Investment in research and economic growth: A look from the perspective of the sme companies of the Tungurahua Footwear
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Abstract
The objective of this research work was to analyze some approaches to effective models of economic growth that are based on research and the development of investment models, where it is specified that innovation processes are created in the sector of small and medium-sized enterprises (SMEs) of Tungurahua. The footwear sector is based on the stable development of investment, which allows constant growth in the economy in a sustained manner, if the performance indicators are constant compared to the investment and innovation processes in terms of development. The analysis was carried out using a paradigm of positivist scope, quantitative approach and descriptive scope. For the analysis and treatment of the data, the model elaborated by Romer (1990) was used, which has three orientations of analysis, in the first instance the growth in relation to the application of the technologies, in the second place, the type of market that Finally, the designs that were used for the process of creating new patents for the design of the products are analyzed. The results show that there is a significant coincidence in some measures related to the approach of updating endogenous knowledge, by virtue of confirming the existence of a significance in the relationship between the products that occur in the research and the development of the investment, as well as innovation and in parallel to the gross domestic product (GDP) per capita.
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