TY - JOUR TI - Financiación de la innovación en las mipyme Iberoamericanas JO - ESTUDIOS GERENCIALES;Vol. 29 No. 126 Enero/Marzo 2013 PB - Universidad Icesi PY - 2013 issn 01235923 AB - Innovation enables companies to achieve a sustainable timely competitive advantage and is a key determinant of economic growth. Funding has often been mentioned as a major barrier to carry out innovation activities. This empirical paper analyzes the relationship between funding sources and innovative activity by IberoAmerican micro, small and medium-sized enterprises (Msmes) based on the results of a survey conducted on a sample of 1970 firms. The results indicate a significant positive relationship between the use of borrowed funds and innovative activity. This demonstrates the importance of mechanisms to facilitate Msmes access to external debt funding in order to achieve high levels of innovation. KW - FACULTAD DE CIENCIAS ADMINISTRATIVAS Y ECONÓMICAS KW - PRODUCCIÓN INTELECTUAL REGISTRADA - UNIVERSIDAD ICESI KW - ADMINISTRACION KW - MIPYMES KW - FINANCIACIÓN KW - INNOVACIÓN UR - http://www.icesi.edu.co/revistas/index.php/estudios_gerenciales/article/view/1593 ER -