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dc.titleInnovation and Productivity in Services: Empirical Evidence from Latin America
dc.contributor.authorCrespi, Gustavo
dc.contributor.authorTacsir, Ezequiel
dc.contributor.authorVargas, Fernando
dc.contributor.orgunitCompetitiveness and Innovation Division
dc.coverageChile
dc.coverageColombia
dc.coverageUruguay
dc.coverageLatin America
dc.date.available2014-08-14T00:00:00
dc.date.issue2014-08-12T00:00:00
dc.description.abstractThis paper analyzes and compares the determinants of innovation in the service industry and its impact on labor productivity at the firm level in three countries of Latin America (Chile, Colombia, and Uruguay). The main findings show that, similar to what is observed in manufacturing industry, service firms that invest the most in innovation activities are more likely to introduce changes or improvements in their production process and/or product mix, and those firms that innovate have higher labor productivity than non-innovative firms. Size was found to be a less relevant determinant of innovation in services than in manufacturing, suggesting that the need for infrastructure and associated sunk costs are lower in services. Conversely, cooperation was found to be far more important for innovation in services than in manufacturing, in line with the more interactive nature of innovation in services. Yet, large differences in statistical significance and size of the coefficients of explanatory variables among the countries studied suggest that the framework conditions where a firm operates have an important role in innovation decisions.
dc.format.extent34
dc.identifier.doihttp://dx.doi.org/10.18235/0009215
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Innovation-and-Productivity-in-Services-Empirical-Evidence-from-Latin-America.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectInnovation
dc.subjectProductivity
dc.subjectInvestment
dc.subject.jelcodeO12 - Microeconomic Analyses of Economic Development
dc.subject.jelcodeO14 - Industrialization • Manufacturing and Service Industries • Choice of Technology
dc.subject.jelcodeO31 - Innovation and Invention: Processes and Incentives
dc.subject.jelcodeO33 - Technological Change: Choices and Consequences • Diffusion Processes
dc.subject.jelcodeO40 - Economic Growth and Aggregate Productivity: General
dc.subject.jelcodeO54 - Latin America • Caribbean
dc.subject.keywordsLatin America;Innovation;Productivity;Innovation surveys;Services;Developing countries
dc.typeTechnical Notes
idb.identifier.pubnumberTechnical Notes
idb.operationRG-K1360
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