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What Drives Filipino Firms to Innovate

Author

Listed:
  • Jose Ramon G. Albert
  • Ramonette B. Serafica
  • Francis Mark A. Quimba
  • Jana Flor V. Vizmanos
  • Jose Carlos Alexis C. Bairan

Abstract

Innovation is recognized as an important driver of productivity, sustained economic growth, and development. It is also a key to finding enduring solutions to socioeconomic and environmental challenges. Moreover, it serves as the main driver behind the emergence of the Fourth Industrial Revolution that is transforming not only production but also consumption and livelihood (Schwab 2016). With this, the Philippine government devotes an entire chapter in its Philippine Development Plan 2017–2022 to vigorously advance innovation in the country.

Suggested Citation

  • Jose Ramon G. Albert & Ramonette B. Serafica & Francis Mark A. Quimba & Jana Flor V. Vizmanos & Jose Carlos Alexis C. Bairan, 2018. "What Drives Filipino Firms to Innovate," Working Papers id:12911, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:12911
    Note: Institutional Papers
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    References listed on IDEAS

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    1. Xavier Cirera & William F. Maloney, 2017. "The Innovation Paradox," World Bank Publications - Books, The World Bank Group, number 28341, December.
    2. Vea, Reynaldo B., 2014. "Industry-Academe Collaboration for Research and Development," Discussion Papers DP 2014-10, Philippine Institute for Development Studies.
    3. Llanto, Gilberto M. & Serafica, Ramonette B. & Albert, Jose Ramon G. & Quimba, Francis Mark A. & Vizmanos, Jana Flor V. & Bairan, Jose Carlos Alexis C., 2017. "Measuring and Examining Innovation in Philippine Business and Industry," Discussion Papers DP 2017-28, Philippine Institute for Development Studies.
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