We refine modelling of the radical innovation decision in this paper by extending real option theory to include non … stochastic shocks imply that investment in radical innovation may very often be too time consuming and/or expensive to remain …

This study examines the impact of process and product innovation on employment growth and composition in Argentina …, Chile, Costa Rica, and Uruguay using micro data from innovation surveys. Based on the model put forward by Harrison et al … innovations was observed. With respect to the impact of innovation on employment composition, there is scant evidence of a skill …

-house technology investments, followed by mixed strategies, whereas process innovation is basically driven by "buy" strategies. …This study examines the impact of innovation strategies on employment growth in four Latin American countries … (Argentina, Chile, Costa Rica, and Uruguay) using micro-data for manufacturing firms from innovation surveys. Building on the …

that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …

This paper is part of the project: "IDB's Science and Technology Programs: An Evaluation of the Technology Development … Technology Research Fund (FONDECYT). To measure the program's impact, we implement a Regression Discontinuity (RD) design on …

This study examines the determinants of technological innovation and its impact on firm labor productivity across six … Latin American countries (Argentina, Chile, Colombia, Costa Rica, Panama, and Uruguay) using micro data from innovation … of innovation investment are much more heterogeneous than in OECD countries. Cooperation, foreign ownership, and …