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
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- EP ID EP697668
- DOI 10.22430/24223182.1395
- Views 100
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