Analysis of types of innovation in Micro and Small-sized Enterprises: A case study in Barranquilla, Colombia

Diego Baez Palencia; Genesis Camargo-Acuña; Cristina Logreira-Vargas; Lisseth Vásquez-Peñaloza; Angie Alvarez-Gomez; Karen Payares-Jimenez

doi:10.1016/j.procs.2023.12.249

Analysis of types of innovation in Micro and Small-sized Enterprises: A case study in Barranquilla, Colombia

Diego Baez Palencia
, Genesis Camargo-Acuña
, Cristina Logreira-Vargas
, Lisseth Vásquez-Peñaloza
, Angie Alvarez-Gomez
, Karen Payares-Jimenez

Universidad de la Costa
Fundación Universitaria CEIPA
Universidad de Manizales

Producción: Contribución a una revista › Artículo de la conferencia › revisión exhaustiva

1 Cita (Scopus)

Resumen

Current market conditions require continual adaptation from companies. Therefore, it is necessary to develop strategies and innovations to be competitive, and Micro, Small and Medium-sized Enterprises (MSMEs) are not exempt from this reality. Therefore, this work aims to analyze the forms of innovation in the company and their contribution to the innovation capability in the context of MSMEs. Four types of innovation were evaluated: product innovation, process innovation, organizational innovation, and marketing innovation. A structural equation model was implemented through nine dimensions measured in 207 micro and small companies in Barranquilla, Colombia. The main findings showed statistical significance from the dimensions studied on the dynamic innovation capability.

Idioma original	Inglés
Páginas (desde-hasta)	553-558
Número de páginas	6
Publicación	Procedia Computer Science
Volumen	231
DOI	https://doi.org/10.1016/j.procs.2023.12.249
Estado	Publicada - 2024
Publicado de forma externa	Sí
Evento	14th International Conference on Emerging Ubiquitous Systems and Pervasive Networks / 13th International Conference on Current and Future Trends of Information and Communication Technologies in Healthcare, EUSPN/ICTH 2023 - Almaty, Kazajistán Duración: 07 nov 2023 → 09 nov 2023

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Este resultado contribuye a los siguientes Objetivos de Desarrollo Sostenible

ODS 9: Industria, innovación e infraestructura

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10.1016/j.procs.2023.12.249

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title = "Analysis of types of innovation in Micro and Small-sized Enterprises: A case study in Barranquilla, Colombia",

abstract = "Current market conditions require continual adaptation from companies. Therefore, it is necessary to develop strategies and innovations to be competitive, and Micro, Small and Medium-sized Enterprises (MSMEs) are not exempt from this reality. Therefore, this work aims to analyze the forms of innovation in the company and their contribution to the innovation capability in the context of MSMEs. Four types of innovation were evaluated: product innovation, process innovation, organizational innovation, and marketing innovation. A structural equation model was implemented through nine dimensions measured in 207 micro and small companies in Barranquilla, Colombia. The main findings showed statistical significance from the dimensions studied on the dynamic innovation capability.",

keywords = "Innovation dynamic-capability, Marketing innovation, Organizational innovation, Process innovation, Product innovation",

author = "Palencia, \{Diego Baez\} and Genesis Camargo-Acu{\~n}a and Cristina Logreira-Vargas and Lisseth V{\'a}squez-Pe{\~n}aloza and Angie Alvarez-Gomez and Karen Payares-Jimenez",

note = "Publisher Copyright: {\textcopyright} 2024 The Authors. Published by Elsevier B.V.; 14th International Conference on Emerging Ubiquitous Systems and Pervasive Networks / 13th International Conference on Current and Future Trends of Information and Communication Technologies in Healthcare, EUSPN/ICTH 2023 ; Conference date: 07-11-2023 Through 09-11-2023",

year = "2024",

doi = "10.1016/j.procs.2023.12.249",

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T1 - Analysis of types of innovation in Micro and Small-sized Enterprises

T2 - 14th International Conference on Emerging Ubiquitous Systems and Pervasive Networks / 13th International Conference on Current and Future Trends of Information and Communication Technologies in Healthcare, EUSPN/ICTH 2023

AU - Palencia, Diego Baez

AU - Camargo-Acuña, Genesis

AU - Logreira-Vargas, Cristina

AU - Vásquez-Peñaloza, Lisseth

AU - Alvarez-Gomez, Angie

AU - Payares-Jimenez, Karen

PY - 2024

Y1 - 2024

N2 - Current market conditions require continual adaptation from companies. Therefore, it is necessary to develop strategies and innovations to be competitive, and Micro, Small and Medium-sized Enterprises (MSMEs) are not exempt from this reality. Therefore, this work aims to analyze the forms of innovation in the company and their contribution to the innovation capability in the context of MSMEs. Four types of innovation were evaluated: product innovation, process innovation, organizational innovation, and marketing innovation. A structural equation model was implemented through nine dimensions measured in 207 micro and small companies in Barranquilla, Colombia. The main findings showed statistical significance from the dimensions studied on the dynamic innovation capability.

AB - Current market conditions require continual adaptation from companies. Therefore, it is necessary to develop strategies and innovations to be competitive, and Micro, Small and Medium-sized Enterprises (MSMEs) are not exempt from this reality. Therefore, this work aims to analyze the forms of innovation in the company and their contribution to the innovation capability in the context of MSMEs. Four types of innovation were evaluated: product innovation, process innovation, organizational innovation, and marketing innovation. A structural equation model was implemented through nine dimensions measured in 207 micro and small companies in Barranquilla, Colombia. The main findings showed statistical significance from the dimensions studied on the dynamic innovation capability.

KW - Innovation dynamic-capability

KW - Marketing innovation

KW - Organizational innovation

KW - Process innovation

KW - Product innovation

UR - https://www.scopus.com/pages/publications/85183833450

U2 - 10.1016/j.procs.2023.12.249

DO - 10.1016/j.procs.2023.12.249

M3 - Conference article

AN - SCOPUS:85183833450

SN - 1877-0509

VL - 231

SP - 553

EP - 558

JO - Procedia Computer Science

JF - Procedia Computer Science

Y2 - 7 November 2023 through 9 November 2023

ER -

Analysis of types of innovation in Micro and Small-sized Enterprises: A case study in Barranquilla, Colombia

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