Scientific capacity and industrial development as locomotors of international competitiveness in Latin America

Different bodies of literature emphasise the separate impact of the manufacturing sector and scientific capacity for competitiveness in developing countries. Scientific knowledge can increase productivity and promote innovation, while the manufacturing sector creates spillovers and generates process...

Descripción completa

Detalles Bibliográficos
Autores: Peña Vinces, Jesús del Carmen, Sánchez-Ancochea, Diego, Guillen, Jorge, Aguado, Luis F
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2019
País:España
Institución:Universidad de Sevilla (US)
Repositorio:idUS. Depósito de Investigación de la Universidad de Sevilla
OAI Identifier:oai:idus.us.es:11441/100425
Acceso en línea:https://hdl.handle.net/11441/100425
https://doi.org/10.3846/tede.2019.8073
Access Level:acceso abierto
Palabra clave:Scientific capacity
Manufacturing sector
International competitiveness
Industrial policy
Latin America
Descripción
Sumario:Different bodies of literature emphasise the separate impact of the manufacturing sector and scientific capacity for competitiveness in developing countries. Scientific knowledge can increase productivity and promote innovation, while the manufacturing sector creates spillovers and generates processes of learning-by-doing. Yet, do these two processes complement each other? Do they, together, contribute to even higher international competitiveness? This paper explores these questions, drawing on an eleven-years panel data set for ten South American economies. We develop a moderation hypothesis model based on the congruence between science, industry, and international competitiveness. Our results support our hypothesis that scientific capacity and manufacturing development have a joint impact on international competitiveness that goes beyond their marginal effects and thus calls for future efforts to implement industrial policy.