Human capital, innovation and productivity in Colombian enterprises: a structural approach using instrumental variables

In this paper we explore the R and D–innovation–productivity linkage for the Colombian manufacturing industry, paying special attention to the role of human capital. Using data from two firm-level surveys, the Survey of Development and Technological Innovation (EDIT) and the Annual Manufacturing Sur...

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Tipo de recurso:
Fecha de publicación:
2019
Institución:
Universidad del Rosario
Repositorio:
Repositorio EdocUR - U. Rosario
Idioma:
eng
OAI Identifier:
oai:repository.urosario.edu.co:10336/23901
Acceso en línea:
https://doi.org/10.1080/10438599.2019.1664700
https://repository.urosario.edu.co/handle/10336/23901
Palabra clave:
Human capital
Innovation
Productivity
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repository_id_str
spelling 51866251600717594006005e65845c-7a37-4889-95b5-2df6d7ad90fa2020-05-26T00:06:31Z2020-05-26T00:06:31Z2019In this paper we explore the R and D–innovation–productivity linkage for the Colombian manufacturing industry, paying special attention to the role of human capital. Using data from two firm-level surveys, the Survey of Development and Technological Innovation (EDIT) and the Annual Manufacturing Survey (EAM), we extend the model of Crépon, Duguet, and Mairesse [1998. ‘Research, Innovation and Productivity: An Econometric Analysis at the Firm Level.’ Economics of Innovation and New Technology 7 (2): 115–158] (hereafter CDM) by including human capital at the investment decision stage. We implement an instrumental variable methodology to correct the potential endogeneity that may arise with the inclusion of human capital. Our results suggest that human capital has a causal effect on research and development (R and D) investment decisions, the innovation behavior of the firm, and increases the labor productivity of the firm. The conclusions highlight the relevance of human capital in the surrounding literature which stands in contrast to prior work that has not included this variable. © 2019, © 2019 Informa UK Limited, trading as Taylor and Francis Group.application/pdfhttps://doi.org/10.1080/10438599.2019.16647001476836410438599https://repository.urosario.edu.co/handle/10336/23901engRoutledgeEconomics of Innovation and New TechnologyEconomics of Innovation and New Technology, ISSN:14768364, 10438599,(2019)https://www.scopus.com/inward/record.uri?eid=2-s2.0-85074052584&doi=10.1080%2f10438599.2019.1664700&partnerID=40&md5=038adac7d87b57adea0652170e672c6bAbierto (Texto Completo)http://purl.org/coar/access_right/c_abf2instname:Universidad del Rosarioreponame:Repositorio Institucional EdocURHuman capitalInnovationProductivityHuman capital, innovation and productivity in Colombian enterprises: a structural approach using instrumental variablesarticleArtículohttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501Ramírez Clavijo, Sandra RocíoGallego Acevedo, Juan MiguelTamayo M.10336/23901oai:repository.urosario.edu.co:10336/239012022-05-02 07:37:16.610914https://repository.urosario.edu.coRepositorio institucional EdocURedocur@urosario.edu.co
dc.title.spa.fl_str_mv Human capital, innovation and productivity in Colombian enterprises: a structural approach using instrumental variables
title Human capital, innovation and productivity in Colombian enterprises: a structural approach using instrumental variables
spellingShingle Human capital, innovation and productivity in Colombian enterprises: a structural approach using instrumental variables
Human capital
Innovation
Productivity
title_short Human capital, innovation and productivity in Colombian enterprises: a structural approach using instrumental variables
title_full Human capital, innovation and productivity in Colombian enterprises: a structural approach using instrumental variables
title_fullStr Human capital, innovation and productivity in Colombian enterprises: a structural approach using instrumental variables
title_full_unstemmed Human capital, innovation and productivity in Colombian enterprises: a structural approach using instrumental variables
title_sort Human capital, innovation and productivity in Colombian enterprises: a structural approach using instrumental variables
dc.subject.keyword.spa.fl_str_mv Human capital
Innovation
Productivity
topic Human capital
Innovation
Productivity
description In this paper we explore the R and D–innovation–productivity linkage for the Colombian manufacturing industry, paying special attention to the role of human capital. Using data from two firm-level surveys, the Survey of Development and Technological Innovation (EDIT) and the Annual Manufacturing Survey (EAM), we extend the model of Crépon, Duguet, and Mairesse [1998. ‘Research, Innovation and Productivity: An Econometric Analysis at the Firm Level.’ Economics of Innovation and New Technology 7 (2): 115–158] (hereafter CDM) by including human capital at the investment decision stage. We implement an instrumental variable methodology to correct the potential endogeneity that may arise with the inclusion of human capital. Our results suggest that human capital has a causal effect on research and development (R and D) investment decisions, the innovation behavior of the firm, and increases the labor productivity of the firm. The conclusions highlight the relevance of human capital in the surrounding literature which stands in contrast to prior work that has not included this variable. © 2019, © 2019 Informa UK Limited, trading as Taylor and Francis Group.
publishDate 2019
dc.date.created.spa.fl_str_mv 2019
dc.date.accessioned.none.fl_str_mv 2020-05-26T00:06:31Z
dc.date.available.none.fl_str_mv 2020-05-26T00:06:31Z
dc.type.eng.fl_str_mv article
dc.type.coarversion.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.coar.fl_str_mv http://purl.org/coar/resource_type/c_6501
dc.type.spa.spa.fl_str_mv Artículo
dc.identifier.doi.none.fl_str_mv https://doi.org/10.1080/10438599.2019.1664700
dc.identifier.issn.none.fl_str_mv 14768364
10438599
dc.identifier.uri.none.fl_str_mv https://repository.urosario.edu.co/handle/10336/23901
url https://doi.org/10.1080/10438599.2019.1664700
https://repository.urosario.edu.co/handle/10336/23901
identifier_str_mv 14768364
10438599
dc.language.iso.spa.fl_str_mv eng
language eng
dc.relation.citationTitle.none.fl_str_mv Economics of Innovation and New Technology
dc.relation.ispartof.spa.fl_str_mv Economics of Innovation and New Technology, ISSN:14768364, 10438599,(2019)
dc.relation.uri.spa.fl_str_mv https://www.scopus.com/inward/record.uri?eid=2-s2.0-85074052584&doi=10.1080%2f10438599.2019.1664700&partnerID=40&md5=038adac7d87b57adea0652170e672c6b
dc.rights.coar.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.rights.acceso.spa.fl_str_mv Abierto (Texto Completo)
rights_invalid_str_mv Abierto (Texto Completo)
http://purl.org/coar/access_right/c_abf2
dc.format.mimetype.none.fl_str_mv application/pdf
dc.publisher.spa.fl_str_mv Routledge
institution Universidad del Rosario
dc.source.instname.spa.fl_str_mv instname:Universidad del Rosario
dc.source.reponame.spa.fl_str_mv reponame:Repositorio Institucional EdocUR
repository.name.fl_str_mv Repositorio institucional EdocUR
repository.mail.fl_str_mv edocur@urosario.edu.co
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