Effect of the innovation on the profitability of micro and SMEs in economic contexts of economic recession and growt

 

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Autores: López Fernández, José Manuel, Somohano Rodríguez, Francisco Manuel, Martínez García, Francisco Javier
Formato: artículo original
Fecha de Publicación:2018
Descripción:The objective of this paper is to study the relation between innovation and business results during different economic periods, and if the SMEs that innovate obtain better results in recession. To do this, we used the economic-financial information for the period 2002-2014 of a sample of 948 manufacturing companies of the Spanish automotive sector. We have also used disclosed information obtained from the firms’ web sites in 2014. With this information, we have developed an indicator of the disclosed information about the intensity of innovation and we have reclassified the productive activity of the company. Applying non-parametric methodologies, we have obtained significant evidences that there is an alternation in the positive effects that the innovation produces in the results of the companies, depending on their size and the economic cycle. This work can contribute to validate the policies that defend and support innovation in MSMEs.
País:RepositorioTEC
Institución:Instituto Tecnológico de Costa Rica
Repositorio:RepositorioTEC
Lenguaje:Español
OAI Identifier:oai:repositoriotec.tec.ac.cr:2238/12777
Acceso en línea:https://revistas.tec.ac.cr/index.php/tec_empresarial/article/view/3567
http://hdl.handle.net/2238/12777
Palabra clave:Innovación
ventaja competitiva
Microempresas
automoción
divulgación voluntaria
innovation
competitive advantage
micro-smes
automotive
voluntary disclosure