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Innovation and its impact on the growth and development of companies in the food and beverage sector of the Distrito Metropolitan de Quito during 2017

Abstract:

This article analyzes the incidence of innovation in the growth and development of companies in the food and beverage sector of the Metropolitan District of Quito during 2017. It was designed a model of relationship between the dimensions of the variables. It is a quantitative, non-experimental, correlational study, using Cronbach's alpha and Chi squared coefficient with SPSS. In conclusion, innovation affects the growth and development of companies, so they have made more incremental innovations than radical ones.This article analyzes the incidence of innovation in the growth and development of companies in the food and beverage sector of the Metropolitan District of Quito during 2017. It was designed a model of relationship between the dimensions of the variables. It is a quantitative, non-experimental, correlational study, using Cronbach's alpha and Chi squared coefficient with SPSS. In conclusion, innovation affects the growth and development of companies, so they have made more incremental innovations than radical ones.