TR
EN
How Does Competitive Environment Affect Firm Innovation in Latin America and the Caribbean?
Öz
Competition is considered an important factor shaping firm innovation. However, most studies on Latin America and the Caribbean (LAC) have focused on the relationship between innovation and productivity, while empirical evidence on how competition affects firm innovation remains limited and largely confined to specific countries. This study examines the role of the competitive environment in firm innovation across the region by considering three measures of competitive conditions: informal market competition, product market competition intensity, and market power. Using firm-level data from 14 countries drawn from the World Bank Enterprise Surveys (WBES), the analysis employs probit, logit, and instrumental variable probit models. The findings show that informal competition and market power foster firm innovation, while product market competition hinders it.
Anahtar Kelimeler
Kaynakça
- Abbas, S., Adapa, S., Sheridan, A., & Azeem, M. M. (2022). Informal competition and firm level innovation in South Asia: The moderating role of innovation time off and R&D intensity. Technological Forecasting and Social Change, 181, 121751.
- Abdin, J., Sharma, A., Trivedi, R., & Wang, C. (2024). Financing constraints, intellectual property rights protection and incremental innovation: Evidence from transition economy firms. Technological Forecasting and Social Change, 198, 122982.
- Aboal, D., & Garda, P. (2016). Technological and non-technological innovation and productivity in services vis-à-vis manufacturing sectors. Economics of Innovation and New Technology, 25(5), 435–454. doi: /10.1080/10438599.2015.1073478.
- Aboal, D., & Tacsir, E. (2018). Innovation and productivity in services and manufacturing: the role of ICT. Industrial and Corporate Change, 27(2), 221-241.
- Acs, Z. J., & Audretsch, D. B. (1987). Innovation, market structure, and firm size. The Review of Economics and Statistics, 567-574.
- Adegboye, A. C., & Iweriebor, S. (2018). Does access to finance enhance SME innovation and productivity in Nigeria? Evidence from the World Bank Enterprise Survey. African Development Review, 30(4), 449-461.
- Aghion, P., Harris, C., Howitt, P., & Vickers, J. (2001). Competition, imitation and growth with step-by-step innovation. The Review of Economic Studies, 68(3), 467-492.
- Aghion, P., Bloom, N., Blundell, R., Griffith, R., & Howitt, P. (2002). Competition and innovation: An inverted U relationship (NBER Working Paper No. 9269). National Bureau of Economic Research. doi: 10.3386/w9269.
Ayrıntılar
Birincil Dil
İngilizce
Konular
İktisat Teorisi, Sanayi Ekonomisi
Bölüm
Araştırma Makalesi
Yazarlar
Yayımlanma Tarihi
27 Ekim 2026
Gönderilme Tarihi
1 Mayıs 2026
Kabul Tarihi
24 Ekim 2026
Yayımlandığı Sayı
Yıl 2026 Sayı: 91
APA
Özer Burhan, P. (2026). How Does Competitive Environment Affect Firm Innovation in Latin America and the Caribbean? Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, 91, 258-286. https://izlik.org/JA82YC76FB
AMA
1.Özer Burhan P. How Does Competitive Environment Affect Firm Innovation in Latin America and the Caribbean? Dumlupınar Üniversitesi Sosyal Bilimler Dergisi. 2026;(91):258-286. https://izlik.org/JA82YC76FB
Chicago
Özer Burhan, Pınar. 2026. “How Does Competitive Environment Affect Firm Innovation in Latin America and the Caribbean?”. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, sy 91: 258-86. https://izlik.org/JA82YC76FB.
EndNote
Özer Burhan P (01 Ekim 2026) How Does Competitive Environment Affect Firm Innovation in Latin America and the Caribbean? Dumlupınar Üniversitesi Sosyal Bilimler Dergisi 91 258–286.
IEEE
[1]P. Özer Burhan, “How Does Competitive Environment Affect Firm Innovation in Latin America and the Caribbean?”, Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, sy 91, ss. 258–286, Eki. 2026, [çevrimiçi]. Erişim adresi: https://izlik.org/JA82YC76FB
ISNAD
Özer Burhan, Pınar. “How Does Competitive Environment Affect Firm Innovation in Latin America and the Caribbean?”. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi. 91 (01 Ekim 2026): 258-286. https://izlik.org/JA82YC76FB.
JAMA
1.Özer Burhan P. How Does Competitive Environment Affect Firm Innovation in Latin America and the Caribbean? Dumlupınar Üniversitesi Sosyal Bilimler Dergisi. 2026;:258–286.
MLA
Özer Burhan, Pınar. “How Does Competitive Environment Affect Firm Innovation in Latin America and the Caribbean?”. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, sy 91, Ekim 2026, ss. 258-86, https://izlik.org/JA82YC76FB.
Vancouver
1.Pınar Özer Burhan. How Does Competitive Environment Affect Firm Innovation in Latin America and the Caribbean? Dumlupınar Üniversitesi Sosyal Bilimler Dergisi [Internet]. 01 Ekim 2026;(91):258-86. Erişim adresi: https://izlik.org/JA82YC76FB