Economía del conocimiento y financiarización: tendencias en inversiones corporativas en I+D en un contexto geográfico

ilustraciones, gráficas, tablas

Autores:
Salazar Guatibonza, Flor Esther
Tipo de recurso:
Doctoral thesis
Fecha de publicación:
2021
Institución:
Universidad Nacional de Colombia
Repositorio:
Universidad Nacional de Colombia
Idioma:
spa
OAI Identifier:
oai:repositorio.unal.edu.co:unal/80509
Acceso en línea:
https://repositorio.unal.edu.co/handle/unal/80509
https://repositorio.unal.edu.co/
Palabra clave:
330 - Economía
Financiación
Mercado financiero
Investigación y desarrollo
Financing
Financial market
Financiarización
inversión
investigación y desarrollo
Valor para accionista
Financiarización de corporaciones no financieras
Recompra de acciones
Financialization
Investment
Research and development
Shareholder value
Financialization non financial corporations
Investigation and development
Rights
openAccess
License
Atribución-NoComercial-SinDerivadas 4.0 Internacional
id UNACIONAL2_1ab2ef5a34d3af850aae828809988781
oai_identifier_str oai:repositorio.unal.edu.co:unal/80509
network_acronym_str UNACIONAL2
network_name_str Universidad Nacional de Colombia
repository_id_str
dc.title.spa.fl_str_mv Economía del conocimiento y financiarización: tendencias en inversiones corporativas en I+D en un contexto geográfico
dc.title.translated.eng.fl_str_mv Knowledge economy and financialization: trends in corporate investments in R&D in a geographic context
title Economía del conocimiento y financiarización: tendencias en inversiones corporativas en I+D en un contexto geográfico
spellingShingle Economía del conocimiento y financiarización: tendencias en inversiones corporativas en I+D en un contexto geográfico
330 - Economía
Financiación
Mercado financiero
Investigación y desarrollo
Financing
Financial market
Financiarización
inversión
investigación y desarrollo
Valor para accionista
Financiarización de corporaciones no financieras
Recompra de acciones
Financialization
Investment
Research and development
Shareholder value
Financialization non financial corporations
Investigation and development
title_short Economía del conocimiento y financiarización: tendencias en inversiones corporativas en I+D en un contexto geográfico
title_full Economía del conocimiento y financiarización: tendencias en inversiones corporativas en I+D en un contexto geográfico
title_fullStr Economía del conocimiento y financiarización: tendencias en inversiones corporativas en I+D en un contexto geográfico
title_full_unstemmed Economía del conocimiento y financiarización: tendencias en inversiones corporativas en I+D en un contexto geográfico
title_sort Economía del conocimiento y financiarización: tendencias en inversiones corporativas en I+D en un contexto geográfico
dc.creator.fl_str_mv Salazar Guatibonza, Flor Esther
dc.contributor.advisor.none.fl_str_mv Giraldo, Cesar Augusto
Acosta Losada, Orlando
dc.contributor.author.none.fl_str_mv Salazar Guatibonza, Flor Esther
dc.contributor.researchgroup.spa.fl_str_mv Grupo de Socioeconomía, Instituciones y Desarrollo
dc.subject.ddc.spa.fl_str_mv 330 - Economía
topic 330 - Economía
Financiación
Mercado financiero
Investigación y desarrollo
Financing
Financial market
Financiarización
inversión
investigación y desarrollo
Valor para accionista
Financiarización de corporaciones no financieras
Recompra de acciones
Financialization
Investment
Research and development
Shareholder value
Financialization non financial corporations
Investigation and development
dc.subject.ocde.spa.fl_str_mv Financiación
Mercado financiero
Investigación y desarrollo
dc.subject.ocde.eng.fl_str_mv Financing
Financial market
dc.subject.proposal.spa.fl_str_mv Financiarización
inversión
investigación y desarrollo
Valor para accionista
Financiarización de corporaciones no financieras
Recompra de acciones
dc.subject.proposal.eng.fl_str_mv Financialization
Investment
Research and development
Shareholder value
Financialization non financial corporations
dc.subject.unesco.eng.fl_str_mv Investigation and development
description ilustraciones, gráficas, tablas
publishDate 2021
dc.date.accessioned.none.fl_str_mv 2021-10-12T14:46:48Z
dc.date.available.none.fl_str_mv 2021-10-12T14:46:48Z
dc.date.issued.none.fl_str_mv 2021-10-08
dc.type.spa.fl_str_mv Trabajo de grado - Doctorado
dc.type.driver.spa.fl_str_mv info:eu-repo/semantics/doctoralThesis
dc.type.version.spa.fl_str_mv info:eu-repo/semantics/acceptedVersion
dc.type.coar.spa.fl_str_mv http://purl.org/coar/resource_type/c_db06
dc.type.content.spa.fl_str_mv Text
dc.type.redcol.spa.fl_str_mv http://purl.org/redcol/resource_type/TD
format http://purl.org/coar/resource_type/c_db06
status_str acceptedVersion
dc.identifier.uri.none.fl_str_mv https://repositorio.unal.edu.co/handle/unal/80509
dc.identifier.instname.spa.fl_str_mv Universidad Nacional de Colombia
dc.identifier.reponame.spa.fl_str_mv Repositorio Institucional Universidad Nacional de Colombia
dc.identifier.repourl.spa.fl_str_mv https://repositorio.unal.edu.co/
url https://repositorio.unal.edu.co/handle/unal/80509
https://repositorio.unal.edu.co/
identifier_str_mv Universidad Nacional de Colombia
Repositorio Institucional Universidad Nacional de Colombia
dc.language.iso.spa.fl_str_mv spa
language spa
