Human Capital and University-Industry Linkages' Role in Fostering Firm Innovation : An Empirical Study of Chile and Colombia
A firm's absorptive capacity, human capital and linkages with knowledge institutions have been shown to increase the firm's probability of innovating in OECD economies. Despite its importance for national- and firm-level competitiveness,...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2007/12/8880613/human-capital-university-industry-linkages-role-fostering-firm-innovation-empirical-study-chile-colombia http://hdl.handle.net/10986/7558 |
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okr-10986-7558 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ABSORPTIVE CAPACITY ACCOUNTING APPROACH TO INNOVATION CAPABILITIES CAPABILITY CENTERS OF EXCELLENCE COLLABORATION COMPETENCIES COMPETITIVENESS COMPUTERS CONCEPT OF KNOWLEDGE CONCEPTUAL FRAMEWORK CONTINUOUS IMPROVEMENT CURRENT KNOWLEDGE DATA QUALITY DEVELOPMENT ECONOMICS DEVELOPMENT STRATEGIES DISCUSSION DISSEMINATION OF KNOWLEDGE DOMAIN ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC THEORY ECONOMICS ECONOMICS OF INNOVATION EMAIL ADDRESS EQUIPMENT EXISTING KNOWLEDGE EXTENSION EXTERNAL KNOWLEDGE EXTERNAL RELATIONSHIPS EXTERNALITIES FIRM PERFORMANCE FIRM-SPECIFIC KNOWLEDGE FOOD PROCESSING GEOGRAPHY OF INNOVATION GLOBAL COMPETITIVENESS GOVERNMENT POLICY HUMAN CAPITAL HUMAN RESOURCES IDEA IDEAS INCOME INDIVIDUAL FIRMS INDUSTRIAL POLICY INDUSTRIAL STRUCTURE INFORMATION TECHNOLOGY INNOVATION INNOVATION CAPACITY INNOVATION INDICATORS INNOVATION INPUTS INNOVATION OUTCOME INNOVATION OUTCOMES INNOVATION OUTPUTS INNOVATION PERFORMANCE INNOVATION POLICY INNOVATION PROCESS INNOVATION PROCESSES INNOVATION PROGRAM INNOVATION SURVEYS INNOVATION SYSTEM INNOVATION SYSTEMS INNOVATION THEORY INNOVATIVE ACTIVITIES INNOVATIVE ACTIVITY INNOVATIVE CAPACITY INNOVATIVE COMPARATIVE ADVANTAGE INNOVATIVE FIRMS INNOVATIVE OUTPUT INNOVATIVE PERFORMANCE INNOVATIVE PROCESSES INNOVATIVE PRODUCTS INSTITUTIONAL FRAMEWORK INTANGIBLE ASSETS INTELLECTUAL PROPERTY INTERACTIVE LEARNING INTERNATIONALISATION INTERRELATIONSHIPS KNOWLEDGE CENTERS KNOWLEDGE DIFFUSION KNOWLEDGE DISSEMINATION KNOWLEDGE FLOW KNOWLEDGE FRONTIER KNOWLEDGE INFRASTRUCTURE KNOWLEDGE MANAGEMENT KNOWLEDGE PRODUCTION KNOWLEDGE SPILLOVERS KNOWLEDGE TRANSFER LABOR FORCE LATIN AMERICAN LEARNING LEVEL OF KNOWLEDGE LICENSES LOCALIZATION MANUFACTURING MANUFACTURING INDUSTRIES MANUFACTURING INDUSTRY MARKET SHARE MARKETING MISSING VALUE MISSING VALUES NATURAL RESOURCES NETWORKS NEW MARKET NEW PRODUCT NEW PRODUCTS NEW TECHNOLOGIES NEW TECHNOLOGY ORGANIZATIONAL CHANGE ORGANIZATIONAL MANAGEMENT POLICY FRAMEWORK PRIVATE SECTOR PRIVATE SECTORS PROCESS INNOVATION PROCESS INNOVATIONS PRODUCT DESIGN PRODUCT INNOVATION PRODUCT INNOVATIONS PRODUCTION PROCESSES PRODUCTIVITY PUBLIC INSTITUTIONS R&D RADIO REGIONAL DEVELOPMENT REGIONAL INNOVATION RESULT RESULTS SAFETY SKILLED LABOR SKILLED WORKERS SOCIAL KNOWLEDGE SOURCES OF INFORMATION SUCCESSFUL INNOVATION SUPPLIERS SYSTEM OF INNOVATION TACIT KNOWLEDGE TECHNICAL KNOWLEDGE TECHNOLOGICAL DEVELOPMENT TECHNOLOGICAL INNOVATION TELEVISION THINKING TIME PERIOD TOP MANAGEMENT TRANSACTION TYPE OF KNOWLEDGE UNIVERSITIES UTILITY MODELS VALUE CHAIN WEB WOOD WORK EXPERIENCE |
| spellingShingle |
ABSORPTIVE CAPACITY ACCOUNTING APPROACH TO INNOVATION CAPABILITIES CAPABILITY CENTERS OF EXCELLENCE COLLABORATION COMPETENCIES COMPETITIVENESS COMPUTERS CONCEPT OF KNOWLEDGE CONCEPTUAL FRAMEWORK CONTINUOUS IMPROVEMENT CURRENT KNOWLEDGE DATA QUALITY DEVELOPMENT ECONOMICS DEVELOPMENT STRATEGIES DISCUSSION DISSEMINATION OF KNOWLEDGE DOMAIN ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC THEORY ECONOMICS ECONOMICS OF INNOVATION EMAIL ADDRESS EQUIPMENT EXISTING KNOWLEDGE EXTENSION EXTERNAL KNOWLEDGE EXTERNAL RELATIONSHIPS EXTERNALITIES FIRM PERFORMANCE FIRM-SPECIFIC KNOWLEDGE FOOD PROCESSING GEOGRAPHY OF INNOVATION GLOBAL COMPETITIVENESS GOVERNMENT POLICY HUMAN CAPITAL HUMAN RESOURCES IDEA IDEAS INCOME INDIVIDUAL FIRMS INDUSTRIAL POLICY INDUSTRIAL STRUCTURE INFORMATION TECHNOLOGY INNOVATION INNOVATION CAPACITY INNOVATION INDICATORS INNOVATION INPUTS INNOVATION OUTCOME INNOVATION OUTCOMES INNOVATION OUTPUTS INNOVATION PERFORMANCE INNOVATION POLICY INNOVATION PROCESS INNOVATION PROCESSES INNOVATION PROGRAM INNOVATION SURVEYS INNOVATION SYSTEM INNOVATION SYSTEMS INNOVATION THEORY INNOVATIVE ACTIVITIES INNOVATIVE ACTIVITY INNOVATIVE CAPACITY INNOVATIVE COMPARATIVE ADVANTAGE INNOVATIVE FIRMS INNOVATIVE OUTPUT INNOVATIVE PERFORMANCE INNOVATIVE PROCESSES INNOVATIVE PRODUCTS INSTITUTIONAL FRAMEWORK INTANGIBLE ASSETS INTELLECTUAL PROPERTY INTERACTIVE LEARNING INTERNATIONALISATION INTERRELATIONSHIPS KNOWLEDGE CENTERS KNOWLEDGE DIFFUSION KNOWLEDGE DISSEMINATION KNOWLEDGE FLOW KNOWLEDGE FRONTIER KNOWLEDGE INFRASTRUCTURE KNOWLEDGE MANAGEMENT KNOWLEDGE PRODUCTION KNOWLEDGE SPILLOVERS KNOWLEDGE TRANSFER LABOR FORCE LATIN AMERICAN LEARNING LEVEL OF KNOWLEDGE LICENSES LOCALIZATION MANUFACTURING MANUFACTURING INDUSTRIES MANUFACTURING INDUSTRY MARKET SHARE MARKETING MISSING VALUE MISSING VALUES NATURAL RESOURCES NETWORKS NEW MARKET NEW PRODUCT NEW PRODUCTS NEW TECHNOLOGIES NEW TECHNOLOGY ORGANIZATIONAL CHANGE ORGANIZATIONAL MANAGEMENT POLICY FRAMEWORK PRIVATE SECTOR PRIVATE SECTORS PROCESS INNOVATION PROCESS INNOVATIONS PRODUCT DESIGN PRODUCT INNOVATION PRODUCT INNOVATIONS PRODUCTION PROCESSES PRODUCTIVITY PUBLIC INSTITUTIONS R&D RADIO REGIONAL DEVELOPMENT REGIONAL INNOVATION RESULT RESULTS SAFETY SKILLED LABOR SKILLED WORKERS SOCIAL KNOWLEDGE SOURCES OF INFORMATION SUCCESSFUL INNOVATION SUPPLIERS SYSTEM OF INNOVATION TACIT KNOWLEDGE TECHNICAL KNOWLEDGE TECHNOLOGICAL DEVELOPMENT TECHNOLOGICAL INNOVATION TELEVISION THINKING TIME PERIOD TOP MANAGEMENT TRANSACTION TYPE OF KNOWLEDGE UNIVERSITIES UTILITY MODELS VALUE CHAIN WEB WOOD WORK EXPERIENCE Marotta, Daniela Mark, Michael Blom, Andreas Thorn, Kristian Human Capital and University-Industry Linkages' Role in Fostering Firm Innovation : An Empirical Study of Chile and Colombia |
| geographic_facet |
Latin America & Caribbean Colombia Chile |
| relation |
Policy Research Working Paper; No. 4443 |
| description |
A firm's absorptive capacity, human
capital and linkages with knowledge institutions have been
shown to increase the firm's probability of innovating
in OECD economies. Despite its importance for national- and
firm-level competitiveness, few papers examine the impact of
the same variables for firms innovation in Latin America.
