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Impact of competition from unregistered firms on R&D investment by industrial sectors in emerging economies
Universidad del Pacífico, Lima, Peru.
USM, Chile.
University of Skövde, School of Business. University of Skövde, Enterprises for the Future. (Knowledge and Innovation Management (KIM))ORCID iD: 0000-0001-8469-2427
Universidad del Pacífico, Lima, Peru.
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2018 (English)In: Technological forecasting & social change, ISSN 0040-1625, E-ISSN 1873-5509, Vol. 133, p. 179-189Article in journal (Refereed) Published
Abstract [en]

This research evaluates the impact of competition from unregistered firms on R&D investment by formal firms in emerging economies by considering their industrial sector and institutional factors, such as intellectual property rights. We performed a study using the propensity score matching approach and the World Bank Enterprise Survey of 16 Latin American emerging economies. We observed that the R&D investment response of formal firms varies according to the typology of industrial sectors. Supplier-dominated industries reduce investments in R&D when confronted with the informal sector. However, science-based, specialized suppliers and scale-intensive industries do not alter their investments. In addition, the level of intellectual property (e.g., IPRI) modifies the effect of the informal sector on R&D investment. Formal firms reduce their investments in R&D when the IPRI environment is underdeveloped. This reduction does not occur in highly developed IPRI environments. We also discuss the finding's theoretical and practical implications and suggest avenues for future research.

Place, publisher, year, edition, pages
Elsevier, 2018. Vol. 133, p. 179-189
Keywords [en]
unregistered firms, competitive strategy, R&D investment, innovation, emerging economies, manufacturing firms
National Category
Business Administration
Research subject
Knowledge and Innovation Management (KIM)
Identifiers
URN: urn:nbn:se:his:diva-15094DOI: 10.1016/j.techfore.2018.03.028ISI: 000438323900015Scopus ID: 2-s2.0-85046135068OAI: oai:DiVA.org:his-15094DiVA, id: diva2:1200240
Available from: 2018-04-23 Created: 2018-04-23 Last updated: 2019-09-30Bibliographically approved

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Durst, Susanne

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CiteExportLink to record
Permanent link

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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf