Dual Innovation in Peruvian Manufacturing Companies? Evaluating Technological Innovations

As it happens in different developed economies, many manufacturing companies in Peru are developing innovations to compete. The aim of this work is to study whether the implemented technological innovations produce effects on performance companies. Using the R software in regression models, a Logit analysis model was developed for a database of more than 700 manufacturing companies in Peru. The results show two aspects. Firstly, process innovation is positively associated with productivity. Secondly, product, service and process innovations are positively associated with an increase in market share. With these results of the work, the development of public policies and business strategies that allow the development of innovation efforts of effective Peruvian companies could be supported.