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Impact of technological innovation on the productivity of manufacturing companies in Peru

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

It is estimated the relationship between the investment in innovation activities, the results of innovation and productivity in Peruvian manufacturing firms, using the multi-equation model, called the CDM model, which studies the entire innovation process. The quantile regression approach was used, using data from the II National Survey of Innovation in the Manufacturing Industry 2015 in Peru. The findings were that technological innovation is associated with a 56% increase in productivity in the company. Finally, the quantile regression approach shows that the effect of technological innovation on the firm’s productivity is heterogeneous, increasing the effect on bigger firms. If investment in technological activities increases by 1%, then the labor productivity increases by 0.22% and the returns of innovation depend on the entrepreneurial position according the distribution of productivity.

Original languageEnglish
Title of host publicationIntelligent Human Systems Integration - Proceedings of the 3rd International Conference on Intelligent Human Systems Integration IHSI 2020
Subtitle of host publicationIntegrating People and Intelligent Systems
EditorsTareq Ahram, Waldemar Karwowski, Alberto Vergnano, Francesco Leali, Redha Taiar
PublisherSpringer
Pages421-426
Number of pages6
ISBN (Print)9783030395117
DOIs
StatePublished - 2020
Event3rd International Conference on Intelligent Human Systems Integration, IHSI 2020 - Modena, Italy
Duration: 19 Feb 202021 Feb 2020

Publication series

NameAdvances in Intelligent Systems and Computing
Volume1131 AISC
ISSN (Print)2194-5357
ISSN (Electronic)2194-5365

Conference

Conference3rd International Conference on Intelligent Human Systems Integration, IHSI 2020
Country/TerritoryItaly
CityModena
Period19/02/2021/02/20

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  2. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure

Keywords

  • CDM
  • Manufacturing sector
  • Productivity
  • Technological innovation

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