Drivers of technological innovation in SMEs during Covid-19 times: an analysis in the caribbean region using ICONOS program database

Technological innovation is still a challenge for SMEs in emerging countries, mainly due to the lack of financial, structural, capital, and proper managerial resources. Covid-19 presented a scenario that increased difficulties for companies, especially of this kind, and at the same time presented a...

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Autores:
Pozzo, Danielle
Porras-Paez, Andrea
Tipo de recurso:
Part of book
Fecha de publicación:
2022
Institución:
Corporación Universidad de la Costa
Repositorio:
REDICUC - Repositorio CUC
Idioma:
eng
OAI Identifier:
oai:repositorio.cuc.edu.co:11323/9353
Acceso en línea:
https://hdl.handle.net/11323/9353
https://doi.org/10.1007/978-3-031-04126-6_1
https://repositorio.cuc.edu.co/
Palabra clave:
Innovation
Technological innovation
Drivers
SMEs
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closedAccess
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Atribución-NoComercial-CompartirIgual 4.0 Internacional (CC BY-NC-SA 4.0)
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dc.title.eng.fl_str_mv Drivers of technological innovation in SMEs during Covid-19 times: an analysis in the caribbean region using ICONOS program database
title Drivers of technological innovation in SMEs during Covid-19 times: an analysis in the caribbean region using ICONOS program database
spellingShingle Drivers of technological innovation in SMEs during Covid-19 times: an analysis in the caribbean region using ICONOS program database
Innovation
Technological innovation
Drivers
SMEs
title_short Drivers of technological innovation in SMEs during Covid-19 times: an analysis in the caribbean region using ICONOS program database
title_full Drivers of technological innovation in SMEs during Covid-19 times: an analysis in the caribbean region using ICONOS program database
title_fullStr Drivers of technological innovation in SMEs during Covid-19 times: an analysis in the caribbean region using ICONOS program database
title_full_unstemmed Drivers of technological innovation in SMEs during Covid-19 times: an analysis in the caribbean region using ICONOS program database
title_sort Drivers of technological innovation in SMEs during Covid-19 times: an analysis in the caribbean region using ICONOS program database
dc.creator.fl_str_mv Pozzo, Danielle
Porras-Paez, Andrea
dc.contributor.author.spa.fl_str_mv Pozzo, Danielle
Porras-Paez, Andrea
dc.subject.proposal.eng.fl_str_mv Innovation
Technological innovation
Drivers
SMEs
topic Innovation
Technological innovation
Drivers
SMEs
description Technological innovation is still a challenge for SMEs in emerging countries, mainly due to the lack of financial, structural, capital, and proper managerial resources. Covid-19 presented a scenario that increased difficulties for companies, especially of this kind, and at the same time presented a necessity-driven impulse to look for innovative solutions. This study aimed to analyze the drivers of technological innovations of SMEs of the Caribbean Region, during what was considered locally the most critical period of covid-19 pandemic. Data was obtained from ICONOS program, a local government initiative that support the systemic development of innovations and support to consolidate organizational and regional competitive advantage. A sample of 28 innovation projects – in which 11 are already active and functional - was considered, using coding to establish the main relations and topics emerging from the different proposals. Results show covid-19 was considered both as an antecedent and as a parameter for market orientation, suggesting a rapid response from these companies when facing economic and social changes. Healthcare, education, and agriculture were found as key sectors. Potential competitive advantages were designed on three major aspects: usability, accessibility, and sustainability. The majority of the cases presented a market pull innovation flow, predominantly focusing on covid-19 related needs and consequent solutions.
