Los efectos de la financiación pública en el desempeño innovador y económico empresarial

Juan Pablo Sarmiento Jara; Fanny Narcisa Cabrera Barbecho; Cristina Victoria Chapa Zumba; Victor Gerardo Aguilar Feijo

Los efectos de la financiación pública en el desempeño innovador y económico empresarial

Juan Pablo Sarmiento Jara
, Fanny Narcisa Cabrera Barbecho
, Cristina Victoria Chapa Zumba
, Victor Gerardo Aguilar Feijo

Muñoz es Coordinador del Grupo de Investigación en Economía Regional en la Facultad de Ciencias Económicas y Administrativas de la Universidad de Cuenca
UCuenca

Research output: Contribution to journal › Article › peer-review

Abstract

The existence of market failures induces that private investment in innovation activities is less than socially optimal. Hence, state intervention can be essential to promote innovation activities aimed at correcting this problem. This article, by estimating a system of equations in its reduced form, evaluates whether public financing stimulates investment in innovation and improves innovative and economic business performance in Ecuador, using the Innovation Activities Survey of the National Institute of Statistics and Censuses, versions 2009-2011/2012-2014. Public support was found to increase investment in innovation, fundamentally promoting exogenous innovation. Regarding the effects on the ability to innovate in product or process and the effects on productivity, results were found different according to the period of analysis and the economic sector.

Original language	Spanish
Journal	Maskana
State	Published - 6 Apr 2020
Externally published	Yes

Keywords

Financiación; Inversión; Innovación; Producto; Proceso

Cite this

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title = "Los efectos de la financiaci{\'o}n p{\'u}blica en el desempe{\~n}o innovador y econ{\'o}mico empresarial",

abstract = "The existence of market failures induces that private investment in innovation activities is less than socially optimal. Hence, state intervention can be essential to promote innovation activities aimed at correcting this problem. This article, by estimating a system of equations in its reduced form, evaluates whether public financing stimulates investment in innovation and improves innovative and economic business performance in Ecuador, using the Innovation Activities Survey of the National Institute of Statistics and Censuses, versions 2009-2011/2012-2014. Public support was found to increase investment in innovation, fundamentally promoting exogenous innovation. Regarding the effects on the ability to innovate in product or process and the effects on productivity, results were found different according to the period of analysis and the economic sector.",

keywords = "Financiaci{\'o}n; Inversi{\'o}n; Innovaci{\'o}n; Producto; Proceso, Financiaci{\'o}n; Inversi{\'o}n; Innovaci{\'o}n; Producto; Proceso",

author = "\{Sarmiento Jara\}, \{Juan Pablo\} and \{Cabrera Barbecho\}, \{Fanny Narcisa\} and \{Chapa Zumba\}, \{Cristina Victoria\} and \{Aguilar Feijo\}, \{Victor Gerardo\}",

year = "2020",

month = apr,

day = "6",

language = "Espa{\~n}ol",

journal = "Maskana",

issn = "1390-6143",

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TY - JOUR

T1 - Los efectos de la financiación pública en el desempeño innovador y económico empresarial

AU - Sarmiento Jara, Juan Pablo

AU - Cabrera Barbecho, Fanny Narcisa

AU - Chapa Zumba, Cristina Victoria

AU - Aguilar Feijo, Victor Gerardo

PY - 2020/4/6

Y1 - 2020/4/6

N2 - The existence of market failures induces that private investment in innovation activities is less than socially optimal. Hence, state intervention can be essential to promote innovation activities aimed at correcting this problem. This article, by estimating a system of equations in its reduced form, evaluates whether public financing stimulates investment in innovation and improves innovative and economic business performance in Ecuador, using the Innovation Activities Survey of the National Institute of Statistics and Censuses, versions 2009-2011/2012-2014. Public support was found to increase investment in innovation, fundamentally promoting exogenous innovation. Regarding the effects on the ability to innovate in product or process and the effects on productivity, results were found different according to the period of analysis and the economic sector.

AB - The existence of market failures induces that private investment in innovation activities is less than socially optimal. Hence, state intervention can be essential to promote innovation activities aimed at correcting this problem. This article, by estimating a system of equations in its reduced form, evaluates whether public financing stimulates investment in innovation and improves innovative and economic business performance in Ecuador, using the Innovation Activities Survey of the National Institute of Statistics and Censuses, versions 2009-2011/2012-2014. Public support was found to increase investment in innovation, fundamentally promoting exogenous innovation. Regarding the effects on the ability to innovate in product or process and the effects on productivity, results were found different according to the period of analysis and the economic sector.

KW - Financiación; Inversión; Innovación; Producto; Proceso

UR - https://publicaciones.ucuenca.edu.ec/ojs/index.php/maskana/article/view/3146

M3 - Artículo

SN - 1390-6143

JO - Maskana

JF - Maskana

ER -

Los efectos de la financiación pública en el desempeño innovador y económico empresarial

Abstract

Keywords

Other files and links

Determinants of investment in innovation and in innovative performance in Ecuadorian private companies.

Cite this

Los efectos de la financiación pública en el desempeño innovador y económico empresarial

Abstract

Keywords

Other files and links

Projects

Determinants of investment in innovation and in innovative performance in Ecuadorian private companies.

Cite this