Institutions and their impact on innovation. Micropanel contrast developing versus developed countries
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Abstract
Innovation is the path for nations towards economic development and the well-being of their citizens, so any study that helps to better understand its functioning is of great importance. Generally, a country's innovation is characterized by the dollars invested in R&D, the number of brands, patents, or scientific articles. Similarly, it is always contrasted with indicators such as GDP, trade openness, among others; however, it has been underexplored in terms of "institutions." Another knowledge gap identified through literature review is the limited research production on the topic when analyzing developing countries. Therefore, this study aims to determine the impact of the variable "institutions" on innovation generation in developing countries and compare them with developed ones. This research is correlational, non-experimental, based on longitudinal data from the Global Innovation Index. Among the findings, it is evident that there is a positive correlation between innovation and institutions. Additionally, differences in the impact of the institutional variable on innovation creation were observed between the two different groups of countries. One limitation of the study is the mere inference of various hypotheses about the results without delving into them, and its uniqueness lies in the use of the heuristic method to find an innovative approach in conceptualizing variables.
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Ney Michel Lituma-Villamar , Universidad Benito Juárez G. / Universidad Tecnológica empresarial de Guayaquil - Ecuador
http://orcid.org/0000-0002-2820-6655
Work experience for nearly 30 years, of which 20 are in my own venture, the last 6 years I have dedicated part of my time to both research and teaching, especially on topics about competitiveness and innovation. In continuous improvement of skills and abilities; in the final stage of studies for a doctorate in administration and at the same time beginning a master's degree in Applied Artificial Intelligence.
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