Complementarity Among Innovation Strategies: Evidence from Colombia

Bogliacino, F. and Naranjo R., A.J. (2013). Complementarity among innovation strategies: evidence from Colombia. Suma de Negocios, 4(2), 13-20.

8 Pages Posted: 21 Aug 2017

See all articles by Francesco Bogliacino

Francesco Bogliacino

National University of Colombia - Department of Economics

Alberto J. Naranjo

Universidad de la Sabana

Date Written: December 2, 2013

Abstract

English Abstract: Using Innovation Survey Data from Colombia, we apply a new methodology to assess complementarity relationships among different innovative inputs. This approach allows scholars to prevent serious data drawbacks, such as the lack of proper performance measures and is also fairly general, allowing cross equations restrictions. Empirically, we found evidence for the absorptive capacity hypothesis and the key role played by ICT.

Spanish Abstract: A partir de los datos de la Encuesta de Innovación de Colombia, se aplicó una nueva metodología para evaluar las relaciones de complementariedad entre los distintos “inputs’’ innovativos. Este enfoque permite a los académicos evitar graves inconvenientes en los datos, tales como la falta de medidas para un desempeño adecuado y además es bastante general, permitiendo cruzar las restricciones de las ecuaciones . Empíricamente, encontramos evidencias para la hipotesis de la capacidad absortiva y del papel fundamental que desempeñan las TIC.

Keywords: Innovation, Innovation Survey, Latin America, Complementarity

JEL Classification: O31, O32, O33, O34, O35, O38

Suggested Citation

Bogliacino, Francesco and Naranjo, Alberto J., Complementarity Among Innovation Strategies: Evidence from Colombia (December 2, 2013). Bogliacino, F. and Naranjo R., A.J. (2013). Complementarity among innovation strategies: evidence from Colombia. Suma de Negocios, 4(2), 13-20. , Available at SSRN: https://ssrn.com/abstract=3020247

Francesco Bogliacino (Contact Author)

National University of Colombia - Department of Economics ( email )

Carrera 30 Calle 45 Ciudad Universitaria
Bogotá
Colombia

Alberto J. Naranjo

Universidad de la Sabana ( email )

Campus Universitario del Puente del Común, Km. 7
Bogota, Cundinamarca A.A.140122
Colombia

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