Building the Innovative Startup Ecosystem in the Digital Era: International Experiences and Applications in Vietnam

Abstract

Building an innovative startup ecosystem and facilitating its sustainable development have garnered significant attention from governments and academia in recent years, especially in the context of the 4.0 Industrial Revolution, which is creating new opportunities and challenges for all nations. An innovative startup ecosystem is particularly important for Vietnam, given that the number and scale of enterprises are lower than those in some other countries in the region and the world. This paper discusses the experiences of various countries in building an innovative startup ecosystem, the current state of the startup ecosystem in Vietnam, and proposes several solutions to develop an innovative startup ecosystem in Vietnam.