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Innovation for economic performance: The case of Latin American firms

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Author Info

  • Arias Ortiz, Elena

    ()
    (Education Division, Inter-American Development Bank)

  • Crespi, Gustavo

    ()
    (Competitiveness and Innovation Division, Inter-American Development Bank)

  • Tacsir, Ezequiel

    ()
    (UNU-MERIT / MGSoG, and Competitiveness and Innovation Division, Inter-American Development Bank)

  • Vargas, Fernando

    ()
    (Competitiveness and Innovation Division, Inter-American Development Bank)

  • Zuniga, Pluvia

    ()
    (UNU-MERIT / MGSoG)

Abstract

In this paper, a wide range of innovation indicators are analysed in order to describe the innovation behaviour of manufacturing firms in LAC using the recently released Enterprise Surveys 2010. The Enterprise Surveys define innovation rates as the share of firms introducing product and process innovations. The survey also measures the proportion of firms investing in research and development (R&D) and filing for intellectual property rights (IPRs). The aim of this note is to understand the main characteristics of innovative firms and to gather new evidence with regard to the nature of the innovation process in the region. Statistics about the performance of LAC firms are provided using different types of indicators to measure firms' innovative behaviour. In particular, differences in innovation performance and effort by country, sector, and key firm characteristics, such as being a multinational or exporter, are explored. Those firms in LAC that are top R&D performers are identified, and the analysis closes with an exploration of firm characteristics that strongly correlate with the probability of being a top R&D performer in the region.

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Bibliographic Info

Paper provided by United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT) in its series MERIT Working Papers with number 028.

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Date of creation: 2013
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Handle: RePEc:unm:unumer:2013028

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Keywords: innovation; research and development; Latin America; enterprise surveys;

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  1. Almeida, Rita K. & Fernandes, Ana Margarida, 2007. "Openness and Technological Innovations in Developing Countries: Evidence from Firm-Level Surveys," IZA Discussion Papers 2907, Institute for the Study of Labor (IZA).
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  3. Cohen, Wesley M & Levinthal, Daniel A, 1989. "Innovation and Learning: The Two Faces of R&D," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 99(397), pages 569-96, September.
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  12. repec:fth:harver:1473 is not listed on IDEAS
  13. Harhoff, Dietmar & Korting, Timm, 1998. "Lending relationships in Germany - Empirical evidence from survey data," Journal of Banking & Finance, Elsevier, Elsevier, vol. 22(10-11), pages 1317-1353, October.
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