| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5084404 | International Review of Financial Analysis | 2017 | 11 Pages |
Abstract
Based on information for Argentina, Colombia, Chile, Mexico, and Peru for 2010, firm size, firm age, financial constraints, and funding sources appear as the main drivers of innovation in Latin American countries. The figures also show that over 60% of the sampled firms displayed a very low or non-existent innovation level. A pending strategic task in Latin America is to increase both the R&D expenditure/GDP ratio and patent activities, and to attract highly-qualified researchers to industry.
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Authors
Viviana Fernandez,