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No. Western devs aren't developing for Vita because it's a handheld. Japanese devs aren't developing for Vita because there is a much more enticing, much more successful alternative.

One possible result of this is Nintendo strengthening ties with Japanese devs due to their support of the 3DS, especially Capcom and Square Enix. This could lead to Nintendo scoring more support for Wii U. But I don't see it affecting third party support for PS4.