Scientific Capacity and Industrial Development As Locomotors of International Competitiveness in Latin America

Technological and Economic Development of the Economy. Volume 25 Issue 2: 300–321

22 Pages Posted: 28 Apr 2020

See all articles by Jesús Peña-Vinces

Jesús Peña-Vinces

University of Seville

Diego SANCHEZ-ANCOCHEA

University of Oxford - Department of International Development

Jorge Guillen

Esan Graduate School of Business

Luis F. Aguado

Pontificia Universidad Javeriana, Seccional Cali

Date Written: April 2, 2020

Abstract

Different bodies of literature emphasise the separate impact of the manufacturing sector and scientific capacity for competitiveness in developing countries. Scientific knowledge can increase productivity and promote innovation, while the manufacturing sector creates spillovers and generates processes of learning-by-doing. Yet, do these two processes complement each other? Do they, together, contribute to even higher international competitiveness? This paper explores these questions, drawing on an eleven-years panel data set for ten South American economies. We develop a moderation hypothesis model based on the congruence between science, industry, and international competitiveness. Our results support our hypothesis that scientific capacity and manufacturing development have a joint impact on international competitiveness that goes beyond their marginal effects and thus calls for future efforts to implement industrial policy.

Keywords: scientific capacity, manufacturing sector, international competitiveness, industrial policy, Latin America

JEL Classification: O14, O25, O3, O43, L16, F13

Suggested Citation

Peña-Vinces, Jesús and SANCHEZ-ANCOCHEA, Diego and Guillen, Jorge and Aguado, Luis Fernando, Scientific Capacity and Industrial Development As Locomotors of International Competitiveness in Latin America (April 2, 2020). Technological and Economic Development of the Economy. Volume 25 Issue 2: 300–321, Available at SSRN: https://ssrn.com/abstract=3566980

Jesús Peña-Vinces (Contact Author)

University of Seville ( email )

Avda RAMON Y CAJAL
Sevilla, Sevilla 41004
Spain

HOME PAGE: http://personal.us.es/jesuspvinces/

Diego SANCHEZ-ANCOCHEA

University of Oxford - Department of International Development ( email )

United Kingdom

Jorge Guillen

Esan Graduate School of Business ( email )

Alonso de Molina 1652
Monterrico
Lima, Surco
Peru

Luis Fernando Aguado

Pontificia Universidad Javeriana, Seccional Cali ( email )

Calle 18 No. 118-250
Cali, Valle del Cauca
Colombia
5723218200 (Phone)
572555 35 87 (Fax)

HOME PAGE: http://www.javerianacali.edu.co

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