Manager's Perception Influences Public Technological Innovation in Small and Medium - Sized Manufacturing Companies in Hanoi

For enterprises, technological innovation is a "survival" aspect. But at the moment, a lot of companies are having trouble because there is a lack of knowledge about technology, financial support policies that encourage them to innovate technologically, and incentives for goods that result from transformation. There isn't much innovation or delivery of technology...Businesses in the industrial and business sectors always require technological solutions to boost productivity and efficiency across all functional phases, including supply, production, and control. Quality, product advertising, distribution for finance, investment, and human resource management... In order to fulfill market demands and increase productivity and quality, technological innovation must always be promoted, particularly in manufacturing firms. However, administrators' understanding is a determining factor in how far technological innovation is implemented, particularly in small and medium-sized businesses. This paper assesses managers' knowledge of technical innovation by conducting research in small and medium-sized manufacturing companies in Hanoi. The findings of the study indicate that managers in small and medium-sized manufacturing companies recognize the significance and function of technological innovation. However, there is not much technical innovation because of the impact of corporate scale. The author makes recommendations for improving technological innovation based on the findings of the study.