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Barriers to non-technological innovation: Impact on business performance in an emerging economy

Author

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  • Christian Acuna-Opazo

    (Departamento de Ingeniería Industrial, Universidad de La Serena, Chile)

  • Mauricio Castillo-Vergara

    (Departamento de Ingeniería Industrial, Universidad de La Serena, Chile)

Abstract

In the current competitive business environment, most are increasingly companies that develop processes of innovation (technological and non-technological) to achieve a good performance that translates into success, those who are not absent from barriers. This research examines the effect of barriers to innovation in the business performance between companies of different business stage, measured through the years of operation using a multiple linear regression analysis of the sectors services and manufacturing industry in Chile, a country that is in the first place for innovation in the region of Latin America and the Caribbean. The results show that organizational innovation and marketing innovation have positive, significant and higher effects on business performance in the group of companies in the introductory-growth stage that, for established companies and the barriers of cost, market and regulatory barriers are an obstacle to the development of innovation in the companies studied.

Suggested Citation

  • Christian Acuna-Opazo & Mauricio Castillo-Vergara, 2018. "Barriers to non-technological innovation: Impact on business performance in an emerging economy," Contaduría y Administración, Accounting and Management, vol. 63(3), pages 32-33, Julio-Sep.
    • Handle: RePEc:nax:conyad:v:63:y:2018:i:3:p:32-33
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    References listed on IDEAS

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