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A comparative analysis of the innovation performance between foreign subsidiaries and owned domestic firms in Colombian manufacturing sector
Un análisis comparado del desempeño innovador de las empresas extranjeras y nacionales en la industria manufacturera de Colombia

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Albis, Nadia and Álvarez, Isabel (2017) A comparative analysis of the innovation performance between foreign subsidiaries and owned domestic firms in Colombian manufacturing sector. Journal Globalization, Competitiveness and Governability, 11 (2). pp. 20-41. ISSN 1988-7116

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Official URL: https://doi.org/10.3232/GCG.2017.V11.N2.01



Abstract

This paper analyzes the innovation performance of foreign subsidiaries compared to domestic owned firms using a firm level dataset of Colombian manufacturing firms. The results show that foreign subsidiaries are superior in knowledge production over domestic firms and this superiority is because they make a more intensive use of internal and external knowledge inputs. However, when foreign subsidiaries are compared with national exporting companies the gaps in innovation performance is not as wide. Our findings can be seen as a new contribution that hightlights how the links between innovation and firm’s internationalization define a relevant relationship, important also for developing contexts.

Resumen (otros idiomas)

Este trabajo analiza el desempeño innovador de las subsidiarias extranjeras en comparación con las empresas nacionales usando datos a nivel de firma para la industria manufacturera. Los resultados evidencian que las subsidiarias extranjeras son superiores en la producción de conocimiento en comparación con las firmas domésticas, explicado por una mayor intensidad en el uso de insumos internos y externos de conocimiento. Sin embargo, cuando las subsidiarias extranjeras se comparan con las firmas domésticas que exportan, la brecha en el desempeño innovador no es tan amplia. Los resultados contribuyen a dilucidar como los vínculos entre innovación e internacionalización de las firmas son relevantes también en países en desarrollo.

Item Type:Article
Uncontrolled Keywords:Colombia; Innovation; Internationalization; Manufacturing Industry; Multinationals; Subsidiaries.
Subjects:Social sciences > Economics > Economic development
Social sciences > Economics > World economy
Social sciences > Economics > Microeconomics
JEL:F23, O31, D22
ID Code:57206
Deposited On:03 Oct 2019 11:30
Last Modified:03 Oct 2019 11:30

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