process innovation on productivity in the Chilean manufacturing industry during the past decade. In general, the evidence … suggests there is not a contemporaneous effect of product innovation on productivity, but there is a positive effect of process … innovation. This not significant effect of product innovation contrasts with evidence of studies for other countries. However …

particular spin to this conclusion by showing that investment decisions at the firm level are also explained by the restoration …, perhaps the most relevant result is the confirmation that in Colombia, investment decisions are negatively affected by the …

also developed a summary index of the efficiency of investment allocation that measures whether, and to what extent …, investment funds are going to firms with a higher marginal return to capital. Then it was examined the relationship between this … has led to an increase in the efficiency with which investment funds are allocated. …

This presentation on innovation policy development broadens the notion of innovation to include all sorts of "process … innovations" and organizational changes. Then it describes innovation and growth in a historical perspective to conclude that … innovation policies for development should include much more than just supporting formal R&D projects, more than just in "high …

classified as either support for process innovation or support for product innovation. Although these types of programs do not … difference in differences were combined. The study found that by supporting both process and product innovation … product innovation activities. …