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Innovation for economic performance: The case of Latin American firms

Author

Listed:
  • 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.

Suggested Citation

  • Arias Ortiz, Elena & Crespi, Gustavo & Tacsir, Ezequiel & Vargas, Fernando & Zuniga, Pluvia, 2013. "Innovation for economic performance: The case of Latin American firms," MERIT Working Papers 028, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  • Handle: RePEc:unm:unumer:2013028
    as

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    References listed on IDEAS

    as
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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.

    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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