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Measuring and Examining Innovation in Philippine Business and Industry

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  • Llanto, Gilberto M.
  • Serafica, Ramonette B.
  • Albert, Jose Ramon G.
  • Quimba, Francis Mark A.
  • Vizmanos, Jana Flor V.
  • Bairan, Jose Carlos Alexis C.

Abstract

Innovation involves implementing new or significantly improved goods and services, production processes, marketing, or organizational methods for adding value. The measurement of innovation provides a mechanism for benchmarking national performance, and for examining innovation and its relation to economic growth. Further, examining determinants and bottlenecks to innovation among firms provides inputs to mainstreaming of policies on innovation.This paper describes and discusses the results of the 2015 Survey of Innovation Activities, conducted by the Philippine Institute for Development Studies. Survey results suggest that less than half of the firms in the country are innovators, with larger-sized firms innovating more than micro, small, and medium establishments. Government needs to have a champion for developing stronger policies and interventions to support and encourage innovation. It is also important to improve information dissemination on public programs available to assist firms in innovating. Networking, linkages, and collaboration among the government, industry associations, and universities and research institutions also require further enhancement.

Suggested Citation

  • Llanto, Gilberto M. & Serafica, Ramonette B. & Albert, Jose Ramon G. & Quimba, Francis Mark A. & Vizmanos, Jana Flor V. & Bairan, Jose Carlos Alexis C., 2017. "Measuring and Examining Innovation in Philippine Business and Industry," Discussion Papers DP 2017-28, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:dpaper:dp_2017-28
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    References listed on IDEAS

    as
    1. Cororaton, Caesar B., 2002. "Research and Development and Technology in the Philippines," Discussion Papers DP 2002-23, Philippine Institute for Development Studies.
    2. Serafica, Ramonette B., 2016. "Service Innovation in Philippine Industries," Research Paper Series DP 2016-20, Philippine Institute for Development Studies.
    3. Llanto, Gilberto M. & del Prado, Fatima, 2015. "Does Innovation Mediate Good Firm Performance?," Discussion Papers DP 2015-06, Philippine Institute for Development Studies.
    4. Macapanpan, Tristan, 1999. "Private Sector Activities on Research and Development," Discussion Papers DP 1999-19, Philippine Institute for Development Studies.
    5. World Bank, 2010. "Innovation Policy : A Guide for Developing Countries," World Bank Publications - Books, The World Bank Group, number 2460.
    6. Yap, Josef T. & Macasaquit, Mari-Len R. & Gonzales, Kathrina G., 2010. "Determinants of Locating R&D Activity in the Philippines: Policy Implications," Discussion Papers DP 2010-07, Philippine Institute for Development Studies.
    7. Llanto, Gilberto M. & Albert, Jose Ramon G. & Quimba, Francis Mark A., 2017. "Innovation Activity of Firms in the Philippines," Discussion Papers DP 2017-44, Philippine Institute for Development Studies.
    8. Charles HARVIE & Dionisius NARJOKO & Sothea OUM, 2010. "Firm Characteristic Determinants of SME Participation in Production Networks," Working Papers DP-2010-11, Economic Research Institute for ASEAN and East Asia (ERIA).
    9. Quimba, Francis Mark A. & Rosellon, Maureen Ane D., 2011. "Innovation in the Automotive Sector of the Philippines," Discussion Papers DP 2011-17, Philippine Institute for Development Studies.
    10. Serafica, Ramonette B., 2016. "Service Innovation in Philippine Industries," Discussion Papers DP 2016-20, Philippine Institute for Development Studies.
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    Cited by:

    1. Connie Bayudan-Dacuycuy & Lora Kryz C. Baje, 2018. "Assessing the Effects of Simple and Complex Innovation Strategies on the Performance of Firms in the Philippines," Working Papers id:12899, eSocialSciences.
    2. Jose Ramon G. Albert & Ramonette B. Serafica & Francis Mark A. Quimba & Jana Flor V. Vizmanos & Jose Carlos Alexis C. Bairan, 2018. "What Drives Filipino Firms to Innovate," Working Papers id:12911, eSocialSciences.
    3. Llanto, Gilberto M. & Albert, Jose Ramon G. & Quimba, Francis Mark A., 2017. "Innovation Activity of Firms in the Philippines," Discussion Papers DP 2017-44, Philippine Institute for Development Studies.
    4. Gaspar, Raymond, 2022. "Harnessing Foreign Technology to Improve Firm Performance: Evidence from Philippine Manufacturing Enterprises," ADBI Working Papers 1321, Asian Development Bank Institute.

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    More about this item

    Keywords

    Philippines; micro; small; and medium enterprises; innovation; process innovation; product innovation; organizational innovation; marketing innovation; MSMEs;
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