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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, Assessing the effects of human capital composition, innovation portfolio and size on manufacturing firm performance(Emerald, 2020-09-04)Purpose This paper aims to focus on the effects of human capital composition, innovation portfolio and size on manufacturing firms’ performance. Moreover, it seeks to empirically identify the levels of education that are significant in labour productivity. Design/methodology/approach The resource-based view (RBV) theory is applied using data gathered from the National Innovation Survey in the Manufacturing Industries of Peru. Using the ordinary least squares method on a sample of 584 Peruvian manufacturing firms, the effects on firm performance of two subsamples according to innovation portfolio and firm size are determined. Findings The direct effects of human capital composition on productivity show that the higher the workers’ educational level, the higher the productivity. However, if this relationship is analysed in terms of the innovation portfolio, the authors find that labour productivity in companies with product–service innovation is greater (i.e. more significant) than in traditional manufacturing firms with only product innovations. Similarly, if this relationship is compared in terms of company, the authors find that large companies are more significant than small and medium-sized enterprises. Practical implications The study furthers the understanding of how the relationship between human capital composition, innovation portfolio and size of manufacturing firms positively affects labour productivity. Hence, it can help managers to craft their innovation portfolio according to the educational level of their human capital. This could require that not only human resource management innovates, but also that strategic partnerships be developed with educational establishments to boost training towards product–service innovation. Originality/value This study’s results provide confirmation that the configuration of human resources, innovation portfolio and size plays a significant role on manufacturing firms’ performance, particularly in the context of developing countries. - 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. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Finance as a Driver of Business Innovation: A Literature Review(RELX Group (Netherlands), 2025-01-01)1 - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Combinations of knowledge sources for product innovation based on the degree of novelty: Evidence from Peru(Costa Rica Institute of Technology, 2026-01-15)This research aims to unveil the combinations of knowledge sources that influence the degree of innovation novelty or radicalness (products new-to-firm and new-to-market). Exploratory and confirmatory factor models and bivariate probit regression are applied on a sample of Peruvian manufacturing companies made available by the Peruvian National Innovation Survey. The results show twocombinations. Firstly, the combination of internal sources (within the firm or business group) with the knowledge of customers, suppliers, and competitors, which are related to the new-to-firm and new-to-market product innovations. Secondly, the combinationof knowledge from universities, public research institutes, and consultants/private R&D institutes, which are related to new-to-market product innovations. This study contributes to the literature by revealing the combinations that influence the degree ofnovelty or radicalness of innovation in Peru, which represents the search strategies and knowledge combinations to achieve innovation at firm level. The study also provides evidence of how knowledge generated by other companies in the business group orconsultants/private R&D institutes contributes to the firm innovative. The practical implications of this research rely on understanding how strategy makers can promote the management of different knowledge sources in companies and their combinations to achieve product innovations based on the degree of novelty.