Exploring Firm-Level Innovation and Productivity in Developing Countries: The Perspective of Caribbean Small States
Maffioli, Alessandro;Dohnert, Sylvia;Crespi, Gustavo
This monograph explores productivity, innovation, and firm performance, important issues that affect private sector development in the Caribbean region. Using unique and recently available datasets consisting of more than 4,000 surveys at the firm level, and covering 13 Caribbean countries, it examines a set of variables that affect productivity and innovation in the region. The chapters provide a unique perspective on the barriers to innovation, and on how access to finance, competition, foreign direct investment, gender, access to electricity, and public programs affect productivity and innovation at the firm level. The publication culminates with a review of the policy interventions that could have the most impact in increasing firm performance within the region.