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    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.
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    Constraints and opportunities for entrepreneurship in Peru and Chile: A discussion about institutions and social networks in Latin America
    (Universidad Católica del Norte, 2020-05-01)
    Entrepreneurial activity involves many risks and challenges along its life cycle, even more when it is in its very beginning phase. New organizations have a strong necessity to find strategic and valuable resources to achieve their growth and survival while they are taking their first steps in business. In addition to this, countries’ entrepreneurship represents different opportunities like technological development or renewable energy innovations, but for Latin America it means a powerful engine for the economy, thousands of jobs and a reliable way to get rid of poverty. This paper aims to discuss how social networks can be a useful mechanism for entrepreneurs in Latin America to obtain valuable resources from external sources. The method employs a descriptive and exploratory focus, as well as an inductive approach for its conclusions. Results of the paper present different programs carried out by Chilean and Peruvian governments that promote entrepreneurial networks, and how these can be useful to the entrepreneurs’ business activities. Even when these programs need to extend their initiatives, covering a larger scope of entrepreneurs, the study concludes by focusing on the importance of networks promoted by these local institutions as a part of entrepreneurial initial operational phase under turbulent conditions, where valuable resource are scarce and the surrounding institutional environment is weak.
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    Learning from Patient 31 case: A cross-cultural perspective of corporate networks’ diffusion ability in Latin America
    (Escola Superior de Propaganda e Marketing, 2022-12-08)
    This paper has the purpose to discuss how corporate networks’ big linkers constitute a development opportunity area in Latin America. Method: We employ a qualitative analysis that blends social networks literature and builds on interlocking directorates (IntDs) theory with a fascinating case study labeled the ‘Patient 31’ phenomenon that occurred during the coronavirus outbreak in South Korea. Main results: We generate managerial and conceptual insights on the diffusion processes of business practices, which have a series of profound implications for theory and practice on how corporate networks present differences in their diffusion ability. Relevance/Originality: Viral contagion processes are not a secret for health sciences, but they are still underresearched in the context of managerial practices regarding diffusion processes. The COVID-19 virus has been (and is) a significant threat for global health since the beginning of 2020, as well as an operational challenge for almost every organization around the world. Theoretical/Methodological contributions: The results highlight the superspreaders’ high diffusion power, warn about the risks of including ‘Patient 31’- type of spreaders as members of the firms’ boards, and also provide recommendations on how policy makers could harness this diffusion ability over the organizational networks.
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    Rethinking global value chains in Latin America under COVID-19: Challenges and opportunities for exporting firms
    (EAFIT University, 2022-06-20)
    This article examines the debate regarding regional integration and Global Value Chains (GVCs) in Latin America, and the challenges and opportunities that a deepening integration would have for exporting firms. The Latin American region had been progressively taking part in these integrated economic systems when COVID 19 hit. The pandemic has exposed weaknesses in its participation due to several factors, including its dependence on extra-regional hubs. Nevertheless, the disruption has brought back the need to consider the advantages of Latin American GVCs that could enhance the resilience and performance of regional firms. The review shows various benefits in carrying out a regional integration that is GVCs-oriented, similar to Asian and European countries. However, achieving the same level of regional GVC is not without challenges for firms, governments, and institutions. This article examines these alternatives in the context of an economic and health crisis.
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    Climate-resilient and regenerative futures for Latin America and the Caribbean
    (Elsevier Ltd, 2022-09-01)
    Few events have had an impact as the global crisis caused by COVID-19. However, prior to the pandemic, Latin American and Caribbean (LAC) countries already had severe problems in terms of inequality, environmental degradation, and dysfunctional political systems. Added to this are the growing challenges that climate change poses for this highly vulnerable region. This historic turning point represents a new call to consider future studies to re-imagine and reinvent alternative futures for the LAC region . For this paper, we conducted an in-depth qualitative futures study to identify how Latin American and Caribbean countries could build long-term resilience, focusing on adaptability to climate change risks, considering existing sustainable development challenges and the detrimental effects of the COVID-19 pandemic on the economic, environmental, and social aspects. This study's findings provide recommendations for policymakers and decision-makers to achieve sustainable futures for LAC. Finally, it reflects on the value of collective action for a future-proof region.