The Influence of Innovation on Micro, Small and Medium Sized Enterprises in Colombia

This paper studies the influence of innovation on Micro, Small and Medium Sized Enterprises (MSME) performance in Colombia through the 403-MSMES-survey analysis. In particular, this paper measures the effect of participation in R&D alliances, product innovation, and process innovation on it. MSME performance is measured through a composite index, estimated through Principal Components Analysis -PCA- using polychoric correlations, which is based on eight self-reported assessments of MSME performance. Then, this measure of performance is related to 1) MSME participation in R&D alliances, and 2) the product and process development stance of the MSME based on an adaptation of the Miles and Snow business classification scheme, by means of an ANOVA and a linear regression. Colombian SME's are not significantly benefitted from participation on R&D alliances. Instead, their performance appears to be dependent upon their internal innovation efforts directed to product development. Moreover, the results suggest that imitators get a performance almost as high as innovators. Keywords Innovation, MSME performance, product and process innovation, alliances, ANOVA.

• Autores: Restrepo Morales, Jorge Anibal; Vanegas López, Juan Gabriel
• Tipo de recurso: Conferencia (Ponencia)
• Fecha de publicación: 2019
• Institución: Tecnológico de Antioquia
• Repositorio: Repositorio Tdea
• Idioma: eng
• OAI Identifier: oai:dspace.tdea.edu.co:tdea/2977
• Acceso en línea: https://dspace.tdea.edu.co/handle/tdea/2977
• Palabra clave: Innovation; Inovação; Innovación; Aliança; ANOVA; MSME performance; Desempeño MIPYME; Análisis de Varianza; Variance analysis; Analyse de variance; Análise de variância; Alliances; Alianza
• Rights: closedAccess
• License: http://purl.org/coar/access_right/c_14cb