Factors Affecting Innovation Capability of Small and Medium Enterprises in Hanoi

The article analyzes the relationship between the main factors affecting the innovation of small and medium enterprises in Hanoi, including human resources, knowledge, linkages, support facilities, and institutional framework. These factors strongly impact all four types of innovation, especially product, marketing, and management. The fundamental solution aspects proposed focus on developing creative design teams; strengthening the process of acquiring, sharing, and disseminating knowledge in enterprises; developing strong brands for domestic and export markets; Increasing financial investment and physical infrastructure; promoting business-university cooperation; completing the institutional framework to encourage innovation for the footwear industry.