2020•International journal of systematic innovationOpen access

Exploring the Influence of Innovation Management Tools on Product Innovation- the Case of Peruvian Innovative Firms

Jean Pierre Seclen-Luna, Fátima Ponce Regalado

Abstract

This paper investigates the influence of innovation management tools on product innovation in 84 Peruvian companies that received public funding to carry out innovation projects. The empirical exploratory study is based on a comprehensive questionnaire for collecting data and is analysed using a binary Probit method. The results indicate that although the use of tools is scarce in Peruvian companies, innovation management tools influence product innovation. Furthermore, all the evidence shows that innovation management is important, and therefore the innovation process must be structured and systematized.

About this research paper

What this paper is about

Why it matters

OpenAlex reports 5 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

Key concepts: Innovation management, Product innovation, Business, Innovation process, Product (mathematics), Knowledge management, New product development, Process (computing)