Analysis of innovation drivers with a mapping innovation approach: Practical application in Ecuador

Abstract

Objective of the study: This study aims to identify and analyze the drivers of innovation in Ecuador. Methodology/Approach: The significance of innovation drivers was investigated through an exploratory systematic review using a mapping innovation approach. Statistical methods were used to apply an empirical analysis based on the Ecuadorian survey on Science, Technology, and Innovation Activities (released 2017). Originality/Relevance: As far as we are aware, this is the first study to investigate the drivers of innovation from a comprehensive approach of mapping innovation in Ecuador. Main results: The management of innovation drivers in Ecuador often presents issues for 98% of non-innovative companies. The most relevant innovation driver in Ecuadorian companies is cooperation with external sources where partner geolocations worldwide play a significant role. Theoretical/ Methodological Contribution: This study extends the framework of innovation drivers. The strengths and limitations of Ecuadorian innovation were identified from four perspectives of innovation drivers: internal innovation drivers, external innovation drivers, knowledge for innovation development, and investment in innovation. Social/Management Contribution: This study contributes to the understanding of innovation drivers in developing countries.