Does firm innovation lead to high growth? Evidence from Ecuadorian firms

We analyze the determinants of: i) employment and sales growth, and ii) the likelihood of becoming a high-growth firm (HGF) among Ecuadorian firms for the period 2011-2014. We apply a two-stage econometric model that controls for selection bias in the choice to innovate in regards to the two rounds...

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Bibliographic Details
Main Authors: Paúl Ponce, Diego F Grijalva, Valeria Ayala, Yelitza Pontón
Format: Article
Language:English
Published: Universidad Nacional de Colombia 2018-12-01
Series:Cuadernos de Economía
Subjects:
Online Access:https://revistas.unal.edu.co/index.php/ceconomia/article/view/68621