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

[EN] 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...

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Detalles Bibliográficos
Autores: Chang-Muñoz, Eduardo, Mercado-Caruso, Nohora, Ovallos Gazabon, David, Noguera Osorio, Silvia, Segarra Oña, María del Val
Tipo de recurso: artículo
Fecha de publicación:2022
País:España
Institución:Universitat Politècnica de València (UPV)
Repositorio:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
Idioma:inglés
OAI Identifier:oai:riunet.upv.es:10251/191619
Acceso en línea:https://riunet.upv.es/handle/10251/191619
Access Level:acceso abierto
Palabra clave:Product innovation
Process innovation
Exporting SMEs
Innovation activities
Competitive advantage
ORGANIZACION DE EMPRESAS
08.- Fomentar el crecimiento económico sostenido, inclusivo y sostenible, el empleo pleno y productivo, y el trabajo decente para todos
Descripción
Sumario:[EN] 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.