Determinants of innovation in manufacturing industry: A systemic perspective in peru

Benoit Mougenot, Melody Ien Zavala

Resultado de la investigación: Capítulo del libro/informe/acta de congresoContribución a la conferenciarevisión exhaustiva

Resumen

The objective of this research was focused on identifying the determinants of innovation in the manufacturing industry of Peru. A quantitative research based on a non-experimental, correlational explanatory design was followed, using data from 1444 Peruvian manufacturing firms registered in the National Manufacturing Industry Innovation Survey (ENIIM 2015). We estimated a Tobit model for the innovation decision and the amount of investment in annual innovation. The main results showed a global and significant effect of a set of internal characteristics and external factors on the investment decision and the annual amount invested in innovation. Likewise, the size of the firm, the increase in the number of qualified workers, the existence of internal R&D infrastructure as well as the increase in innovation expenses from previous year and the private funds present a positive and significant effect on the propensity of innovation and on the annual amount invested in innovation. In contrast, the lack of competition in the sector have a negative influence on both the decision to innovate and the amount of investment in innovation. These findings contribute to discriminate the most relevant factors to stimulate the generation of Peruvian manufacturing innovation, contributing to the design of stimulus for more effective policies.

Idioma originalInglés
Título de la publicación alojadaProceedings of the 16th European Conference on Innovation and Entrepreneurship, ECIE 2021
EditoresFlorinda Matos, Maria de Fátima Ferreiro, Isabel Salavisa, Álvaro Rosa
EditorialAcademic Conferences and Publishing International Limited
Páginas583-589
Número de páginas7
ISBN (versión impresa)9781914587108
DOI
EstadoPublicada - 2021
Evento16th European Conference on Innovation and Entrepreneurship, ECIE 2021 - Virtual, Online
Duración: 16 set. 202117 set. 2021

Serie de la publicación

NombreProceedings of the European Conference on Innovation and Entrepreneurship, ECIE
ISSN (versión impresa)2049-1050

Conferencia

Conferencia16th European Conference on Innovation and Entrepreneurship, ECIE 2021
CiudadVirtual, Online
Período16/09/2117/09/21

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