Investment intended for innovation. a descriptive study of mipymes in the province of Imbabura.

Abstract

The innovation process needs an economic effort, it is generally carried out by micro,
small, medium and large enterprises, however, these are often attributed to large companies. With
this perspective, the objective was to determine the degree of economic effort made by the MSMEs
in promoting innovation processes, in the province of Imbabura-Ecuador. As a result, information
was obtained on the number of innovations by company size, economic activities, and the degree of
investment by size. In conclusion, the micro, small and medium sector is more involved in innovation
activities, but has a high failure rate, and that the cooperative environment has allowed the successful
development of innovation activities for medium sized companies.