publishDate 2022
dc.date.accessioned.none.fl_str_mv 2022-07-08T13:13:06Z
dc.date.available.none.fl_str_mv 2022-07-08T13:13:06Z
dc.date.issued.none.fl_str_mv 2022-04-03
dc.type.spa.fl_str_mv Capítulo - Parte de Libro
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dc.identifier.citation.spa.fl_str_mv Pozzo, D.N., Porras-Paez, A. (2022). Drivers of Technological Innovation in SMEs During Covid-19 Times: An Analysis in the Caribbean Region Using ICONOS Program Database. In: Fan, S., Ilk, N., Shan, Z., Zhao, K. (eds) From Grand Challenges to Great Solutions: Digital Transformation in the Age of COVID-19. WeB 2021. Lecture Notes in Business Information Processing, vol 443. Springer, Cham. https://doi.org/10.1007/978-3-031-04126-6_1
dc.identifier.isbn.spa.fl_str_mv 978-3-031-04125-9
dc.identifier.uri.spa.fl_str_mv https://hdl.handle.net/11323/9353
dc.identifier.url.spa.fl_str_mv https://doi.org/10.1007/978-3-031-04126-6_1
dc.identifier.doi.spa.fl_str_mv 10.1007/978-3-031-04126-6_1
dc.identifier.instname.spa.fl_str_mv Corporación Universidad de la Costa
dc.identifier.reponame.spa.fl_str_mv REDICUC - Repositorio CUC
dc.identifier.repourl.spa.fl_str_mv https://repositorio.cuc.edu.co/
dc.identifier.eisbn.spa.fl_str_mv 978-3-031-04126-6
identifier_str_mv Pozzo, D.N., Porras-Paez, A. (2022). Drivers of Technological Innovation in SMEs During Covid-19 Times: An Analysis in the Caribbean Region Using ICONOS Program Database. In: Fan, S., Ilk, N., Shan, Z., Zhao, K. (eds) From Grand Challenges to Great Solutions: Digital Transformation in the Age of COVID-19. WeB 2021. Lecture Notes in Business Information Processing, vol 443. Springer, Cham. https://doi.org/10.1007/978-3-031-04126-6_1
978-3-031-04125-9
10.1007/978-3-031-04126-6_1
Corporación Universidad de la Costa
REDICUC - Repositorio CUC
978-3-031-04126-6
url https://hdl.handle.net/11323/9353
https://doi.org/10.1007/978-3-031-04126-6_1
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dc.relation.ispartofseries.spa.fl_str_mv From grand challenges to great solutions: digital transformation in the age of COVID-19;
dc.relation.ispartofbook.spa.fl_str_mv Lecture Notes in Business Information Processing
dc.relation.references.spa.fl_str_mv ACOPI: Realización de la fase de cofinanciación en el marco del proyecto: implementación de un programa de cofinanciación de proyectos de I+D+I en pymes de sectores estratégicos en el departamento del Atlántico. http://iconosatlantico.com/wp-content/uploads/2020/03/TDR-DEFINITIVOS-ICONOS-02.03.20.pdf. Accessed 10 Aug 2020
ACOPI: Publicación de resultados definitivos de la evaluación técnica. http://iconosatlantico.com/wp-content/uploads/2020/06/LISTADO-DEFINITIVO-DE-ELEGIBLES-EVALTEC-1.pdf. Accessed 10 Aug 2020
Adam, N.A., Alarifi, G.: Innovation practices for survival of small and medium enterprises (SMEs) in the COVID-19 times: the role of external support. J. Innov. Entrepreneurship 10(1), 1–22 (2021). https://doi.org/10.1186/s13731-021-00156-6
Akinremi, T., Roper, S.: The collaboration paradox: why small firms fail to collaborate for innovation. In: Fernandes, G., Dooley, L., O’Sullivan, D., Rolstadås, A. (eds.) Managing Collaborative R&D Projects, pp. 139–159. Springer, Cham (2021). https://doi.org/10.1007/978-3-030-61605-2_8
Amalia, N.V., Sutopo, W., Hisjam, M.: Technopreneurship & innovation system: a comparative analysis for batik wastewater treatment equipment technology development in Indonesia. In: 3rd International Conference on Engineering and Information Technology for Sustainable Industry (ICONETSI), pp.1–6. ACM International Conference Proceeding Series, Indonesia (2020). https://doi.org/10.1145/3429789.3429863
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CEPAL: Compilación de estadísticas de cuentas nacionales, balanza de pagos y comercio exterior en el marco de la emergencia sanitaria de la enfermedad por coronavirus (COVID-19). https://www.cepal.org/es/publicaciones/45666-compilacion-estadisticas-cuentas-nacionales-balanza-pagos-comercio-exterior. Accessed 16 Sept 2021
CEPAL: Mipymes en América Latina: un frágil desempeño y nuevos desafíos para las políticas de foment. https://www.cepal.org/es/publicaciones/44148-mipymes-america-latina-un-fragil-desempeno-nuevos-desafios-politicas-fomento. Accessed 16 Sept 2021
CEPAL: Sectors and businesses facing COVID-19: emergency and reactivation. https://repositorio.cepal.org/bitstream/handle/11362/45736/5/S2000437_en.pdf. Accessed 16 Sept 2021
Chatterjee, S., Chaudhuri, R.: Supply chain sustainability during turbulent environment: examining the role of firm capabilities and government regulation. Oper. Manag. Res., 1–15 (2021). https://doi.org/10.1007/s12063-021-00203-1
Fernández, S., Torrecillas, C., Labra, R.E.: Drivers of eco-innovation in developing countries: the case of Chilean firms. Technol. Forecast. Soc. Change 170, 1–18 (2021). https://doi.org/10.1016/j.techfore.2021.120902
Ferreira, J.J.M., Teixeira, S.J., Rammal, H.G.: Technological Innovation and International Competitiveness for Business Growth: Challenges and Opportunities, 1st edn. Palgrave Macmillan, London (2021)
Ganlin, P., Qamruzzaman, M.D., Mehta, A.M., Naqvi, F.N., Karim, S.: Innovative finance, technological adaptation and SMEs sustainability: the mediating role of government support during covid-19 pandemic. Sustainability (Switzerland) 13(16), 1–27 (2021). https://doi.org/10.3390/su13169218
García Ortiz, P.A., Calderón García, H., Fayos Gardó, T., Roa Vivas, N.: Dynamic marketing capabilities as drivers of international channel integration: is this true for Latin American SMEs? Qual. Market Res. 24(5), 653–682 (2021). https://doi.org/10.1108/QMR-01-2021-0007
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Hervas-Oliver, J., Parrilli, M.D., Sempere-Ripoll, F.: SME modes of innovation in European catching-up countries: the impact of STI and DUI drivers on technological innovation. Technol. Forecast. Soc. Change 173, 1–11 (2021). https://doi.org/10.1016/j.techfore.2021.121167.
