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An analysis of innovation in textile companies: An efficiency approach
Author(s) -
Puertas Medina Rosa,
Martí Selva M. Luisa,
Calafat Marzal Consuelo
Publication year - 2020
Publication title -
bulletin of economic research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.227
H-Index - 29
eISSN - 1467-8586
pISSN - 0307-3378
DOI - 10.1111/boer.12210
Subject(s) - textile , order (exchange) , industrial organization , contingency , process (computing) , economics , business , computer science , finance , linguistics , philosophy , archaeology , history , operating system
The elimination of trade contingency measures in 2005 triggered a process of renewal in the textile sector, requiring major investments. The divide between efficiency and innovation has become an issue of major importance for decision‐making in the Spanish textile sector. This study provides quantitative data on the efficiency levels of innovative Spanish textile companies. The aim is to identify their distinguishing features and establish a possible pattern to follow. In addition, truncated regression is used to estimate the determinants of efficiency, in order to check the significance of innovation processes for firms.