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...
- Autores:
- 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
- Rights
- License
- Abierto (Texto Completo)
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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 |
_version_ |
1814167512380604416 |