The challenge of measuring innovation in emerging economies' firms: A proposal of a new set of indicators on innovation
AbstractThe traditional indicators on innovation rely on the linear assumption that research leads to development, centring on the measurement of inputs and outputs. Based on the traditional innovation indicators, recent studies focused on the industrial innovation process at Latin America state that nowadays Latin American firms display a passive role at world’s innovative activities, characterised by the lack of firms’ innovative skills. However, these indicators do not seem to be the most appropriate for measuring innovation, especially in emerging economies’ firms. The focus of this paper is to theoretically propose a set of new indicators on innovation that might be more adequate to the reality of firms located in emerging economies, centring on the way innovation activities process takes place within the firms. In order to do so, the paper searches for support from five approaches of the economic theory. The validation of the suggested set of new indicators could shed some light on the understanding of the innovative performance of emerging economies’ firms.
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Bibliographic InfoPaper provided by United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology in its series UNU-MERIT Working Paper Series with number 044.
Date of creation: 2008
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Web page: http://www.merit.unu.edu
innovation; indicators; economic theory; emerging economies; firms; industrial innovation; enterprises; Latin America;
Find related papers by JEL classification:
- L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
- M10 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - General
- M21 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics - - - Business Economics
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-08-31 (All new papers)
- NEP-INO-2008-08-31 (Innovation)
- NEP-PPM-2008-08-31 (Project, Program & Portfolio Management)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Mario Cimoli & Jorge Katz, 2003. "Structural reforms, technological gaps and economic development: a Latin American perspective," Industrial and Corporate Change, Oxford University Press, vol. 12(2), pages 387-411, April.
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