dc.creatorJuliao-Rossi, Jorge
dc.creatorSchmutzler, Jana
dc.date2016-01-01T08:00:00Z
dc.date.accessioned2022-10-13T13:37:09Z
dc.date.available2022-10-13T13:37:09Z
dc.identifierhttps://ciencia.lasalle.edu.co/scopus_unisalle/405
dc.identifier.urihttps://repositorioslatinoamericanos.uchile.cl/handle/2250/4157915
dc.descriptionPurposeThe purpose of this paper is to test the existence of true persistence in the generation and adoption of product innovations in the context of a developing country. Design/methodology/approachA dynamic probit model with random effects is used to test true persistence relying on a panel data set constructed from three waves of the Colombian innovation survey (Encuesta de Desarrollo e Innvovación Tecnológica) covering the time span from 2003 to 2008. FindingsThis paper empirically shows the existence of true innovation persistence for two of the three types of product innovation studied: the adoption of product innovation that is new to the firm; and the adoption of product innovation that is new to the national market. However, the study could not confirm true persistence in the generation of product innovation. Originality/valueTo the best of our knowledge, this is the first study that systematically tests innovation persistence differentiating between the adoption of innovations that are new to the firm and innovation that is new to the national market. It is also the first study in this research area that uses a dynamic probit model with random effects according to the original specification by Wooldridge (2005).
dc.sourceAcademia Revista Latinoamericana de Administracion
dc.source125
dc.subjectDeveloping country
dc.subjectInnovation persistence
dc.subjectManufacturing firms
dc.subjectProduct adoption
dc.subjectProduct innovation
dc.subjectTrue state dependence
dc.titlePersistence in generating and adopting product innovations: Evidence for manufacturing firms in a developing country
dc.typeArticle


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