Competition, R&D and innovation in Chilean firms

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dc.catalogadorjwg
dc.contributor.authorMontegu, Jose Pablo
dc.contributor.authorCalvo, Carolina
dc.contributor.authorPertuze Salas, Julio Alberto
dc.date.accessioned2024-05-30T17:18:03Z
dc.date.available2024-05-30T17:18:03Z
dc.date.issued2019
dc.description.abstractPurpose The purpose of this paper is to analyze the effect of competition on both innovation inputs and outputs in Chilean firms. More specifically, the authors investigate whether there is an inverted-U relationship at different stages of the innovation process. Design/methodology/approach The sample covers 1,347 firms that responded to both the 4th Chilean Longitudinal Enterprise Survey and the 10th Chilean Innovation Survey. The CDM model (Crepon et al., 1998) is applied to correct for selectivity bias and endogeneity. Competition is proxied by measures of market concentration. The robustness of the results is checked using four alternative indicators. Findings The results strongly suggest that competition and both R&D and innovation intensities are linked by an inverted U-shaped curve. The estimated effects of competition on innovation output and labor productivity are rather ambiguous. Thus, market structure would be influencing the firms' incentives to innovate, but not necessarily their innovation performance. Research limitations/implications - The model is based on cross-sectional data, hampering the possibility to control for unobserved heterogeneity. Competitive pressures from potential entrants and foreign markets are not captured in the analysis. Practical implications - Moderate levels of competition would be the optimal market structure in terms of promotingmore business R&D and innovation spending. Originality/value A previously unutilized data set covering the whole economy is used. Estimations are executed at three different stages of the innovation process. Two types of innovation input and four types of innovation output are taken into account.
dc.fechaingreso.objetodigital2025-03-13
dc.fuente.origenConveris
dc.identifier.doi10.1108/MRJIAM-11-2018-0888
dc.identifier.eissn1558-0946
dc.identifier.issn1536-5433
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/86090
dc.identifier.wosidWOS:000490181500003
dc.information.autorucEscuela de Ingeniería; Pertuze Salas, Julio Alberto; 0000-0002-3565-3672; 16896
dc.issue.numero4
dc.language.isoen
dc.nota.accesocontenido parcial
dc.pagina.final403
dc.pagina.inicio379
dc.revistaMANAG RES
dc.rightsacceso restringido
dc.subject.ddc650
dc.subject.deweyAdministraciónes_ES
dc.subject.ods09 Industry, innovation and infrastructure
dc.subject.odspa09 Industria, innovación e infraestructura
dc.titleCompetition, R&D and innovation in Chilean firms
dc.typeartículo
dc.volumen17
sipa.codpersvinculados48571
sipa.codpersvinculados16896
sipa.trazabilidadORCID;2024-05-30
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