Innovation Processes in the Colombian Manufacturing Industry
Journal Title: Revista CEA - Year 2020, Vol 6, Issue 11
Abstract
This paper aims to analyze innovation processes in the Colombian manufacturing industry by adopting a hermeneutic methodology and analyzing the results of interviews and a literature review. The Colombian manufacturing industry has acquired a certain innovation culture where the human talent of organizations actively participates in all the innovation processes, young workers have a high creative capacity, innovation is embedded in administrative management (updating or improving products), and innovations are developed in a continuous and incremental way. These results show that technological innovation facilitates work if the appropriate equipment, machinery and tools are available. Furthermore, a technological strategy involves the entire organization, especially when the goal is total customer satisfaction. We also found that technological strategies are thinking styles that constitute a firm’s innovation policy. Some companies do not protect their inventions with patents, but the most organized ones do. In conclusion, the Colombian manufacturing industry innovates products, processes, and services and supports the development of the sector with market studies.
Authors and Affiliations
Jorge Enrique Maldonado-Pinto, Luisa Fernanda Portilla-Barco
Keywords
Related Articles
- EP ID EP697668
- DOI 10.22430/24223182.1395
- Views 103
- Downloads 0
Corporate Social Responsibility of Local TV: A Case Study
Corporate social responsibility in the mass media industry is a current topic in the debate of the academic community. Therefore, this study aims to describe the reality of a local Ecuadorian TV station based on the prob...
Labor flexibility: a legacy that the pandemic leaves us?
Although the concept of "telework" started to be used before the 1990s, it was not until the rise of ICTs (information and communication technologies) that the concept became popular among organisations and became part o...
Análisis bibliométrico de la investigación en big data y cadena de suministro
Los mercados contemporáneos requieren la gestión de grandes cantidades de datos, por lo que el big data se ha convertido en una tecnología para responder a esta necesidad. En consecuencia, las empresas competitivas los e...
What are female SMEs leaders like? Applied study in Costa Rica
This study is an analysis of the characteristics of Costar Rican female entrepreneurs and their businesses. The aim is to provide insight and make proposals to support this economic sector. The method involves a quantita...
A Cash Flow Analysis Model Proposed for MSMEs in Colombia
Purpose: To propose a data analytics model that can be used to monitor the cash flow and support the survival of MSMEs. Design/methodology: The cash flow processes at Colombian MSMEs were characterized based on a state-...