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Human capital, innovation and productivity in Colombian enterprises: a structural approach using instrumental variables

dc.creatorRamírez Clavijo, Sandra Rocíospa
dc.creatorGallego Acevedo, Juan Miguelspa
dc.creatorTamayo M.spa
dc.date.accessioned2020-05-26T00:06:31Z
dc.date.available2020-05-26T00:06:31Z
dc.date.created2019spa
dc.description.abstractIn this paper we explore the R and D–innovation–productivity linkage for the Colombian manufacturing industry, paying special attention to the role of human capital. Using data from two firm-level surveys, the Survey of Development and Technological Innovation (EDIT) and the Annual Manufacturing Survey (EAM), we extend the model of Crépon, Duguet, and Mairesse [1998. ‘Research, Innovation and Productivity: An Econometric Analysis at the Firm Level.’ Economics of Innovation and New Technology 7 (2): 115–158] (hereafter CDM) by including human capital at the investment decision stage. We implement an instrumental variable methodology to correct the potential endogeneity that may arise with the inclusion of human capital. Our results suggest that human capital has a causal effect on research and development (R and D) investment decisions, the innovation behavior of the firm, and increases the labor productivity of the firm. The conclusions highlight the relevance of human capital in the surrounding literature which stands in contrast to prior work that has not included this variable. © 2019, © 2019 Informa UK Limited, trading as Taylor and Francis Group.eng
dc.format.mimetypeapplication/pdf
dc.identifier.doihttps://doi.org/10.1080/10438599.2019.1664700
dc.identifier.issn14768364
dc.identifier.issn10438599
dc.identifier.urihttps://repository.urosario.edu.co/handle/10336/23901
dc.language.isoengspa
dc.publisherRoutledgespa
dc.relation.citationTitleEconomics of Innovation and New Technology
dc.relation.ispartofEconomics of Innovation and New Technology, ISSN:14768364, 10438599,(2019)spa
dc.relation.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85074052584&doi=10.1080%2f10438599.2019.1664700&partnerID=40&md5=038adac7d87b57adea0652170e672c6bspa
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.rights.accesoAbierto (Texto Completo)spa
dc.source.instnameinstname:Universidad del Rosariospa
dc.source.reponamereponame:Repositorio Institucional EdocURspa
dc.subject.keywordHuman capitalspa
dc.subject.keywordInnovationspa
dc.subject.keywordProductivityspa
dc.titleHuman capital, innovation and productivity in Colombian enterprises: a structural approach using instrumental variablesspa
dc.typearticleeng
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersion
dc.type.spaArtículospa
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