Product or process innovation? the dilemma for exporting SMEs in emerging economies: The case of the Colombian Caribbean

On the path to economic globalisation, companies are constantly facing opportunities and challenges in their pursuit of business survival and continuous improvement. Due to its strategic conception, innovation management seems to generate the transformations required in the current competitive envir...

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Detalhes bibliográficos
Autores: Chang muñoz, eduardo, Mercado Caruso, Nohora Nubia, Ovallos, David, Segarra-Oña, Marival, Noguera Osorio, Silvia
Tipo de documento: artigo
Estado:Versão publicada
Data de publicação:2022
País:Colombia
Recursos:Corporación Universidad de la Costa
Repositório:Repositorio REDICUC
Idioma:inglês
OAI Identifier:oai:repositorio.cuc.edu.co:11323/9368
Acesso em linha:https://hdl.handle.net/11323/9368
https://doi.org/10.1016/j.procs.2021.12.296
https://repositorio.cuc.edu.co/
Access Level:Acceso aberto
Palavra-chave:Product innovation
Process innovation
Exporting SMEs
Innovation activities
Competitive advantage
Descrição
Resumo:On the path to economic globalisation, companies are constantly facing opportunities and challenges in their pursuit of business survival and continuous improvement. Due to its strategic conception, innovation management seems to generate the transformations required in the current competitive environment. This article seeks to analyse the dilemma faced by small and medium sized exporting enterprises located in a developing country and regarding what to manage first: product or process innovation. The empirical analysis has been performed in the Colombian Caribbean region. The results revealed that companies focus more on process innovation than on product innovation. Similarly, it is concluded that the former precedes the latter