IMPACTO DEL AUTOFINANCIAMIENTO SOBRE LA INNOVACIÓN DE LAS MICRO, PEQUEÑAS Y MEDIANAS EMPRESAS COLOMBIANAS
Innovation is a dynamic capacity that generates sustainable competitive advantages and requires adequate financing for its development. The central objective of this paper is to determine and describe how the internal or self-financing influences on the innovation of micro,...
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Format: | Article |
Language: | English |
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Universidad Libre
2018-12-01
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Series: | Revista Criterio Libre |
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Online Access: | https://revistas.unilibre.edu.co/index.php/criteriolibre/article/view/5011/4280 |
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author | Edgar Julián Gálvez-Albarracín José Zacarías Mayorga Sánchez Ana Raquel Chávez Hernández |
author_facet | Edgar Julián Gálvez-Albarracín José Zacarías Mayorga Sánchez Ana Raquel Chávez Hernández |
author_sort | Edgar Julián Gálvez-Albarracín |
collection | DOAJ |
description | Innovation is a dynamic capacity that generates sustainable competitive advantages and requires adequate financing for its development. The central objective of this paper is to determine and describe how the internal or self-financing influences on the innovation of micro, small and medium enterprises (MSMEs) in Colombia. For this, a study was carried out with 1201 organizations established in nine cities of the country. The descriptive results show that Colombian MSMEs primarily use their own resources for their investments, and the inferential results obtained through linear regressions indicate that self-financing influences positively and significantly their overall innovation, as well as that of their products / services, production processes and management. The findings of this research are important for employers and their associations, for academia and for public and private entities that promote economic and business development |
first_indexed | 2024-12-12T12:21:35Z |
format | Article |
id | doaj.art-6a7c3a67eccb42ba9d023f63a3791a61 |
institution | Directory Open Access Journal |
issn | 1900-0642 2323-0886 |
language | English |
last_indexed | 2024-12-12T12:21:35Z |
publishDate | 2018-12-01 |
publisher | Universidad Libre |
record_format | Article |
series | Revista Criterio Libre |
spelling | doaj.art-6a7c3a67eccb42ba9d023f63a3791a612022-12-22T00:24:39ZengUniversidad LibreRevista Criterio Libre1900-06422323-08862018-12-011629121139https://doi.org/10.18041/1900-0642/criteriolibre.2018v16n29.5011IMPACTO DEL AUTOFINANCIAMIENTO SOBRE LA INNOVACIÓN DE LAS MICRO, PEQUEÑAS Y MEDIANAS EMPRESAS COLOMBIANASEdgar Julián Gálvez-Albarracín0José Zacarías Mayorga Sánchez1Ana Raquel Chávez Hernández2Universidad del Valle, Cali, ColombiaUniversidad Libre, Bogotá, ColombiaUniversidad Autónoma de AguascalientesInnovation is a dynamic capacity that generates sustainable competitive advantages and requires adequate financing for its development. The central objective of this paper is to determine and describe how the internal or self-financing influences on the innovation of micro, small and medium enterprises (MSMEs) in Colombia. For this, a study was carried out with 1201 organizations established in nine cities of the country. The descriptive results show that Colombian MSMEs primarily use their own resources for their investments, and the inferential results obtained through linear regressions indicate that self-financing influences positively and significantly their overall innovation, as well as that of their products / services, production processes and management. The findings of this research are important for employers and their associations, for academia and for public and private entities that promote economic and business developmenthttps://revistas.unilibre.edu.co/index.php/criteriolibre/article/view/5011/4280financinginnovationmsmes |
spellingShingle | Edgar Julián Gálvez-Albarracín José Zacarías Mayorga Sánchez Ana Raquel Chávez Hernández IMPACTO DEL AUTOFINANCIAMIENTO SOBRE LA INNOVACIÓN DE LAS MICRO, PEQUEÑAS Y MEDIANAS EMPRESAS COLOMBIANAS Revista Criterio Libre financing innovation msmes |
title | IMPACTO DEL AUTOFINANCIAMIENTO SOBRE LA INNOVACIÓN DE LAS MICRO, PEQUEÑAS Y MEDIANAS EMPRESAS COLOMBIANAS |
title_full | IMPACTO DEL AUTOFINANCIAMIENTO SOBRE LA INNOVACIÓN DE LAS MICRO, PEQUEÑAS Y MEDIANAS EMPRESAS COLOMBIANAS |
title_fullStr | IMPACTO DEL AUTOFINANCIAMIENTO SOBRE LA INNOVACIÓN DE LAS MICRO, PEQUEÑAS Y MEDIANAS EMPRESAS COLOMBIANAS |
title_full_unstemmed | IMPACTO DEL AUTOFINANCIAMIENTO SOBRE LA INNOVACIÓN DE LAS MICRO, PEQUEÑAS Y MEDIANAS EMPRESAS COLOMBIANAS |
title_short | IMPACTO DEL AUTOFINANCIAMIENTO SOBRE LA INNOVACIÓN DE LAS MICRO, PEQUEÑAS Y MEDIANAS EMPRESAS COLOMBIANAS |
title_sort | impacto del autofinanciamiento sobre la innovacion de las micro pequenas y medianas empresas colombianas |
topic | financing innovation msmes |
url | https://revistas.unilibre.edu.co/index.php/criteriolibre/article/view/5011/4280 |
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