Building A Digital Collaboration Platform for Enterprise-Research Institute Partnerships and Fintech Development: Design and potential Assessment

Abstract

The burgeoning FinTech sector in Vietnam presents significant opportunities for economic growth and financial innovation. However, realizing this potential necessitates effective collaboration between financial enterprises and research institutions. This paper addresses the current challenges in fostering such partnerships, including information asymmetry, communication barriers, and a lack of dedicated infrastructure. Drawing upon international best practices in digital collaboration and open innovation, this research proposes the design of a novel digital platform specifically tailored to facilitate collaboration between Vietnamese financial enterprises and research institutes in FinTech development. The paper outlines the key features, functionalities, and architecture of the proposed platform. Furthermore, it assesses the potential benefits of such a platform in terms of enhanced knowledge sharing, accelerated innovation cycles, reduced development costs, and improved talent acquisition. The research employs a mixed-methods approach, including a review of existing digital collaboration platforms, expert interviews with stakeholders in Vi...