Heredia Pérez, Jorge A., Geldes, Cristian, Kunc, Martin and Flores, Alejandro (2019) New approach to the innovation process in emerging economies : the manufacturing sector case in Chile and Peru. Technovation, 79 . pp. 35-55. doi:10.1016/j.technovation.2018.02.012 ISSN 0166-4972.

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Abstract

This paper focuses on paths towards innovation and considers different types of innovation. It develops a new framework to analyze the internal and external factors that influence the types of innovation and their relationships with business performance in the manufacturing sector. A proposed theoretical model is tested and used to evaluate the process of innovation by country (Peru and Chile) and companies by size, type of industry, financial aspects and level of patenting. In Chile, the driver is technological innovation in processes, whereas in Peru, it is non-technological innovation. Companies with high perceptions of financial constraints exhibit a preference for the development of marketing innovations to substantially improve production performance; if a company perceives few financial barriers, it increases innovation resources and process innovation to significantly improve market performance. Small businesses increase non-technological innovation by investing in staff to manage the social networks. Moreover, the participation of foreign capital may overcome the institutional voids and lack of support systems. Furthermore, the combination of process and organizational innovation increases export performance, and the effect of the cooperation depends on the type of industry. Finally, we note the limitations and propose future research.

Item Type:	Journal Article
Subjects:	H Social Sciences > HD Industries. Land use. Labor
Divisions:	Faculty of Social Sciences > Warwick Business School > Operational Research & Management Sciences Faculty of Social Sciences > Warwick Business School
Library of Congress Subject Headings (LCSH):	Technological innovations -- Developing countries, Organizational effectiveness -- Developing countries, Performance -- Developing countries, Industrial management -- Developing countries
Journal or Publication Title:	Technovation
Publisher:	Elsevier Ltd.
ISSN:	0166-4972
Official Date:	January 2019
Dates:	Date Event January 2019 Published 13 March 2018 Available 23 February 2018 Accepted
Volume:	79
Page Range:	pp. 35-55
DOI:	10.1016/j.technovation.2018.02.012
Status:	Peer Reviewed
Publication Status:	Published
Access rights to Published version:	Restricted or Subscription Access
Date of first compliant deposit:	24 April 2018
Date of first compliant Open Access:	13 March 2020

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