Browsing by Author "Bustamante Ubilla, Miguel A."
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Item Incidence of Human Capital in the Innovative Performance of Service Companies: A Study in EcuadorAutores: Carvache Franco, Orly; Carvache Franco, Mauricio; Carvache Franco, Wilmer; Bustamante Ubilla, Miguel A.The relationship between human capital and innovative performance in service companies has been studied in countries with fast-growing economies and knowledge-intensive companies, but little evidence exists in other contexts. The research examined the relationship between human capital variables and the innovative performance of Ecuadorian service companies. The methodology is quantitative. It is a non-experimental, cross-sectional investigation, and data from Ecuador from the national survey of innovation activities 2015 were used. A bivariate probit regression was performed. The results indicate that the variable training in innovation activities is positively related to service innovation, but not to process innovation, because service innovation requires a greater development of skills and abilities than process innovation in these activities. Company workers and the variable workers with higher education are positively related to process innovation, but not to service innovation. The research contributes to the gap in the literature on the relationship between human capital variables and innovative performance and provides empirical evidence of the relationship in developing countries where evidence is scarce. The research has practical implications for managers and administrators of service companies: Increasing training in innovation activities can increase the potential for service innovation and increasing workers with higher education increases the innovative potential in the processes in these companies. The originality of this study is that it presents evidence of this relationship in a developing country that has companies in a different context such as scarcity of qualified human resources, low level of R&D investment, and companies with a medium level of knowledge complexity, since the evidence focuses on companies in developed countries and knowledge-intensive companies.Item The relationship between human-capital variables and innovative performance: evidence from ColombiaAutores: Carvache Franco, Orly; Carvache Franco, Mauricio; Carvache Franco, Wilmer; Bustamante Ubilla, Miguel A.The objective of the research is to analyze the variables of human capital and its relationship with innovation in manufacturing companies. The study is quantitative, nonexperimental, cross-sectional data obtained from Colombia, an emerging country, collected from a national survey of innovation activities. The regression used is bivariate probit. The findings show that the variable “R&D workers” is related to product and process innovation and the variable “workers with higher education” is related to product innovation. The theoretical implication is that the “R&D workers” variable is an important predictor for product and process innovation because it represents skills, abilities, and worker’s experience, and enables finding new uses for knowledge or combining knowledge to achieve innovation. Furthermore, in these companies, the human capital acquired through education develops the skills and abilities that enable product innovation to be achieved, while low investment in training means that the skills achieved by this means are not significant for innovation. The study has practical implications for managers in emerging countries who want to increase the companies’ innovative potential by increasing investment in education and training of its workers.
