Innovation Efforts in the Face of Institutional Obstacles in Latin America

Costa, Priscila Rezende da; Bittencourt, Vitor da Silva; Falaster, Christian; Carvalho, Luísa Cagica; Pigola, Angélica

doi:10.18488/journal.62.2021.82.100.118

Cited by 1 publication

(4 citation statements)

References 32 publications

(73 reference statements)

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“…There is theoretical support that internationalization efforts moderate the relationship between R&D investment and innovation outputs. Furthermore, it is established that such internationalization initiatives have a direct and favorable impact on the exertion of innovation, as evidenced by scholarly works such as Cho and Lee (2018), Costa et al (2021), andSukaatmadja et al (2021). In light of these findings, we hereby suggest the following hypothesis:…”

Section: Theoretical Frameworkmentioning

confidence: 68%

“…Thus, with a view to RBV, the increase in knowledge, through R&D investment, favors the construction of innovation outputs and the creation of competitive advantage (Barney, 1991;Martínez-Sánchez et al, 2020). Along the same lines is the assessment by Costa et al (2021), in which companies can create resources through R&D investment and innovation outputs.…”

Section: Discussionmentioning

confidence: 99%

“…The available resources provide ample opportunities for companies to identify and explore opportunities that arise from development and investment, improving their performance (Brown et al, 2009;Hardy & Sever, 2021). As a result, companies can create them through R&D investments and innovation outputs (Costa et al, 2021;Drnevich & Kriauciunas, 2011). In this way, we propose hypothese: H1: R&D investment positively influence the innovation outputs of SMEs in Latin America.…”

Section: Theoretical Frameworkmentioning

confidence: 98%

“…Only process innovation involves six different functions of a company (OECD, 2018). In addition to this complexity, institutional obstacles such as corruption, political instability, the informality of competitors, taxes, and the workforce are serious or moderate obstacles to developing innovation outputs (Costa et al, 2021). This work highlights the fact that the inclusion of internationalization efforts in the model contributes to a better understanding of innovation outputs, with this model explaining 17% of innovation outputs (R 2 = .1705; p = < .001).…”

Section: H2: [Confirmed] Internationalization Efforts Moderate the Re...mentioning

confidence: 99%

See 3 more Smart Citations

Internationalization moderating the relationship between investment and innovation in small businesses in Latin America

Santos,

Costa,

Arantes

et al. 2024

REGEPE Entrep. Small Bus. J.

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Objective: This paper's main objective was to examine the extent to which internationalization efforts moderate the relationship between investments in research and development (R&D) and innovation outputs taken by small businesses, that is, small and medium-sized enterprises - SMEs. Methodology: The methodology used consisted of quantitative research with data from 10,621 SMEs, from 17 countries in Latin America. The present study involved factorial and regressive analysis as well. Main results: The results obtained led to the conclusion that internationalization efforts have a positive and statistically significant influence on innovation outputs, allowing SMEs in Latin American countries to increase their competitiveness through constructing or improving products, services, or processes. Theoretical contributions: At the end of the research, it was also concluded that R&D investments positively influence innovation outputs and that companies that invest in R&D and additionally employ internationalization efforts are more likely to present innovation. Relevance and originality: It was the first time that a study jointly and empirically evaluated the moderating effect of internationalization efforts on the relationship between investments in R&D and innovation outputs, totaling a sample of 10,621 SMEs. Managerial and social contributions: This study also contributed to the knowledge of Latin America, therefore, it is expected that a greater understanding of the barriers to the development of SMEs will be achieved, through the advancement of internationalization efforts, investment in R&D and innovation. In this way, the aim is to encourage academics and practitioners to search for solutions to break these barriers.

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Section: Theoretical Frameworkmentioning

confidence: 68%