Do the novelty and type of innovation affect the performance of firms? A case study for Ecuador
DOI:
https://doi.org/10.38191/iirr-jorr.22.004Keywords:
productivity, innovation, firms, Latin americaAbstract
Since innovation is a productivity driver that leads to economic growth, the case of a developing country, Ecuador, is studied. The aim of this paper is to measure the causal effect of innovation on firms’ productivity by distinguishing the type of innovation, namely, in products, in process, in organization and in marketing. To do so, an endogenous switching model is estimated using the Science, Technology and Innovation Activity Survey. The results indicate that the productivity loss is higher for innovating firms if they stop innovating than the productivity gain of non-innovating firms if they engage in innovation. The difference between the productivity losses and gains depends on the type of innovation.
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En el momento de aceptar la publicación de sus artículos en Investigaciones Regionales / Journal of Regional Research, los autores acceden a utilizar la licencia Creative Commons CC BY-NC. IIRR/JRR es una revista abierta que permite a los autores retener el máximo control sobre su trabajo. Los autores aceptarán utilizar la licencia Creative Commons Attribution-NonCommercial. Esta licencia permite a cualquier persona copiar y distribuir el artículo con propósitos no comerciales, siempre y cuando se atribuya adecuadamente la atribución del trabajo a la revista y a los autores.