This paper investigates the link between firm innovation and
its absorption capacity as proxied by the presence of a
R&D department, the firm's human capital, and its
interaction with research centers and universities. We
analyze the case of Chilean and Colombian manufacturing
firms using data from innovation surveys. A probit
regression model is applied to identify the determinants of
innovation activity. We find that collaboration with
university and research institutions is associated with an
increase in the probability of introducing a new product in
Chilean and Colombian firms of 29 and 44 percent,
respectively, and it can increase up to 58 percent in the
case of Colombian firms interacting with research centers.
Moreover, firms whose employees have a higher level of
education, or whose managers/supervisors have a higher
(perceived) level of knowledge, are more likely to innovate.
Although the estimates could be affected by biases and
suffer from shortcomings in data, the findings suggest that
policies and incentives to increase firm-level human capital
and industry-university linkages are important to increase
innovation in Latin America. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Marotta, Daniela Mark, Michael Blom, Andreas Thorn, Kristian |
| author_facet |
Marotta, Daniela Mark, Michael Blom, Andreas Thorn, Kristian |
| author_sort |
Marotta, Daniela |
| title |
Human Capital and University-Industry Linkages' Role in Fostering Firm Innovation : An Empirical Study of Chile and Colombia |
| title_short |
Human Capital and University-Industry Linkages' Role in Fostering Firm Innovation : An Empirical Study of Chile and Colombia |
| title_full |
Human Capital and University-Industry Linkages' Role in Fostering Firm Innovation : An Empirical Study of Chile and Colombia |
| title_fullStr |
Human Capital and University-Industry Linkages' Role in Fostering Firm Innovation : An Empirical Study of Chile and Colombia |
| title_full_unstemmed |
Human Capital and University-Industry Linkages' Role in Fostering Firm Innovation : An Empirical Study of Chile and Colombia |
| title_sort |
human capital and university-industry linkages' role in fostering firm innovation : an empirical study of chile and colombia |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2007/12/8880613/human-capital-university-industry-linkages-role-fostering-firm-innovation-empirical-study-chile-colombia http://hdl.handle.net/10986/7558 |
| _version_ |
1764402775624515584 |
| spelling |
okr-10986-75582021-04-23T14:02:35Z Human Capital and University-Industry Linkages' Role in Fostering Firm Innovation : An Empirical Study of Chile and Colombia Marotta, Daniela Mark, Michael Blom, Andreas Thorn, Kristian ABSORPTIVE CAPACITY ACCOUNTING APPROACH TO INNOVATION CAPABILITIES CAPABILITY CENTERS OF EXCELLENCE COLLABORATION COMPETENCIES COMPETITIVENESS COMPUTERS CONCEPT OF KNOWLEDGE CONCEPTUAL FRAMEWORK CONTINUOUS IMPROVEMENT CURRENT KNOWLEDGE DATA QUALITY DEVELOPMENT ECONOMICS DEVELOPMENT STRATEGIES DISCUSSION DISSEMINATION OF KNOWLEDGE DOMAIN ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC THEORY ECONOMICS ECONOMICS OF INNOVATION EMAIL ADDRESS EQUIPMENT EXISTING KNOWLEDGE EXTENSION EXTERNAL KNOWLEDGE EXTERNAL RELATIONSHIPS EXTERNALITIES FIRM PERFORMANCE FIRM-SPECIFIC KNOWLEDGE FOOD PROCESSING GEOGRAPHY OF INNOVATION GLOBAL COMPETITIVENESS GOVERNMENT POLICY HUMAN CAPITAL HUMAN RESOURCES IDEA IDEAS INCOME INDIVIDUAL FIRMS INDUSTRIAL POLICY INDUSTRIAL STRUCTURE INFORMATION TECHNOLOGY INNOVATION INNOVATION CAPACITY INNOVATION INDICATORS