Innovation in the Automotive Sector of the Philippines
Francis Mark A. Author_Email: email@example.com Quimba and
Maureen Ane D. Author_Email: firstname.lastname@example.org Rosellon
No DP 2011-17, Discussion Papers from Philippine Institute for Development Studies
The performance of the Philippine automotive industry has steadily improved after the Asian crisis. However, relative to the performance of the automotive industry in other countries, the automotive sector in the country has languished. To understand the challenges being faced by the automotive assemblers, as well as parts and components manufacturers, the innovation capability and activities of selected establishments are analyzed following the framework developed by Bessant. This paper finds that despite having an awareness of the importance of technology and upgrading, some of the automotive firms are not able to translate this awareness into other technology activities.
Keywords: Philippines; automotive industry; reserve currency; innovation activities (search for similar items in EconPapers)
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