Vista Equipo: Innovation, R-D Investment and Productivity in Colombia

Innovation, R-D Investment and Productivity in Colombia

"The main objective of this paper is to establish a formal relationship between innovation and performance using Colombian firm-level data. We find that, as predicted by the literature, the production of goods and services new to the firm and to the domestic market enhances firms productivity...

Descripción completa

Detalles Bibliográficos
Autores Principales:	Arbeláez, María A., Parra, Mónica
Otros Autores:	Becerra, Alejandro
Publicado:	2015
Materias:	Innovaciones Productividad Desempeño Económico Productividad Factorial Modelo Tobit Generalizado Colombia
Acceso en línea:	http://hdl.handle.net/11445/215

id	ir-11445-215
recordtype	dspace
spelling	ir-11445-2152017-06-17T21:38:39Z Innovation, R-D Investment and Productivity in Colombia Arbeláez, María A. Parra, Mónica Becerra, Alejandro Innovaciones Productividad Desempeño Económico Productividad Factorial Modelo Tobit Generalizado Colombia "The main objective of this paper is to establish a formal relationship between innovation and performance using Colombian firm-level data. We find that, as predicted by the literature, the production of goods and services new to the firm and to the domestic market enhances firms productivity and sales. In the same way, innovation in management and marketing boosts firms productivity and sales. However, contrary to theoretical predictions, the production of goods and services new to the international market has a strong negative impact on TFP, although it largely increases sales when firms invest in R-D. We also study the factors behind the firms decision to invest in innovation, the intensity of such investment and the returns to investment in innovation." "The main objective of this paper is to establish a formal relationship between innovation and performance using Colombian firm-level data. We find that, as predicted by the literature, the production of goods and services new to the firm and to the domestic market enhances firms productivity and sales. In the same way, innovation in management and marketing boosts firms productivity and sales. However, contrary to theoretical predictions, the production of goods and services new to the international market has a strong negative impact on TFP, although it largely increases sales when firms invest in R-D. We also study the factors behind the firms decision to invest in innovation, the intensity of such investment and the returns to investment in innovation." C21 C31 C34 C35 L60 O31 O32 O14 O47 Innovation Productivity Economic Performance Total Factor Productivity Generalized Tobit Model Firm-Level Data 2015-12-10T12:22:22Z 2016-01-21T02:31:32Z 2017-04-17T21:49:14Z 2017-06-17T21:38:39Z 2015-12-10T12:22:22Z 2016-01-21T02:31:32Z 2017-04-17T21:49:14Z 2017-06-17T21:38:39Z 2009-11 http://hdl.handle.net/11445/215 application/pdf
institution	Fedesarrollo
collection	DSpace
topic	Innovaciones Productividad Desempeño Económico Productividad Factorial Modelo Tobit Generalizado Colombia
spellingShingle	Innovaciones Productividad Desempeño Económico Productividad Factorial Modelo Tobit Generalizado Colombia Arbeláez, María A. Parra, Mónica Innovation, R-D Investment and Productivity in Colombia
description	"The main objective of this paper is to establish a formal relationship between innovation and performance using Colombian firm-level data. We find that, as predicted by the literature, the production of goods and services new to the firm and to the domestic market enhances firms productivity and sales. In the same way, innovation in management and marketing boosts firms productivity and sales. However, contrary to theoretical predictions, the production of goods and services new to the international market has a strong negative impact on TFP, although it largely increases sales when firms invest in R-D. We also study the factors behind the firms decision to invest in innovation, the intensity of such investment and the returns to investment in innovation."
author2	Becerra, Alejandro
author_facet	Becerra, Alejandro Arbeláez, María A. Parra, Mónica
author	Arbeláez, María A. Parra, Mónica
author_sort	Arbeláez, María A.
title	Innovation, R-D Investment and Productivity in Colombia
title_short	Innovation, R-D Investment and Productivity in Colombia
title_full	Innovation, R-D Investment and Productivity in Colombia
title_fullStr	Innovation, R-D Investment and Productivity in Colombia
title_full_unstemmed	Innovation, R-D Investment and Productivity in Colombia
title_sort	innovation, r-d investment and productivity in colombia
publishDate	2015
url	http://hdl.handle.net/11445/215
_version_	1626720946201034752
score	12,131701

Innovation, R-D Investment and Productivity in Colombia

Ejemplares similares