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RPS 2016-02: Does Innovation Mediate Good Firm Performance?

Aside from physical capital and human resource, private firms are also advised to invest in innovations to be more productive and profitable. However, it is important to ensure such investment is well-spent. This study found that product and process innovations do lead to increase in sales and profits, and improve labor productivity. It 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 Lourdes E.; Philippines; innovation; small and medium enterprises; process innovation; firm performance; product innovation; SMEs;
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Published in 2016 and available in the PIDS Library or can be downloaded as full text Downloaded 1,714 times since January 30, 2017