The Role of Technology Extension and Transfer in Firms’ Innovation and Productivity in Peru

Descripción del Articulo

This study examines how technology extension and transfer services (TETS) drive firm-level innovation and productivity. Since research and development (R&D) investments are subject to market failure, engaging with external agents enables firms to innovate at lower risk and cost. Using data from...

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Detalles Bibliográficos
Autores: Ortiz, Miguel, Palomino, Juan
Formato: documento de trabajo
Fecha de Publicación:2025
Institución:Pontificia Universidad Católica del Perú
Repositorio:PUCP-Institucional
Lenguaje:inglés
OAI Identifier:oai:repositorio.pucp.edu.pe:20.500.14657/203506
Enlace del recurso:https://hdl.handle.net/20.500.14657/203506
https://doi.org/10.18800/2079-8474.0543
Nivel de acceso:acceso abierto
Materia:Technology Transfer
Innovation
Productivity
R&D
CDM model
https://purl.org/pe-repo/ocde/ford#5.02.01
Descripción
Sumario:This study examines how technology extension and transfer services (TETS) drive firm-level innovation and productivity. Since research and development (R&D) investments are subject to market failure, engaging with external agents enables firms to innovate at lower risk and cost. Using data from Peru’s National Innovation Survey (ENI), we apply the Crépon, Duguet, and Mairesse (CDM) model alongside propensity score matching (PSM) to enhance the reliability of our results. Additionally, we employ the generalized propensity score (GPS) method to analyze the sensitivity of innovation and sales outcomes to varying investment levels. The findings confirm that investment in training and external R&D significantly enhances innovation, thereby boosting labor productivity. However, this relationship is nonlinear, suggesting the presence of investment thresholds required to maximize impact.
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