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Determinants of process innovation introductions: Evidence from 115 developing countries
Author(s) -
Goel Rajeev K.,
Nelson Michael A.
Publication year - 2018
Publication title -
managerial and decision economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.288
H-Index - 51
eISSN - 1099-1468
pISSN - 0143-6570
DOI - 10.1002/mde.2922
Subject(s) - ceteris paribus , prosperity , language change , product (mathematics) , developing country , empirical evidence , economics , service (business) , business , process (computing) , industrial organization , economy , economic growth , microeconomics , epistemology , art , philosophy , geometry , literature , mathematics , computer science , operating system
This paper examines determinants of process innovation introductions across 115 (mostly) developing countries. Empirical research on process innovations lags behind product innovations. Accounting for firm characteristics, R&D, regulations and taxes, and corruption, results show that sole proprietors and R&D‐performing firms were more likely to introduce innovations, whereas greater prosperity made them less likely to do so. Corruption had a greasing effect, whereas firms in island nations were less likely to introduce, ceteris paribus. Effects of regulations and taxes and other firm characteristics were largely insignificant. Finally, some differences existed across manufacturing and service industries and across prevalence of innovation introductions.