"Multidimensional Innovation Responses and Foreign Competition"

The Knowledge Transfer Office of UoC and TIME-MBE, Master program in Business Economics (MBE) co-organize on Tuesday 31th January at 17:00, the fifth webinar for 2022-2023.

Speaker is Carlos Ponce, Professor of the Universidad Alberto Hurtado, Chile. 

Title of the webinar: "Multidimensional Innovation Responses and Foreign Competition"

To watch the webinar:

Join Zoom Meeting: https://uoc-gr.zoom.us/j/88053414554?pwd=WTFVbi85NDhzY2d1M0pjbzIzTHRVQT09

Meeting ID: 880 5341 4554
Passcode: 081049

Abstract: The dramatic increase in China's exports after its accession to the World Trade Organization offers a window of opportunity for learning the innovative behavior of firms under competitive distress. Using manufacturing firm-level data, we quantify the effects of foreign competition on innovation in Uruguay. Our estimates show that a higher level of foreign competition reduces innovation inputs (acquisition of new machines, equipment, and software) and outputs (process and product innovations). These adverse effects are larger for firms in business groups and smaller for more productive firms and firms with more skilled labor.



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