TY - JOUR
T1 - Innovation and productivity in the colombian service and manufacturing industries
AU - Gallego, Juan Miguel
AU - Gutiérrez, Luis H.
AU - Taborda, Rodrigo
N1 - Funding Information:
Public financial support
Publisher Copyright:
Copyright © Taylor & Francis Group, LLC.
PY - 2015/1/1
Y1 - 2015/1/1
N2 - The knowledge of the innovation-productivity relationship in Latin America, and particularly in the Colombian service sector, is scant. In this study, we explore such relationship comparing the Colombian service industry with manufacturing. Following the Crépon-Duguet-Mairesse empirical approach, the four major findings are as follows: Indeed, Colombian service firms undertake (technological and nontechnological) innovation processes. Regardless of the industry, the probability of innovation increases when there is investment in research and development (R&D) labs and firms are large. The more intensive innovation investment is, the higher the probability of innovation implementation. Finally, labor productivity is enhanced after the introduction of innovations.
AB - The knowledge of the innovation-productivity relationship in Latin America, and particularly in the Colombian service sector, is scant. In this study, we explore such relationship comparing the Colombian service industry with manufacturing. Following the Crépon-Duguet-Mairesse empirical approach, the four major findings are as follows: Indeed, Colombian service firms undertake (technological and nontechnological) innovation processes. Regardless of the industry, the probability of innovation increases when there is investment in research and development (R&D) labs and firms are large. The more intensive innovation investment is, the higher the probability of innovation implementation. Finally, labor productivity is enhanced after the introduction of innovations.
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U2 - 10.1080/1540496X.2015.1026698
DO - 10.1080/1540496X.2015.1026698
M3 - Research Article
AN - SCOPUS:84943427338
SN - 1540-496X
VL - 51
SP - 612
EP - 634
JO - Emerging Markets Finance and Trade
JF - Emerging Markets Finance and Trade
IS - 3
ER -