Innovation, R&D Investment and Productivity in Chile

Roberto Alvarez, Claudio Bravo-Ortega and Lucas Navarro

No 4691, Research Department Publications from Inter-American Development Bank, Research Department

Abstract: This paper uses two sources of information and different methodologies to analyze the causal effect of product and process innovation on productivity in the Chilean manufacturing industry during the past decade. In general, the evidence suggests there is not a contemporaneous effect of product innovation on productivity, but there is a positive effect of process innovation. This notsignificant effect of product innovation contrasts with evidence of studies for other countries. However, the results show the presence of lagged effects product innovation on productivity two years after innovation. Compared with the case of developed countries, this evidence might be consistent with a very slow process of “learning by doing” on the part of Chilean firms with regard to mastering new technologies. These slow and frequently uncertain gains in productivity could help to explain the low levels of investment in research and development (R&D) activities by Chilean firms.

Keywords: Productivity; Innovation; Investment; Research and development; Chile (search for similar items in EconPapers)
JEL-codes: D22 D24 D92 (search for similar items in EconPapers)
Date: 2010-10
New Economics Papers: this item is included in nep-cse, nep-ino, nep-sbm and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
http://www.iadb.org/research/pub_hits.cfm?pub_id=I ... me=pubIDB-WP-190.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.iadb.org/research/pub_hits.cfm?pub_id=IDB-WP-190&pub_file_name=pubIDB-WP-190.pdf [301 Moved Permanently]--> https://www.iadb.org/research/pub_hits.cfm?pub_id=IDB-WP-190&pub_file_name=pubIDB-WP-190.pdf)

Related works:
Working Paper: Innovation, R&D Investment and Productivity in Chile (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:idb:wpaper:4691

Access Statistics for this paper

More papers in Research Department Publications from Inter-American Development Bank, Research Department Contact information at EDIRC.
Bibliographic data for series maintained by Felipe Herrera Library ().