Improving Microeconomic Efficiency of Latin American Economies

Selowsky, Marcelo; Loser, Claudio

doi:10.1177/0974910115574088

Cited by 2 publications

(7 citation statements)

References 17 publications

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“…3–7; Schwartzman, , pp. 13, 14; Selowsky & Loser, , p. 12). At the same time, intellectual property laws were strengthened.…”

Section: The History Of Latin American Science Institutionalization Amentioning

confidence: 99%

“…95, 96; Kozameh & Ray, , p. 23; Ocampo & Parra, , p. 175; OECD, , pp. 18; OEI, , p. 17; Pajovic & Ivanovic, , p. 3; Perrotini et al, , p. 55; Ramirez, , p. 1027; Selowsky & Loser, , pp. 41, 122).…”

Section: How Would a Participatory Budgeting Scheme For Science Affecunclassified

“…91–93; Nudelsman, , p. 142; OECD, , p. 13; , pp. 47–52; Pajovic & Ivanovic, , p. 20; Perrotini et al, , p. 75; Selowsky & Loser, , p. 121; Stalling, , p. 19). Sharp capital outflows during the 1980s, 1990s, and 2000s, forced governments and the private sector to curtail spending and investment abruptly, even when the economy was in a downturn (Brenes et al, , pp.…”

Section: How Would a Participatory Budgeting Scheme For Science Affecmentioning

confidence: 99%

“…From 2013, high consumer and corporate debt, the threat of interest rate rises, and the rising U.S. dollar (which meant depreciating local currencies) also caused painful deleveraging, depreciation of asset prices, and halted investment and consumption in Latin America after 2011. The ratio of loans to deposits was approximately 60%–70% in Brazil, Argentina, Mexico, Uruguay, and Venezuela, but it was as high as 150% in Colombia and Chile (see Table ) (Brenes et al, , p. 4364; Caldentey & Vernengo, , p. 627; Calvo, Leiderman, & Reinhart, ; Dietz, , p. 13; Edmunds & Chartier, , p. 26; Nudelsman, , p. 142; OECD, , p. 48; Pastor & Wise, , p. 205; Selowsky & Loser, , p. 141; Wamboye, Mookerjee, & Sergi, , p. 95; Woller, , p. 387). The participatory budgeting scheme for science would be built from government savings and investments and would deploy credit to small‐ and‐medium‐sized businesses.…”

Section: How Would a Participatory Budgeting Scheme For Science Affecmentioning

confidence: 99%

“…1–3; Dastidar, , p. 13; Dominguez & Brenes, , p. 3; Doyle, , p. 1; Edwards, , p. 124; , p. 66; Fukuyama, , p. 70; Helwege, , p. 195; Kon, , pp. 10, 11; OEI, , p. 17; Pajovic & Ivanovic, , p. 13; Selowsky & Loser, , pp. 130, 131; Spronk & Webber, , p. 7).…”

Section: How Would a Participatory Budgeting Scheme For Science Affecmentioning

confidence: 99%

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Having It Both Ways: Can Latin American Spend More Money on Innovation and Reduce Income Inequality?

Soh¹

2019

Latin American Policy

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This article examines if Latin American nations would be helped by a participatory budgeting scheme for science at a time when their traditional exports of commodities are facing low prices; there is a need for industrial diversification; and there are high private‐debt levels, persistent poverty and inequality, and fiscal problems. Attempting to solve these issues has threatened the progress of science and technology policies over the last decade in Latin America at a time when countries such as China, Korea, Israel, and Finland were becoming increasingly competitive in science and technology. The article further examines the political pressures and resource competition that science and technology funding faces in Latin America, showing how a participatory budgeting scheme for science would invest in technology startups, remove reliance on taxation for science and technology funding, manage risk, supplement the incomes of citizens, and grant funds for basic research in Latin America. Finally, the article shows how the scheme would facilitate cooperation between Latin American business, the international science community, the general public, and government through investing in rather than taxing technology startups, while making sure that the general public receives more of a share of the economic gains from scientific discoveries in Latin America.

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“…3–7; Schwartzman, , pp. 13, 14; Selowsky & Loser, , p. 12). At the same time, intellectual property laws were strengthened.…”

Section: The History Of Latin American Science Institutionalization Amentioning

confidence: 99%

Section: How Would a Participatory Budgeting Scheme For Science Affecunclassified

Section: How Would a Participatory Budgeting Scheme For Science Affecmentioning

confidence: 99%

Section: How Would a Participatory Budgeting Scheme For Science Affecmentioning

confidence: 99%

Section: How Would a Participatory Budgeting Scheme For Science Affecmentioning

confidence: 99%

See 3 more Smart Citations

Having It Both Ways: Can Latin American Spend More Money on Innovation and Reduce Income Inequality?

Soh¹

2019

Latin American Policy

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Firms’ reaction to threats from informal firms: exploring the roles of institutional quality and technical gap

Zou

Xie

Zeng

2020

JBIM

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Purpose Threats from the informal sector have become an important concern among formal firms. As a response to these threats, formal firms can adopt product innovation (PI) and marketing innovation (MI) strategies to differentiate themselves. The purpose of this paper is to examine how firm-level technical capability and external institutional quality affect firms’ reactions to the threats from informal firms by adopting innovative activities. Design/methodology/approach Based on attention-based view (ABV), an empirical study is conducted by using firm-level data from the World Bank Enterprise Survey in 2013. Findings The findings indicate that when faced with competition from informal firms, formal firms will intensify their innovation activities in both MI and PI, and their technical capability mitigates the competitive threats from informal sectors and thus weakens the impact of informal competitors on the level of product and marketing innovations. Moreover, it is found that the improvement of institutional quality reduces formal firms’ urgency to introduce new products when facing informal competitors. However, this improvement strengthens the impact of informal rivalry on formal firms’ innovation in marketing methods. Originality/value Previous studies that investigate the influence of informal threats are focused on technological innovation (e.g., PI and process innovation) strategies, but little knowledge is provided on non-technological innovative strategies, such as marketing strategies (e.g., MI and organizational innovation). This study contributes to the innovation literature by delving into the circumstances under which PI and/or MI is adopted to counter informal rivals. The findings enrich ABV by investigating how inter-firm resource similarity and marketing commonality strengthen top managers' attention to competition from informal firms.

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Improving Microeconomic Efficiency of Latin American Economies

Cited by 2 publications

References 17 publications

Having It Both Ways: Can Latin American Spend More Money on Innovation and Reduce Income Inequality?

Having It Both Ways: Can Latin American Spend More Money on Innovation and Reduce Income Inequality?

Firms’ reaction to threats from informal firms: exploring the roles of institutional quality and technical gap

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