Evaluating the Effects of Information Sources on Innovation Outcomes: Are There Differences between KIBS and Manufacturing Firms from a Latin America Country
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Show full item recordEditorial
Springer Nature
Materia
Sources of information Innovation outcomes KIBS Manufacturers Peru
Date
2023-03-25Referencia bibliográfica
Moya-Fernández, P.J., Seclen-Luna, J.P. Evaluating the Effects of Information Sources on Innovation Outcomes: Are There Differences between KIBS and Manufacturing Firms from a Latin America Country?. J Knowl Econ (2023).`[ https://doi.org/10.1007/s13132-023-01305-w]
Abstract
The aim of this paper is analysing the relationships between sources (internal/
external) of information and innovation outcomes (product, service and process) in
Peruvian companies. Furthermore, we explore differences and similarities in these
relationships when comparing manufacturing firms and knowledge-intensive business
services (KIBS) firms. This study presents evidence based on the application of a
logit model to a sample of 1141 Peruvian companies, comprising 830 manufacturing
firms and 311 KIBS firms. Despite the fact that Peruvian companies do not tend to
turn to external sources of information or invest in internal R&D activities, we find
positive relationships between sources of information and innovation outcomes in
both manufacturing firms and KIBS firms—predominantly process innovation in both
cases, followed by product (goods) innovation for manufacturing firms and service
innovation for KIBS. Our findings indicate that not all external sources of information
have positive effects on product, service and process innovation. Thus, managers
should consider proper management of the company’s external relations in order
to take advantage of these relationships. Moreover, policymakers should promote
interrelationships between the actors in the innovation system (e.g., companies,
research centres, universities, etc.) thereby generating opportunities for innovation.
This paper provides evidence that the configuration of sources of information
(especially internal R&D) plays a significant role in innovation outcomes in both
manufacturing firms and KIBS firms, specifically in the context of Latin American
countries.