%0 Journal Article 
%T Efectos estacionales en los mercados de capitales de la Alianza del Pacífico. Un estudio empírico
%D 2014
%@ 0123-5923
%U http://www.icesi.edu.co/revistas/index.php/estudios_gerenciales/article/view/2326
%X This paper analyzes the effect of innovative activity on the growth and performance of MSMEs in the
countries of the Pacific Alliance (PA). In order to do it, an empirical study with a sample of 386 companies
from Chile, Colombia, Mexico and Peru was conducted. The methodology of multiple linear regressions
by Ordinary Least Squares (OLS) was applied to verify the relationships observed. The results show that
innovation in products, processes and management has a positive impact on the growth of employment
and sales, also on profits. These results are particularly significant in PA’s countries of and can help
entrepreneurs, governments and academia to promote actions that encourage business innovation and
competitiveness.
%K Alianza del Pacífico
%K Mercado de capitales
%K Bolsas de valores
%~ GOEDOC, SUB GOETTINGEN