Firm Innovation and Productivity in Latin America and the Caribbean: The Engine of Economic Development

This volume uses the study of firm dynamics to investigate the factors preventing faster productivity growth in Latin America and the Caribbean, pushing past the limits of traditional macroeconomic analyses. Each chapter is dedicated to an examination of a different factor affecting firm productivity - innovation, ICT usage, on-the-job-training, firm age, access to credit, and international linkages - highlighting the differences in firm characteristics, behaviors, and strategies. By showcasing this remarkable heterogeneity, this collection challenges regional policymakers to look beyond one-size-fits-all solutions and create balanced policy mixes tailored to distinct firm needs. This book is open access under a CC BY-NC-ND 3.0 IGO license.

Product details

Hardcover : 199 pages
Title : Firm Innovation and Productivity in Latin America and the Caribbean: The Engine of Economic Development
Language : English
ISBN-10 : B01HUOVCT6
Ranting : 3.7

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Innovation and Productivity in SMEs: Empirical Evidence
Firm size, R&D intensity, along with investment in equipment enhances the likelihood of having both process and product innovation. Both these kinds of innovation have a positive impact on firm's productivity, especially process innovation. Among SMEs, larger and older firms seem to be less productive.
Firm innovation and productivity | VOX, CEPR Policy Portal
Innovation leads to entry, which in turn leads to rising productivity dispersion (during the experimentation period) and rising productivity growth (during the consolidation period). This process leads to a period of productivity growth from both within firm productivity growth (at successful innovators) and productivity enhancing reallocation dynamics (as resources flow towards successful developers and adopters).
Innovation and Productivity | NBER
The recent empirical evidence on the relationship between innovation and productivity in firms is then surveyed. The conclusion is that there are substantial positive impacts of product innovation on revenue productivity, but that the impact of process innovation is more ambiguous, suggesting some market power on the part of the firms being analyzed.
Firm innovation and productivity in Europe: evidence from
Firm innovation and productivity in Europe: evidence from innovation driven and transition driven economies Frank Crowley School of Economics, Aras na Laoi, University College Cork, College Road, Cork, Ireland Correspondence Frank.crowley@ucc.ie
Firm Innovation and Productivity in Latin America and the
Each chapter is dedicated to an examination of a different factor affecting firm productivity innovation, ICT usage, on the job training, firm age, access to credit, and international linkages highlighting the differences in firm characteristics, behaviors, and strategies.
Firm Productivity, Innovation, and Financial Development
Using a rich firm?level data set, we find that innovation is crucial for firm performance as it directly and measurably increases productivity. The impact of innovation on productivity is larger in less?developed countries.
EXPLORING FIRM LEVEL INNOVATION AND PRODUCTIVITY
on innovation and productivity in the Caribbean. It begins this important discussion by providing a first ever, comprehensive evidence based analysis of innovation and productivity at the firm level. The internationally comparable and statistically relevant data used herein come from two first of their kind micro level datasets funded by the ...
Data Analytics, Innovation, and Firm Productivity
Downloadable! We examine the relationship between data analytics capabilities and innovation using detailed firm level data. To measure innovation, we first utilize a survey to capture two types of firm practices, process improvement and new technology development for 331 firms. We then use patent data to further analyze new technology development for a broader sample of more than 2,000 ...
Exploring Firm Level Innovation and Productivity in
The analytical findings confirm the relevance of innovation and productivity to the Caribbean region. Novel results expose how factors such as gender, finance, energy, competition, foreign direct investment, and, particularly, business development programs impact firm level innovation, productivity, and therefore economic growth.
Firm, Innovation and Productivity in LAC
For the 10 percent most productive firms, the increase in productivity due to innovation is no less than 6.6 percent versus 3.0 3.3 percent for the other firms.Similarly, the premium of an increase of 10 percent of investment in human capital is 7.7 percent for the most productive firms, and only 1.7 percent for the least productive ones.