"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,
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
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.