Relationship between innovative activities and business results

José Luis Ramos Ruiz
José Luis Polo Otero
Aquiles Arrieta Barcasnegras
Andrea González Fernández


DOI: http://dx.doi.org/10.15665/rde.v15i1.1246

Abstract


This paper seeks to study the relationship between R&D, innovation results and business results in the food and beverage industry of Colombia. On the basis of the theoretical model of Gómez (2009), a binomial probit with selection and a multivariate probit model in two phases was estimated. The results show that R&D investment is significant to explain product innovation, but it´s not decisive for process innovation, in line with the tendencies of the sector. On the other hand, the joint probability of performing R&D and both types of technological innovation positively affects the probability of achieving sales of innovative products in the domestic market and the probability to export. However, the marginal probability of advancing process innovation has no significance on sales of novel products.

Este trabajo busca estudiar la relación entre I+D, resultados de innovación y empresariales en el sector de alimentos y bebidas de Colombia. Sobre la base del modelo teórico de Gómez (2009), se estimó un probit binomial con selección y un probit multivariado en dos fases. Los resultados muestran que el gasto en I+D es significativo para explicar las innovaciones en producto, pero no es determinante para la innovación en proceso, en línea con las tendencias del sector. Por su parte, la probabilidad conjunta de realizar I+D y ambos tipos de innovación tecnológica incide positivamente sobre la probabilidad de lograr ventas de productos innovadores en el mercado nacional y la probabilidad de exportar (resultados empresariales). Sin embargo, la probabilidad marginal de adelantar innovación en procesos, no tiene significancia sobre las ventas de productos novedosos, lo cual no coincide con los preceptos teóricos estudiados al respecto.

Este artigo procura estudar a relação entre P & D, resultados de inovação e resultados comerciais na indústria de alimentos e bebidas da Colômbia. Com base no modelo teórico de Gómez (2009), foi estimado um probit binomial com seleção e um modelo probit multivariante em duas fases. Os resultados mostram que o investimento em I & D é significativo para explicar a inovação de produtos, mas não é decisivo para a inovação de processos, de acordo com as tendências do setor. Por outro lado, a probabilidade conjunta de realizar R & D e os dois tipos de inovação tecnológica afetam positivamente a probabilidade de alcançar vendas de produtos inovadores no mercado interno e a probabilidade de exportar. No entanto, a probabilidade marginal de avançar a inovação do processo não tem significado nas vendas de produtos novos.


Keywords


R&D, Technological innovation, bussiness results // I+D, innovación tecnológica, resultados empresariales // P & D, inovação tecnológica, resultados comerciais

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References


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