Does firm innovation lead to high growth? Evidence from Ecuadorian firms

Diego F. Grijalva; Valeria Ayala; Paúl A. Ponce; Yelitza Pontón

doi:10.15446/cuad.econ.v37n75.68621

Does firm innovation lead to high growth? Evidence from Ecuadorian firms

Título traducido de la contribución: ¿La innovación empresarial conduce al alto crecimiento? Evidencia de empresas ecuatorianas

Diego F. Grijalva, Valeria Ayala, Paúl A. Ponce, Yelitza Pontón

Universidad San Francisco de Quito

Producción científica: Contribución a una revista › Artículo › revisión exhaustiva

5 Citas (Scopus)

Resumen

We analyze the determinants of: i) employment and sales growth, and ii) the likelihood of becoming a high-growth firm (HGF) among Ecuadorian firms for the period 2011-2014. We apply a two-stage econometric model that controls for selection bias in the choice to innovate in regards to the two rounds of the Ecuadorian National Innovation Activities Survey. We find that younger firms and firms that spend more on R & D activities per employee have significantly higher levels of employment growth and are significantly more like to become employment HGFs.

Título traducido de la contribución	¿La innovación empresarial conduce al alto crecimiento? Evidencia de empresas ecuatorianas
Idioma original	Inglés
Páginas (desde-hasta)	697-726
Número de páginas	30
Publicación	Cuadernos de Economia (Colombia)
Volumen	37
N.º	75
DOI	https://doi.org/10.15446/cuad.econ.v37n75.68621
Estado	Publicada - 2018

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title = "Does firm innovation lead to high growth? Evidence from Ecuadorian firms",

abstract = "We analyze the determinants of: i) employment and sales growth, and ii) the likelihood of becoming a high-growth firm (HGF) among Ecuadorian firms for the period 2011-2014. We apply a two-stage econometric model that controls for selection bias in the choice to innovate in regards to the two rounds of the Ecuadorian National Innovation Activities Survey. We find that younger firms and firms that spend more on R & D activities per employee have significantly higher levels of employment growth and are significantly more like to become employment HGFs.",

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author = "Grijalva, {Diego F.} and Valeria Ayala and Ponce, {Pa{\'u}l A.} and Yelitza Pont{\'o}n",

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doi = "10.15446/cuad.econ.v37n75.68621",

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AU - Grijalva, Diego F.

AU - Ayala, Valeria

AU - Ponce, Paúl A.

AU - Pontón, Yelitza

PY - 2018

Y1 - 2018

N2 - We analyze the determinants of: i) employment and sales growth, and ii) the likelihood of becoming a high-growth firm (HGF) among Ecuadorian firms for the period 2011-2014. We apply a two-stage econometric model that controls for selection bias in the choice to innovate in regards to the two rounds of the Ecuadorian National Innovation Activities Survey. We find that younger firms and firms that spend more on R & D activities per employee have significantly higher levels of employment growth and are significantly more like to become employment HGFs.

AB - We analyze the determinants of: i) employment and sales growth, and ii) the likelihood of becoming a high-growth firm (HGF) among Ecuadorian firms for the period 2011-2014. We apply a two-stage econometric model that controls for selection bias in the choice to innovate in regards to the two rounds of the Ecuadorian National Innovation Activities Survey. We find that younger firms and firms that spend more on R & D activities per employee have significantly higher levels of employment growth and are significantly more like to become employment HGFs.

KW - Creación de empleo

KW - Crecimiento empresarial

KW - Criação de empregos

KW - Croissance de l'entreprise

KW - Crétaion d'emploi

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KW - Empresas de alto crescimento

KW - Entrepreneurship

KW - Entreprises à forte croissance

KW - Esprit d'entreprise

KW - Espírito empreendedor

KW - Espíritu emprendedor

KW - Firm growth

KW - High-growth firms

KW - Innovación

KW - Innovation

KW - Inovação

KW - Job creation

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Does firm innovation lead to high growth? Evidence from Ecuadorian firms

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