Regresar

Influence of Technological Capabilities on Business Innovation in Ecuador

Abstract:

Technological capabilities are a determinant for innovation in companies since they permeate different aspects of the development of the organization. The research objective was to determine the influence that technological capacity has on innovation results, for this 50 metalworking SMEs from the Metropolitan District of Quito participated, which were identified as innovative and potentially innovative, due to the efforts and innovation results obtained in products and processes. The level of technological capabilities is medium, and its most relevant components are investment and learning, and technological relationships. Through the correlation analysis of Spearman, it was determined that there is a positive correlation significant between technological capacity and innovation in both product and process, therefore, the more developed this technological skill, there is a greater likelihood of innovation impact that enables SMEs to gain a more competitive business.