LATEST PUBLICATIONS
RPS 2021-06
Toward an Inclusive Social Insurance Coverage in the Philippines: Examining Gender Disparities
CSP-60
Delving into the Countrys Future Outlook
WP-2017-12
A Case Study of Company Best Practices on Regularization of Workers in Contracting Arrangements
WP-2017-11
A Legal Analysis on the Speedy Disposition of Labor Cases on Appeal

LATEST AV MATERIALS
PIDS WB 2021-0701
Challenges and Prospects of the Philippine Electric Vehicle Industry
PIDS WB 2021-0604
Senior High School Graduates' Prospects and Challenges in the Labor Market
PIDS WB 2021-0603
Improving the Land Tenure Security of Farmers and the Role of Agrarian Reform Beneficiary Organizations in Enhancing Agricultural Productivity
PIDS WB 2021-0602
Examining Philippine Regulatory Policies on Solid Waste Management
Publication Detail
DP 2015-06: Does Innovation Mediate Good Firm Performance?

Private firms invest in physical capital and human resource but they are also advised to invest in innovations to be more productive and profitable. Innovations refer to the development, deployment, and economic utilization of new products, processes, and services. It is important for firms to know whether investment in innovations is investment well-spent. Our empirical results provided an affirmative response to the question raised in this paper: "Does innovation mediate good firm performance?" Product and process innovations lead to increase in sales and profits and improve labor productivity. The paper also showed that firm size, age, and foreign equity are important factors leading firms to innovate.

Philippine Institute for Development Studies
Authors Keywords
Llanto, Gilberto M.; del Prado, Fatima; innovation; Philippines; process innovation; product innovation; firm performance; small and medium enterprises (SMEs);
Download PDF Number of Downloads
Published in 2015 and available in the PIDS Library or Downloaded 31,133 times since January 22, 2015
×
Please let us know your reason for downloading this publication. May we also ask you to provide additional information that will help us serve you better? Rest assured that your answers will not be shared with any outside parties. It will take you only two minutes to complete the survey. Thank you.


To use as reference:
If others, (Please specify):
Name: (optional)
Email: (required, but will not display)
Age:
Gender:
If Prefer to self-describe, please specify:
Level of Education:
Occupation:
If employed either part-time or full-time, name of office:
If others, (Please specify):
Would you like to receive the SERP-P UPDATES e-newsletter? Yes No
Use the space below if you have any comment about this publication or SERP-P knowledge resources in general.