Exploring the Influence of Innovation Management Tools on Product Innovation

the Case of Peruvian Innovative Firms

Authors

  • Jean Pierre Seclen-Luna Pontifical Catholic University of Peru
  • Fatima Ponce Regalado Pontifical Catholic University of Peru

DOI:

https://doi.org/10.6977/IJoSI.202009_6(2).0005

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.

Author Biography

Jean Pierre Seclen-Luna, Pontifical Catholic University of Peru

Full Professor Associate

Management Department

Principal contact for editorial correspondence.

Published

2020-09-01