INNOVATION INPUTS INNOVATION OUTCOME INNOVATION OUTCOMES INNOVATION OUTPUTS INNOVATION PERFORMANCE INNOVATION POLICY INNOVATION PROCESS INNOVATION PROCESSES INNOVATION PROGRAM INNOVATION SURVEYS INNOVATION SYSTEM INNOVATION SYSTEMS INNOVATION THEORY INNOVATIVE ACTIVITIES INNOVATIVE ACTIVITY INNOVATIVE CAPACITY INNOVATIVE COMPARATIVE ADVANTAGE INNOVATIVE FIRMS INNOVATIVE OUTPUT INNOVATIVE PERFORMANCE INNOVATIVE PROCESSES INNOVATIVE PRODUCTS INSTITUTIONAL FRAMEWORK INTANGIBLE ASSETS INTELLECTUAL PROPERTY INTERACTIVE LEARNING INTERNATIONALISATION INTERRELATIONSHIPS KNOWLEDGE CENTERS KNOWLEDGE DIFFUSION KNOWLEDGE DISSEMINATION KNOWLEDGE FLOW KNOWLEDGE FRONTIER KNOWLEDGE INFRASTRUCTURE KNOWLEDGE MANAGEMENT KNOWLEDGE PRODUCTION KNOWLEDGE SPILLOVERS KNOWLEDGE TRANSFER LABOR FORCE LATIN AMERICAN LEARNING LEVEL OF KNOWLEDGE LICENSES LOCALIZATION MANUFACTURING MANUFACTURING INDUSTRIES MANUFACTURING INDUSTRY MARKET SHARE MARKETING MISSING VALUE MISSING VALUES NATURAL RESOURCES NETWORKS NEW MARKET NEW PRODUCT NEW PRODUCTS NEW TECHNOLOGIES NEW TECHNOLOGY ORGANIZATIONAL CHANGE ORGANIZATIONAL MANAGEMENT POLICY FRAMEWORK PRIVATE SECTOR PRIVATE SECTORS PROCESS INNOVATION PROCESS INNOVATIONS PRODUCT DESIGN PRODUCT INNOVATION PRODUCT INNOVATIONS PRODUCTION PROCESSES PRODUCTIVITY PUBLIC INSTITUTIONS R&D RADIO REGIONAL DEVELOPMENT REGIONAL INNOVATION RESULT RESULTS SAFETY SKILLED LABOR SKILLED WORKERS SOCIAL KNOWLEDGE SOURCES OF INFORMATION SUCCESSFUL INNOVATION SUPPLIERS SYSTEM OF INNOVATION TACIT KNOWLEDGE TECHNICAL KNOWLEDGE TECHNOLOGICAL DEVELOPMENT TECHNOLOGICAL INNOVATION TELEVISION THINKING TIME PERIOD TOP MANAGEMENT TRANSACTION TYPE OF KNOWLEDGE UNIVERSITIES UTILITY MODELS VALUE CHAIN WEB WOOD WORK EXPERIENCE A firm's absorptive capacity, human capital and linkages with knowledge institutions have been shown to increase the firm's probability of innovating in OECD economies. Despite its importance for national- and firm-level competitiveness, few papers examine the impact of the same variables for firms innovation in Latin America. This paper investigates the link between firm innovation and its absorption capacity as proxied by the presence of a R&D department, the firm's human capital, and its interaction with research centers and universities. We analyze the case of Chilean and Colombian manufacturing firms using data from innovation surveys. A probit regression model is applied to identify the determinants of innovation activity. We find that collaboration with university and research institutions is associated with an increase in the probability of introducing a new product in Chilean and Colombian firms of 29 and 44 percent, respectively, and it can increase up to 58 percent in the case of Colombian firms interacting with research centers. Moreover, firms whose employees have a higher level of education, or whose managers/supervisors have a higher (perceived) level of knowledge, are more likely to innovate. Although the estimates could be affected by biases and suffer from shortcomings in data, the findings suggest that policies and incentives to increase firm-level human capital and industry-university linkages are important to increase innovation in Latin America. 2012-06-08T18:42:27Z 2012-06-08T18:42:27Z 2007-12 http://documents.worldbank.org/curated/en/2007/12/8880613/human-capital-university-industry-linkages-role-fostering-firm-innovation-empirical-study-chile-colombia http://hdl.handle.net/10986/7558 English Policy Research Working Paper; No. 4443 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean Colombia Chile |