Mutual Effects Between Innovation Commitment and Exports: Evidence from the Owner-Manager in Colombia

Latin America and the Caribbean is recognized as a region of entrepreneurs, as evidenced by the high amount of ventures per capita; however, just a few number of companies export and most of them show a weak growth and little innovation. Using information from the GEM database – Colombia 2010 and 2...

Full description

Bibliographic Details
Main Authors: Izaias Martins, Eduardo Goméz-Araujo, Yancy Vaillant
Format: Article
Language:English
Published: Universidad Alberto Hurtado 2015-04-01
Series:Journal of Technology Management & Innovation
Subjects:
Online Access:https://www.jotmi.org/index.php/GT/article/view/1703
_version_ 1797848462349303808
author Izaias Martins
Eduardo Goméz-Araujo
Yancy Vaillant
author_facet Izaias Martins
Eduardo Goméz-Araujo
Yancy Vaillant
author_sort Izaias Martins
collection DOAJ
description Latin America and the Caribbean is recognized as a region of entrepreneurs, as evidenced by the high amount of ventures per capita; however, just a few number of companies export and most of them show a weak growth and little innovation. Using information from the GEM database – Colombia 2010 and 2011, this study investigates the mutual effects between the owner-manager’s commitment to innovation and the export behavior of companies. Logistic and Ordinal regression models are used to test the proposed hypotheses in this study. The main findings of this study suggest that the owner-manager’s commitment to innovation is an important booster for exports, as well as for increasing sales abroad. Furthermore, the results suggest that the export propensity, in turn, increases the likelihood of involvement of owner-managers to innovate in Colombia.
first_indexed 2024-04-09T18:27:56Z
format Article
id doaj.art-b6e1d05047494035a86dae5c4df96126
institution Directory Open Access Journal
issn 0718-2724
language English
last_indexed 2024-04-09T18:27:56Z
publishDate 2015-04-01
publisher Universidad Alberto Hurtado
record_format Article
series Journal of Technology Management & Innovation
spelling doaj.art-b6e1d05047494035a86dae5c4df961262023-04-11T20:00:34ZengUniversidad Alberto HurtadoJournal of Technology Management & Innovation0718-27242015-04-0110110.4067/S0718-27242015000100008945Mutual Effects Between Innovation Commitment and Exports: Evidence from the Owner-Manager in ColombiaIzaias Martins0Eduardo Goméz-Araujo1Yancy Vaillant2Universidad EAFIT, School of Management, Carrera 49 7Sur 50, Bloque 26, Medellin.Universidad del Norte, School of Management, Km 5 Vía a Puerto Colombia. Edificio Álvaro Jaramillo, Barranquilla.ESC-Rennes School of Business, 2, rue Robert d’Arbrissel – CS76522. 35065 Rennes. Latin America and the Caribbean is recognized as a region of entrepreneurs, as evidenced by the high amount of ventures per capita; however, just a few number of companies export and most of them show a weak growth and little innovation. Using information from the GEM database – Colombia 2010 and 2011, this study investigates the mutual effects between the owner-manager’s commitment to innovation and the export behavior of companies. Logistic and Ordinal regression models are used to test the proposed hypotheses in this study. The main findings of this study suggest that the owner-manager’s commitment to innovation is an important booster for exports, as well as for increasing sales abroad. Furthermore, the results suggest that the export propensity, in turn, increases the likelihood of involvement of owner-managers to innovate in Colombia. https://www.jotmi.org/index.php/GT/article/view/1703InnovationExport BehaviorOwner-Manager CommitmentGEM-Colombia
spellingShingle Izaias Martins
Eduardo Goméz-Araujo
Yancy Vaillant
Mutual Effects Between Innovation Commitment and Exports: Evidence from the Owner-Manager in Colombia
Journal of Technology Management & Innovation
Innovation
Export Behavior
Owner-Manager Commitment
GEM-Colombia
title Mutual Effects Between Innovation Commitment and Exports: Evidence from the Owner-Manager in Colombia
title_full Mutual Effects Between Innovation Commitment and Exports: Evidence from the Owner-Manager in Colombia
title_fullStr Mutual Effects Between Innovation Commitment and Exports: Evidence from the Owner-Manager in Colombia
title_full_unstemmed Mutual Effects Between Innovation Commitment and Exports: Evidence from the Owner-Manager in Colombia
title_short Mutual Effects Between Innovation Commitment and Exports: Evidence from the Owner-Manager in Colombia
title_sort mutual effects between innovation commitment and exports evidence from the owner manager in colombia
topic Innovation
Export Behavior
Owner-Manager Commitment
GEM-Colombia
url https://www.jotmi.org/index.php/GT/article/view/1703
work_keys_str_mv AT izaiasmartins mutualeffectsbetweeninnovationcommitmentandexportsevidencefromtheownermanagerincolombia
AT eduardogomezaraujo mutualeffectsbetweeninnovationcommitmentandexportsevidencefromtheownermanagerincolombia
AT yancyvaillant mutualeffectsbetweeninnovationcommitmentandexportsevidencefromtheownermanagerincolombia