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Item type:Publication, Exploring the Influence of Innovation Management Tools on Product Innovation - the Case of Peruvian Innovative Firms(Society of Sytematic Innovation, 2020-09-01)This paper investigates the influence of innovation management tools on product innovation in 84 Peruvian companies that received public funding to carry out innovation projects. The empirical exploratory study is based on a comprehensive questionnaire for collecting data and is analysed using a binary Probit method. The results indicate that although the use of tools is scarce in Peruvian companies, innovation management tools influence product innovation. Furthermore, all the evidence shows that innovation management is important, and therefore the innovation process must be structured and systematized. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Exploring Enabling Factors for Innovation Outcomes. A Firm-Level Analysis(EAFIT University, 2020-07-28)Major innovation research has been primarily focused on developed countries, creating a gap in the literature related to innovation processes in emerging markets, such as Latin America. Even as some studies are aimed toward this region, their approach is usually only from the standpoint of an R&D funding perspective. This paper aims to discuss the relationship between resources for innovation and sources of innovation with innovation outcomes, using a sample of Peruvian companies, which received public funds oriented to the developing of innovative activities. Results found evidence that the presence of resources for innovation and sources of innovation have a positive influence on innovation outcomes. Moreover, resources for innovation are related to non-technological innovation, with internal R&D being the most carried out by companies even when it is not related to product nor process innovation. While sources of innovation are related to product innovation, firms demonstrated an incipient use of inter-firm collaboration strategies as its sources it. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Exploring the effects of innovation strategies and size on manufacturing firms’ productivity and environmental impact(MDPI AG, 2021-03-02)In economies that are based on natural resources, efforts to achieve sustainability still seem unclear, especially in manufacturing companies. As a result, from a business perspective, many manufacturers have adopted various strategies to maintain their competitiveness in line with environmental regulations. In addition to product and process innovation, we have analyzed innovation based on product–service innovation (PSI), or servitization, which is seen as key to promoting more resource-efficient economies. This study examines the effects of innovation strategies on productivity and environmental impact. Based on data extracted from the National Innovation Survey of the manufacturing industries of Peru, a sample of 791 companies were analyzed. Our findings indicate that, although only a few companies carry out product and process innovation and especially product–service innovation, when they do, they have a positive effect on both productivity and environmental impact. However, this relationship is affected by the size of the company. Thus, the innovation strategies have a greater positive effect on environmental impact in large companies than companies with fewer than 50 employees. Finally, despite the importance of product–service innovation, it seems that this strategy is not yet established in Peruvian manufacturing companies. Given the positive effect on productivity and environmental impact, we conclude by emphasizing the importance of establishing public policies aimed at disseminating and promoting this type of innovation, with specific support for companies with fewer than 50 employees.