knowledge and new firm survival in emerging countries: evidence from Vietnamese manufacturing sector

Authors: Nguyen Thi Nguyet

Addresses: Department for Human and Social Development Strategies, Vietnam Institute for Development Strategies – Ministry of Planning and Investment (MPI), 65 Van Mieu Street, Dong Da District, Hanoi City, Vietnam; Thang Long Institute of Mathematics and Applied Sciences, Thang Long University, Hanoi, Vietnam; Vietnam Institute for Development Strategies, Vietnam

Abstract: This study focuses on evaluating the effects of knowledge on the survival of new manufacturing firms in an emerging country like Vietnam with an advanced Cox proportional hazard model (CPH). The main findings include: 1) IT application is necessary but the combination with the digital condition, the quality of employees, and the investment in innovation and development become more important; 2) the effect of inventory on firm failure is U-shaped; 3) firm survival is promoted by the ratio of social insurance paid employees; 4) market selection dynamics was based on the firm's ROA.

Keywords: knowledge; firm survival; manufacturing firms; hazard model; emerging countries; Vietnam.

DOI: 10.1504/IJPQM.2025.146574

International Journal of Productivity and Quality Management, 2025 Vol.45 No.1, pp.33 - 54

Received: 21 Nov 2022
Accepted: 07 May 2023
Published online: 05 Jun 2025 *

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