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PERSPECTIVES ON INNOVATION MANAGEMENT OF ECUADORIAN COMPANIES — EMPIRICAL EVIDENCE

GUILLERMO JAVIER DIAZ-VILLAVICENCIO, SIMONE DIDONET, ALEXANDER DODD

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This paper examines the relationship of 40 practices of innovation management lifted from Tidd et al. (2013, p. 634) in 477 Ecuadorian companies. The sample is from the period 2013–2014 and are divided into micro, small, medium and large enterprises. The management practices are divided a priori into 5 constructs (strategy, processes, organisation, relationships and learning). We then carry out a descriptive analysis, where the degree of the implementation of practices in the entirety of the businesses are stipulated. Later, we test a model with inferential analysis (multiple regression analysis) where the degrees of significance of the practices are determined within each construct and their relation to the size of the companies. The innovation management potential in the Ecuadorian business environment is also discussed. The results show, that companies are far from displaying constant management practices in innovation, as such, general recommendations for companies in the study are given.