Innovative efforts and export performance in Ecuador’s metal mechanics industry
This study aimed to investigate the innovation activities of exporting companies in the meta-mechanics industry in Ecuador using the Ecuadorian Science, Technology, and Innovation Activities (ACTI) survey database. A total of 219 metal–mechanical companies were selected, and a principal component a...
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| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Research and Development Academy
2024-12-01
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| Series: | Heritage and Sustainable Development |
| Online Access: | https://hsd.ardascience.com/index.php/journal/article/view/494 |
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| _version_ | 1850106031644868608 |
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| author | Anderson Argothy Justin Llamuca César Guerrero-Velástegui Fernando Herrera Ximena Morales |
| author_facet | Anderson Argothy Justin Llamuca César Guerrero-Velástegui Fernando Herrera Ximena Morales |
| author_sort | Anderson Argothy |
| collection | DOAJ |
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This study aimed to investigate the innovation activities of exporting companies in the meta-mechanics industry in Ecuador using the Ecuadorian Science, Technology, and Innovation Activities (ACTI) survey database. A total of 219 metal–mechanical companies were selected, and a principal component analysis was conducted to identify the most commonly used innovation activities by exporting companies. Additionally, a logit econometric model was developed to determine the probability of exporting based on the selected innovation activities. The findings of this study indicate that not all innovation activities increase the probability of innovation in the metal-mechanic industry in Ecuador. Specifically, the acquisition of machinery and equipment increases the probability of innovation in the industry. Overall, this research contributes to our understanding of the innovation-export relationship in the meta-mechanics industry in Ecuador and has important implications for policymakers and businesses seeking to promote economic development and growth in this sector.
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| format | Article |
| id | doaj-art-facbc19bbbd34fb7986df02f4c76f82a |
| institution | OA Journals |
| issn | 2712-0554 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Research and Development Academy |
| record_format | Article |
| series | Heritage and Sustainable Development |
| spelling | doaj-art-facbc19bbbd34fb7986df02f4c76f82a2025-08-20T02:38:55ZengResearch and Development AcademyHeritage and Sustainable Development2712-05542024-12-016210.37868/hsd.v6i2.494Innovative efforts and export performance in Ecuador’s metal mechanics industryAnderson Argothy0Justin Llamuca1César Guerrero-Velástegui2Fernando Herrera3Ximena Morales4Technical University of Ambato, EcuadorTechnical University of Ambato, EcuadorTechnical Universtiy of Ambato, EcuadorNational Polytechnical School, EcuadorTechnical University of Ambato, Ecuador This study aimed to investigate the innovation activities of exporting companies in the meta-mechanics industry in Ecuador using the Ecuadorian Science, Technology, and Innovation Activities (ACTI) survey database. A total of 219 metal–mechanical companies were selected, and a principal component analysis was conducted to identify the most commonly used innovation activities by exporting companies. Additionally, a logit econometric model was developed to determine the probability of exporting based on the selected innovation activities. The findings of this study indicate that not all innovation activities increase the probability of innovation in the metal-mechanic industry in Ecuador. Specifically, the acquisition of machinery and equipment increases the probability of innovation in the industry. Overall, this research contributes to our understanding of the innovation-export relationship in the meta-mechanics industry in Ecuador and has important implications for policymakers and businesses seeking to promote economic development and growth in this sector. https://hsd.ardascience.com/index.php/journal/article/view/494 |
| spellingShingle | Anderson Argothy Justin Llamuca César Guerrero-Velástegui Fernando Herrera Ximena Morales Innovative efforts and export performance in Ecuador’s metal mechanics industry Heritage and Sustainable Development |
| title | Innovative efforts and export performance in Ecuador’s metal mechanics industry |
| title_full | Innovative efforts and export performance in Ecuador’s metal mechanics industry |
| title_fullStr | Innovative efforts and export performance in Ecuador’s metal mechanics industry |
| title_full_unstemmed | Innovative efforts and export performance in Ecuador’s metal mechanics industry |
| title_short | Innovative efforts and export performance in Ecuador’s metal mechanics industry |
| title_sort | innovative efforts and export performance in ecuador s metal mechanics industry |
| url | https://hsd.ardascience.com/index.php/journal/article/view/494 |
| work_keys_str_mv | AT andersonargothy innovativeeffortsandexportperformanceinecuadorsmetalmechanicsindustry AT justinllamuca innovativeeffortsandexportperformanceinecuadorsmetalmechanicsindustry AT cesarguerrerovelastegui innovativeeffortsandexportperformanceinecuadorsmetalmechanicsindustry AT fernandoherrera innovativeeffortsandexportperformanceinecuadorsmetalmechanicsindustry AT ximenamorales innovativeeffortsandexportperformanceinecuadorsmetalmechanicsindustry |