TY - JOUR
T1 - Effects of informal competition on innovation performance: The case of Pacific Alliance
AU - Heredia, Jorge
AU - Flores, Alejandro
AU - Geldes, Cristian
AU - Heredia, Walter
PY - 2017/1/1
Y1 - 2017/1/1
N2 - This study evaluates the impact of informal competition on the innovation performance of formal fi rms in emerging ec onomies. 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.
AB - This study evaluates the impact of informal competition on the innovation performance of formal fi rms in emerging ec onomies. 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.
KW - Emerging economies
KW - Informal competition
KW - Innovation performance
KW - Pacific alliance
KW - Emerging economies
KW - Informal competition
KW - Innovation performance
KW - Pacific alliance
UR - https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85040058384&origin=inward
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U2 - 10.4067/s0718-27242017000400003
DO - 10.4067/s0718-27242017000400003
M3 - Article in a journal
SN - 0718-2724
VL - 12
SP - 22
EP - 28
JO - Journal of Technology Management and Innovation
JF - Journal of Technology Management and Innovation
IS - 4
ER -
