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The Role of Technology-Transfer-Oriented Subsidies in Building Companies’ Absorptive Capacity and Innovation : Evidence from Peruvian MSMEs

초록

영어

Micro, small, and medium-sized enterprises (MSMEs) have been acknowledged to play a key role in promoting innovation and economic development. In Peru, 99.5% of formal firms are MSMEs, thus promoting innovation in these firms could have a significant impact on the Peruvian economy. In spite of Innovate Peru’s efforts, Peru is still one of the countries that invests the least in innovation, with MSMEs offering low value added. Innovate Peru has launched programs (technological missions) to improve MSMEs’ innovation through technology- transfer-oriented subsidies, which may strengthen companies’ absorptive capacity (AC) and thus their capabilities to identify and integrate internal and external knowledge. This study assesses the impact of these programs on MSMEs. Data were collected from 85 MSMEs that participated in Innovate Peru’s technological missions between 2014 and 2016. Findings show that all the dimensions of AC have a positive impact on innovation; however, the impact of economic subsidy was found to be non-significant. Theoretical and practical implications are discussed.

목차

ABSTRACT
Ⅰ. Introduction
Ⅱ. Theoretical Background
2.1. Research Gap
2.2. Innovate Peru and Technological Missions:Technology-Transfer-Oriented Subsidies
2.3. Absorptive Capacity
2.4. Innovation
Ⅲ. Research Hypotheses
3.1. Impact of the Dimensions of Absorptive Capacity
3.2. Impact of Technology-Transfer-Oriented Subsidies
3.3. Control Variables
Ⅳ. Methodology
4.1. Measurement Instrument
4.2. Data Collection
4.3. Data Analysis
Ⅴ. Results
Ⅵ. Discussion and Implications
6.1. Theoretical Implications
6.2. Practical Implications
6.3. Limitations and Future Studies

저자정보

  • Maria Fernanda Ricalde-Chahua Graduate Student, Engineering Department, Universidad del Pacifico, Peru
  • Christian Fernando Libaque-Saenz Professor, Engineering Department, Universidad del Pacifico, Peru

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