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- Title
Regional characteristics and the decision to innovate in a developing country: A multilevel analysis of Ecuadorian firms.
- Authors
Bruna, Fernando; Fernández‐Sastre, Juan
- Abstract
This is the first study that uses multilevel modelling to analyse regional influence on the decision to invest in innovation activities of firms in a single developing country, Ecuador. Our results indicate that the decision to invest in R&D and in other innovation activities are conditioned by the region in which the firm is located. Regional loan volume, orientation towards knowledge exploitation and intra‐regional‐sectorial R&D spillovers are positively associated with both types of innovation activities, while regional levels of co‐operation and inter‐regional R&D spillovers are only positively associated with the probability of investing in other innovation activities.
- Subjects
ECUADOR; DEVELOPING countries; REGIONAL cooperation; MULTILEVEL models; INNOVATIONS in business; BUSINESS enterprises
- Publication
Papers in Regional Science, 2021, Vol 100, Issue 6, p1337
- ISSN
1056-8190
- Publication type
Article
- DOI
10.1111/pirs.12632