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Innovative activities in sustainable innovation. A Colombian study (#906)

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Date of Conference

July 19-21, 2023

Published In

"Leadership in Education and Innovation in Engineering in the Framework of Global Transformations: Integration and Alliances for Integral Development"

Location of Conference

Buenos Aires

Authors

Carvache-Franco, Orly

Peiró Signes, Ángel

Carvache-Franco, Mauricio

Carvache-Franco, Wilmer

Abstract

This research examines the relationship between innovative activities and sustainable innovation in Colombian companies. It is a quantitative non-experimental study with a cross-sectional design. The sample was obtained from the national innovation survey of Colombia. The econometric model used was Probit regression. The results show that research and development (R&D), the acquisition of machinery and equipment, and training are the activities related to sustainable innovation. The innovative strategies and activities of these companies are focused on the market through the development of R&D and training in innovation activities. This research sheds new light on the relationships between innovative activities and innovative performance in developing countries, where the evidence is scant.

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