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dc.titleHow do Firms Innovate in Latin America? Identification of Innovation Strategies and Their Main Adoption Determinants
dc.contributor.authorVargas, Fernando
dc.contributor.orgunitCompetitiveness, Technology and Innovation Division
dc.coverageArgentina
dc.coverageChile
dc.coverageColombia
dc.coverageEcuador
dc.coverageEl Salvador
dc.coverageParaguay
dc.coveragePeru
dc.coverageUruguay
dc.coverageLatin America and the Caribbean
dc.date.available2022-04-26T00:04:00
dc.date.issue2022-04-26T00:04:00
dc.description.abstractThe study of innovation in Latin American firms has concentrated almost exclusively on the determinants and impacts of innovation investments and outputs. Less attention has been paid to how firms innovate. This study applies factor and cluster analysis to a unique dataset of harmonized innovation surveys from Argentina, Chile, Colombia, Ecuador, El Salvador, Paraguay, Peru, and Uruguay, to identify the main innovation practices and strategies performed by Latin American firms. Three of the four identified innovation strategies can be linked to results from similar studies using European firm-level data. However, none of these strategies resembles a strong science or research orientation. An approach to "open management" innovation emerges as idiosyncratic for Latin American firms. These innovation strategies are associated with differences in sales growth and labor productivity. The analysis also shows that firm resources and capabilities drive innovation strategy selection.
dc.format.extent35
dc.identifier.doihttp://dx.doi.org/10.18235/0004211
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/How-do-Firms-Innovate-in-Latin-America-Identification-of-Innovation-Strategies-and-Their-Main-Adoption-Determinants.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectSmall Business
dc.subjectInnovative Firm
dc.subjectInnovation Strategy
dc.subjectInnovation
dc.subjectInnovation Policy
dc.subjectResearch and Development
dc.subjectScience and Technology
dc.subjectEconomy
dc.subjectLabor Force
dc.subjectInvestment
dc.subjectEducational Institution
dc.subjectKnowledge
dc.subject.jelcodeL20 - Firm Objectives, Organization, and Behavior: General
dc.subject.jelcodeO12 - Microeconomic Analyses of Economic Development
dc.subject.jelcodeO14 - Industrialization • Manufacturing and Service Industries • Choice of Technology
dc.subject.jelcodeO30 - Innovation • Research and Development • Technological Change • Intellectual Property Rights: General
dc.subject.jelcodeO32 - Management of Technological Innovation and R&D
dc.subject.jelcodeO33 - Technological Change: Choices and Consequences • Diffusion Processes
dc.subject.jelcodeO54 - Latin America • Caribbean
dc.subject.keywordsinnovation;innovation strategy;innovation survey;Latin America
dc.typeTechnical Notes
idb.identifier.pubnumberIDB-TN-02450
idb.operationRG-T3205
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