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spelling Atribución-NoComercial-SinDerivadas 4.0 InternacionalDerechos reservados al autor, 2021http://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Giraldo, Cesar Augusto71655101135396b736a69a646fc96a71Acosta Losada, Orlando5619602ba505a71f9dae2a3abba1a96aSalazar Guatibonza, Flor Estherb405f665e95ca25cc5d1033d2ee92964Grupo de Socioeconomía, Instituciones y Desarrollo2021-10-12T14:46:48Z2021-10-12T14:46:48Z2021-10-08https://repositorio.unal.edu.co/handle/unal/80509Universidad Nacional de ColombiaRepositorio Institucional Universidad Nacional de Colombiahttps://repositorio.unal.edu.co/ilustraciones, gráficas, tablasLa literatura sobre la financiarización de grandes empresas atribuye a esta tendencia efectos negativos sobre la inversión evidenciada en una caída en la acumulación de capital. Considerando que en empresas de alta tecnología, bajo el concepto de economías basadas en conocimiento, un tipo de inversión relevante es la relacionada con Investigación y desarrollo (I&D), este trabajo investigó la relación entre financiarización de corporaciones no financieras (FCNF) y la inversión I&D. En esta investigación se encontraron algunos hechos que aportan a la discusión sobre la noción de financiarizacion de grandes corporaciones que en algunos sentidos difieren de lo planteado en la literatura empírica precedente. Los hallazgos incluyen la identificación de una tendencia a la caída en la inversión en capital fijo pero no en inversiones en I&D, una concentración de pagos a accionistas y de inversiones en I&D en grandes empresas a la vez que estas se tornan menos intensivas en inversiones mostrando un creciente endeudamiento con un cambio en las estructuras de financiamiento a favor de la deuda. Paralelamente a esta tendencia, junto con el mantenimiento de activos financieros, lo que se encuentra como rasgo distintivo es una creciente participación de intangibles en la estructura de activos de las empresas. Asi mismo, no se encuentra evidencia de mayores rentas financieras en la composición de rentas empresariales. Respecto a estos hechos se analiza cómo pueden estar inmersos en una dinámica donde el reforzamiento de activos financieros e intangibles contribuyen con cada vez mayor poder de monopolio y concentración de rentas en un contexto donde el conocimiento es la principal fuente de creación de valor. También se discute que el capitalismo financiarizado y globalizado ha encontrado apoyo en la desregulación del sistema financiero, de los flujos de capital transfronterizos y el fortalecimiento de la flexibilidad laboral, lo cual ha sido señalado por la literatura como factor determinante en la profundización de la inequidad. (Texto tomado de la fuente)The literature on financialization of large companies points to this trend as a source of negative effects on investment evidenced by a decline in capital accumulation. Considering high-tech companies within the concept of knowledge-based economies, investment in research and development (R&D) is an essential factor in this work, the relationship between financialization of non-financial corporations (FNFC) and R&D investment was investigated. In this research, some facts were identified that contribute to the discussion on the notion about the financialization of large corporations and that in some ways differ from those raised in previous empirical literature. The findings of this research include the identification of a trend toward a decline in fixed capital investment but not in R&D investments. Likewise, a concentration of payments to shareholders and investments in R&D in large companies is observed, at the same time that these companies become less intensive in R&D investments, showing a growing indebtedness and a change in their financial structures that is characterized by propensity towards indebtedness. Alongside this trend, a maintenance of financial assets is present, in which a distinctive feature is the growing trend towards the share of intangibles in the asset structure of companies. Furthermore, no evidence of higher financial rents was found in the composition of corporate income. The present work discusses how these events may be immersed in a dynamic where the strengthening of financial and intangible assets increasingly contributes to granting greater monopoly power and income concentration in a context where knowledge is the main source of value creation. It is also discussed that financialized and globalized capitalism has found support from State intervention to deregulate the financial system and cross-border capital flows and strengthen labor flexibilization, which has been emphasized by the literature as a determining factor in the deepening of inequality.DoctoradoDoctor en Ciencias EconómicasLa metodología para el desarrollo de la investigación se estructuró en dos componentes: el primero relacionado con la revisión de literatura relevante a efectos de la aproximación a los aspectos conceptuales y de estado del arte . El segundo componente tiene que ver con el uso, exploración y análisis de datos a partir de las bases de datos y fuentes consultadas, se hace uso de herramientas de componentes principales, clúster y estimación econométricaDesarrollo Económico285 páginasapplication/pdfspaUniversidad Nacional de ColombiaBogotá - Ciencias Económicas - Doctorado en Ciencias EconómicasEscuela de EconomíaFacultad de Ciencias EconómicasBogotá, ColombiaUniversidad Nacional de Colombia - Sede Bogotá330 - EconomíaFinanciaciónMercado financieroInvestigación y desarrolloFinancingFinancial marketFinanciarizacióninversióninvestigación y desarrolloValor para accionistaFinanciarización de corporaciones no financierasRecompra de accionesFinancializationInvestmentResearch and developmentShareholder valueFinancialization non financial corporationsInvestigation and developmentEconomía del conocimiento y financiarización: tendencias en inversiones corporativas en I+D en un contexto geográficoKnowledge economy and financialization: trends in corporate investments in R&D in a geographic contextTrabajo de grado - Doctoradoinfo:eu-repo/semantics/doctoralThesisinfo:eu-repo/semantics/acceptedVersionhttp://purl.org/coar/resource_type/c_db06Texthttp://purl.org/redcol/resource_type/TDAcs, Z. & Audretsch, D. 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