Determining factors affecting innovation capacity of students at economic universities in Hanoi

Abstract

This study aimed to explore the factors affecting the innovation capacity of students at the National Economics University, Vietnam. Researchers inherited and developed this work based on previous research to focus on analysing and evaluating dynamics, measuring innovation capacity, and the factors affecting innovation capacity of university students. The innovation capacity model is used based on six factors: creativity, self-confidence, personal energy, risk propensity, leadership ability, and ambiguous problem solving. The empirical analysis used data from the survey data of 250 students from the economic sector in Hanoi with reliable tools (SPSS 26.0 software). The data were analysed by frequencies, percentages, means, Pearson’s linear correlation coefficient, exploratory factor analysis, and multi-linear regression model based on the survey data. The research results identified the following factors affecting the innovation capacity of university students: personal energy and leadership ability, which have the strongest impact on student innovation capacity. Self-confidence, risk propensity, and ambiguous problem solving had strong effects on student innovation capacity. Finally, creativity also affected student innovation capacity. There is also a positive relationship between all factors and student innovation capacity. Several recommendations are suggested to enhance innovation capacity for students in Vietnam.