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Innovation for economic performance: the case of Latin American firms

Author

Listed:
  • Gustavo Crespi

    ()

  • Elena Arias-Ortiz

    ()

  • Ezequiel Tacsir

    ()

  • Fernando Vargas

    ()

  • Pluvia Zuñiga

    ()

Abstract

In this paper, a wide range of innovation indicators are analyzed in order to describe the innovation behavior of manufacturing firms in Latin America and the Caribbean (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. The aim of this paper 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 behavior. 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. Copyright Eurasia Business and Economic Society 2014

Suggested Citation

  • Gustavo Crespi & Elena Arias-Ortiz & Ezequiel Tacsir & Fernando Vargas & Pluvia Zuñiga, 2014. "Innovation for economic performance: the case of Latin American firms," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 4(1), pages 31-50, June.
  • Handle: RePEc:spr:eurasi:v:4:y:2014:i:1:p:31-50
    DOI: 10.1007/s40821-014-0001-1
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Valeria Cirillo, 2014. "Patterns of innovation and wage distribution. Do “innovative firms” pay higher wages? Evidence from Chile," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 4(2), pages 181-206, December.
    2. repec:spr:eurasi:v:9:y:2019:i:1:d:10.1007_s40821-018-0108-x is not listed on IDEAS
    3. repec:eee:tefoso:v:133:y:2018:i:c:p:179-189 is not listed on IDEAS

    More about this item

    Keywords

    Innovation; Research and development; Latin America; Enterprise surveys;

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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