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Kolbe, D., Frasquet, M., Calderon, H.: The role of market orientation and innovation capability in export performance of small- and medium-sized enterprises: a Latin American perspective. Multinational Bus. Rev. (2021). Ahead-of-print. https://doi.org/10.1108/MBR-10-2020-0202
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spelling Pozzo, DaniellePorras-Paez, Andrea 2022-07-08T13:13:06Z2022-07-08T13:13:06Z2022-04-03Pozzo, D.N., Porras-Paez, A. (2022). Drivers of Technological Innovation in SMEs During Covid-19 Times: An Analysis in the Caribbean Region Using ICONOS Program Database. In: Fan, S., Ilk, N., Shan, Z., Zhao, K. (eds) From Grand Challenges to Great Solutions: Digital Transformation in the Age of COVID-19. WeB 2021. Lecture Notes in Business Information Processing, vol 443. Springer, Cham. https://doi.org/10.1007/978-3-031-04126-6_1978-3-031-04125-9https://hdl.handle.net/11323/9353https://doi.org/10.1007/978-3-031-04126-6_110.1007/978-3-031-04126-6_1Corporación Universidad de la CostaREDICUC - Repositorio CUChttps://repositorio.cuc.edu.co/978-3-031-04126-6Technological innovation is still a challenge for SMEs in emerging countries, mainly due to the lack of financial, structural, capital, and proper managerial resources. Covid-19 presented a scenario that increased difficulties for companies, especially of this kind, and at the same time presented a necessity-driven impulse to look for innovative solutions. This study aimed to analyze the drivers of technological innovations of SMEs of the Caribbean Region, during what was considered locally the most critical period of covid-19 pandemic. Data was obtained from ICONOS program, a local government initiative that support the systemic development of innovations and support to consolidate organizational and regional competitive advantage. A sample of 28 innovation projects – in which 11 are already active and functional - was considered, using coding to establish the main relations and topics emerging from the different proposals. Results show covid-19 was considered both as an antecedent and as a parameter for market orientation, suggesting a rapid response from these companies when facing economic and social changes. Healthcare, education, and agriculture were found as key sectors. Potential competitive advantages were designed on three major aspects: usability, accessibility, and sustainability. The majority of the cases presented a market pull innovation flow, predominantly focusing on covid-19 related needs and consequent solutions.1 páginaapplication/pdfengSpringer VerlagGermanyFrom grand challenges to great solutions: digital transformation in the age of COVID-19;Lecture Notes in Business Information ProcessingACOPI: Realización de la fase de cofinanciación en el marco del proyecto: implementación de un programa de cofinanciación de proyectos de I+D+I en pymes de sectores estratégicos en el departamento del Atlántico. http://iconosatlantico.com/wp-content/uploads/2020/03/TDR-DEFINITIVOS-ICONOS-02.03.20.pdf. Accessed 10 Aug 2020ACOPI: Publicación de resultados definitivos de la evaluación técnica. http://iconosatlantico.com/wp-content/uploads/2020/06/LISTADO-DEFINITIVO-DE-ELEGIBLES-EVALTEC-1.pdf. Accessed 10 Aug 2020Adam, N.A., Alarifi, G.: Innovation practices for survival of small and medium enterprises (SMEs) in the COVID-19 times: the role of external support. J. Innov. Entrepreneurship 10(1), 1–22 (2021). https://doi.org/10.1186/s13731-021-00156-6Akinremi, T., Roper, S.: The collaboration paradox: why small firms fail to collaborate for innovation. In: Fernandes, G., Dooley, L., O’Sullivan, D., Rolstadås, A. (eds.) Managing Collaborative R&D Projects, pp. 139–159. Springer, Cham (2021). https://doi.org/10.1007/978-3-030-61605-2_8Amalia, N.V., Sutopo, W., Hisjam, M.: Technopreneurship & innovation system: a comparative analysis for batik wastewater treatment equipment technology development in Indonesia. 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