Effects of innovation on the growth of ecuadorian firms: a quantile analysis

This paper analyzes the relationship between firms’ innovation and growth measured by sales and labor productivity in Ecuador. The literature on this topic has focused mainly on developed countries. We apply panel data quantile regressions to analyze a sample of 99,872 private limited company and pu...

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Detalles Bibliográficos
Autores: Simbaña Taipe, Luis Enrique, Rodeiro-Pazos, David, Rodríguez-Gulías, María Jesús, Fernández López, Sara
Tipo de recurso: artículo
Fecha de publicación:2018
País:España
Institución:Universidad de Santiago de Compostela (USC)
Repositorio:Minerva. Repositorio Institucional de la Universidad de Santiago de Compostela
Idioma:inglés
OAI Identifier:oai:minerva.usc.gal:10347/45131
Acceso en línea:https://hdl.handle.net/10347/45131
Access Level:acceso abierto
Palabra clave:Innovation
Growth
Quantile regressions
Panel data
Ecuador
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spelling Effects of innovation on the growth of ecuadorian firms: a quantile analysisSimbaña Taipe, Luis EnriqueRodeiro-Pazos, DavidRodríguez-Gulías, María JesúsFernández López, SaraInnovationGrowthQuantile regressionsPanel dataEcuadorThis paper analyzes the relationship between firms’ innovation and growth measured by sales and labor productivity in Ecuador. The literature on this topic has focused mainly on developed countries. We apply panel data quantile regressions to analyze a sample of 99,872 private limited company and public limited company for the period 2000-2013. Quantile regression allows us to avoid conventional analysis through the study of the average impact for the average company, which can lead to the discovery of phenomena underlying relationships. The results show that firm innovation has a negative on productivity growth. In contrast, there is a positive relationship between innovation and sales growth for firms in some quantiles. These results lead us to establish a series of recommendations aimed at public policy decision-makers. In particular, the support of government entities is important for a company's R&D activities, which contribute to generating profitable intangible assets. This support can be through advice, subsidies, or tax benefits, among others. At the country level, government effort to protect intangible assets is also important, promoting competitive advantages for those companies that actually invest or buy such assetsUniversidad del Pacífico (Lima, Perú)Universidade de Santiago de Compostela. Departamento de Economía Financeira e Contabilidade20182018-11-3020182018-11-30journal articlehttp://purl.org/coar/resource_type/c_6501VoRhttp://purl.org/coar/version/c_970fb48d4fbd8a85info:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/10347/45131reponame:Minerva. Repositorio Institucional de la Universidad de Santiago de Compostelainstname:Universidad de Santiago de Compostela (USC)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2©2018 Universidad de Lima. Journal of Business publica todos sus artículos y reseñas bajo la licencia Creative Commons Attribution (CC BY 4.0)http://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccessoai:minerva.usc.gal:10347/451312026-06-15T12:47:27Z
dc.title.none.fl_str_mv Effects of innovation on the growth of ecuadorian firms: a quantile analysis
title Effects of innovation on the growth of ecuadorian firms: a quantile analysis
spellingShingle Effects of innovation on the growth of ecuadorian firms: a quantile analysis
Simbaña Taipe, Luis Enrique
Innovation
Growth
Quantile regressions
Panel data
Ecuador
title_short Effects of innovation on the growth of ecuadorian firms: a quantile analysis
title_full Effects of innovation on the growth of ecuadorian firms: a quantile analysis
title_fullStr Effects of innovation on the growth of ecuadorian firms: a quantile analysis
title_full_unstemmed Effects of innovation on the growth of ecuadorian firms: a quantile analysis
title_sort Effects of innovation on the growth of ecuadorian firms: a quantile analysis
dc.creator.none.fl_str_mv Simbaña Taipe, Luis Enrique
Rodeiro-Pazos, David
Rodríguez-Gulías, María Jesús
Fernández López, Sara
author Simbaña Taipe, Luis Enrique
author_facet Simbaña Taipe, Luis Enrique
Rodeiro-Pazos, David
Rodríguez-Gulías, María Jesús
Fernández López, Sara
author_role author
author2 Rodeiro-Pazos, David
Rodríguez-Gulías, María Jesús
Fernández López, Sara
author2_role author
author
author
dc.contributor.none.fl_str_mv Universidade de Santiago de Compostela. Departamento de Economía Financeira e Contabilidade
dc.subject.none.fl_str_mv Innovation
Growth
Quantile regressions
Panel data
Ecuador
topic Innovation
Growth
Quantile regressions
Panel data
Ecuador
description This paper analyzes the relationship between firms’ innovation and growth measured by sales and labor productivity in Ecuador. The literature on this topic has focused mainly on developed countries. We apply panel data quantile regressions to analyze a sample of 99,872 private limited company and public limited company for the period 2000-2013. Quantile regression allows us to avoid conventional analysis through the study of the average impact for the average company, which can lead to the discovery of phenomena underlying relationships. The results show that firm innovation has a negative on productivity growth. In contrast, there is a positive relationship between innovation and sales growth for firms in some quantiles. These results lead us to establish a series of recommendations aimed at public policy decision-makers. In particular, the support of government entities is important for a company's R&D activities, which contribute to generating profitable intangible assets. This support can be through advice, subsidies, or tax benefits, among others. At the country level, government effort to protect intangible assets is also important, promoting competitive advantages for those companies that actually invest or buy such assets
publishDate 2018
dc.date.none.fl_str_mv 2018
2018-11-30
2018
2018-11-30
dc.type.none.fl_str_mv journal article
http://purl.org/coar/resource_type/c_6501
VoR
http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://hdl.handle.net/10347/45131
url https://hdl.handle.net/10347/45131
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
http://creativecommons.org/licenses/by/4.0/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
http://creativecommons.org/licenses/by/4.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidad del Pacífico (Lima, Perú)
publisher.none.fl_str_mv Universidad del Pacífico (Lima, Perú)
dc.source.none.fl_str_mv reponame:Minerva. Repositorio Institucional de la Universidad de Santiago de Compostela
instname:Universidad de Santiago de Compostela (USC)
instname_str Universidad de Santiago de Compostela (USC)
reponame_str Minerva. Repositorio Institucional de la Universidad de Santiago de Compostela
collection Minerva. Repositorio Institucional de la Universidad de Santiago de Compostela
repository.name.fl_str_mv
repository.mail.fl_str_mv
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