Effects of informal competition on innovation performance: the case of pacific alliance
This study evaluates the impact of informal competition on the innovation performance of formal firms in emerging economies. A theoretical model under the strategy tripod framework is proposed. It analyzes the effects of Institutional factors as the quality of governance and market labor rigidities...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
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Universidad Alberto Hurtado
2017-12-01
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Series: | Journal of Technology Management & Innovation |
Subjects: | |
Online Access: | https://www.jotmi.org/index.php/GT/article/view/2616 |
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author | Jorge Heredia Alejandro Flores Cristian Geldes Walter Heredia |
author_facet | Jorge Heredia Alejandro Flores Cristian Geldes Walter Heredia |
author_sort | Jorge Heredia |
collection | DOAJ |
description | This study evaluates the impact of informal competition on the innovation performance of formal firms in emerging economies. A theoretical model under the strategy tripod framework is proposed. It analyzes the effects of Institutional factors as the quality of governance and market labor rigidities on innovation performance, and the mediating effect of informal competition. It is used the Causal Mediation Analysis with data from 3,268 companies from the World Bank Enterprise Survey from countries of the Pacific Alliance (Chile, Colombia, Mexico, and Peru). The results state that informal competition has a negative effect on the innovation performance of formal companies. Based on these findings, It is suggested some promising avenues for future research and managerial implications. |
first_indexed | 2024-12-17T03:53:09Z |
format | Article |
id | doaj.art-29767cadef76450887ff09a78ba5e9fb |
institution | Directory Open Access Journal |
issn | 0718-2724 |
language | English |
last_indexed | 2024-12-17T03:53:09Z |
publishDate | 2017-12-01 |
publisher | Universidad Alberto Hurtado |
record_format | Article |
series | Journal of Technology Management & Innovation |
spelling | doaj.art-29767cadef76450887ff09a78ba5e9fb2022-12-21T22:04:42ZengUniversidad Alberto HurtadoJournal of Technology Management & Innovation0718-27242017-12-0112410.4067/S0718-272420170004000031089Effects of informal competition on innovation performance: the case of pacific allianceJorge Heredia0Alejandro Flores1Cristian Geldes2Walter Heredia3Business School, Universidad del Pacífico. LimaBusiness School, Universidad del Pacífico. LimaFacultad de Economía y Negocios, Universidad Alberto HurtadoBusiness School, Universidad del Pacífico. LimaThis study evaluates the impact of informal competition on the innovation performance of formal firms in emerging economies. A theoretical model under the strategy tripod framework is proposed. It analyzes the effects of Institutional factors as the quality of governance and market labor rigidities on innovation performance, and the mediating effect of informal competition. It is used the Causal Mediation Analysis with data from 3,268 companies from the World Bank Enterprise Survey from countries of the Pacific Alliance (Chile, Colombia, Mexico, and Peru). The results state that informal competition has a negative effect on the innovation performance of formal companies. Based on these findings, It is suggested some promising avenues for future research and managerial implications.https://www.jotmi.org/index.php/GT/article/view/2616Informal competitioninnovation performanceemerging economiesPacific Alliance. |
spellingShingle | Jorge Heredia Alejandro Flores Cristian Geldes Walter Heredia Effects of informal competition on innovation performance: the case of pacific alliance Journal of Technology Management & Innovation Informal competition innovation performance emerging economies Pacific Alliance. |
title | Effects of informal competition on innovation performance: the case of pacific alliance |
title_full | Effects of informal competition on innovation performance: the case of pacific alliance |
title_fullStr | Effects of informal competition on innovation performance: the case of pacific alliance |
title_full_unstemmed | Effects of informal competition on innovation performance: the case of pacific alliance |
title_short | Effects of informal competition on innovation performance: the case of pacific alliance |
title_sort | effects of informal competition on innovation performance the case of pacific alliance |
topic | Informal competition innovation performance emerging economies Pacific Alliance. |
url | https://www.jotmi.org/index.php/GT/article/view/2616 |
work_keys_str_mv | AT jorgeheredia effectsofinformalcompetitiononinnovationperformancethecaseofpacificalliance AT alejandroflores effectsofinformalcompetitiononinnovationperformancethecaseofpacificalliance AT cristiangeldes effectsofinformalcompetitiononinnovationperformancethecaseofpacificalliance AT walterheredia effectsofinformalcompetitiononinnovationperformancethecaseofpacificalliance |