International Institute on Innovation, IT Management and Entrepreneurship. Services on business models, ecosystems, digital transformation efforts.

15 January 2019 | Posted by Innova Institute

Paper publication

See the latest publication of Javier Fernando Del Carpio-Gallegos, Dean of the Engineering Faculty at ESAN University and Francesc Miralles, Academic Dean at Innova Institute, La Salle – Ramon Llull University.

Impact of external sources of knowledge on product innovation among low and medium-low technology intensive companies

Abstract

Despite their limitations, small and medium-sized companies with low and medium low technology intensiveness set themselves the challenge of improving their innovation capacity. Therefore, a probit model is proposed to study whether there is a positive effect of their external sources of market and technological knowledge on their ability to innovate in products. A sample of 826 companies listed in the National Poll on Innovation of Peru were examined. The results confirm a positive effect of external sources of knowledge, which favors the innovation of their products. These findings can help agencies promoting innovation to better focus policies to address the needs of small and medium enterprises in emerging economies

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